Your TABOR refund will remain tax free. Senator Michael Bennet confirmed the refund’s tax-free status Tuesday, Jan. 9th.
TABOR, also known as the Taxpayer’s Bill of Rights, is a law that limits the intake and spending of revenue by the state or local governments and refunds any amount collected over that to residents at the end of the year.
There was a proposal from the IRS to tax the refunds.
It has also been confirmed that single filers will receive the full projected amount of $800. Once you file your tax return, your TABOR refund will be processed and mailed out.
Danny “Dan R” Ridenour has been in radio and television broadcasting for over 40 years, starting as a senior in high school in Rogers, Arkansas. His radio career has had stops in Nashville, Memphis, Oklahoma, and eventually, Colorado. Dan enjoys being involved in the community, having been a member of the Upper Arkansas Service Club and is currently on the board of directors for the Salida Community Center and is a member of the Chaffee County Fair Committee. He and his wife Carrie spend their days doing everything the mountains have to offer: hiking, camping, fishing and skiing. They've raised 3 children and have 2 grandchildren.
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