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At a Glance Effective January 1, 2024, the Colorado individual income tax rate is temporarily reduced to 4.25%.
How many times has the Colorado Constitution been amended?
This lesson focuses on the history of Colorados Constitution, which has been amended more than 176 times since it was passed in 1876. This fact has established the Peoples Constitution as one of the most easily amended state constitutions in the country.
What is the Tabor Amendment in Colorado?
The Taxpayers Bill of Rights (TABOR) Amendment was approved by voters in 1992. This amendment to the Constitution of the State of Colorado generally limits the amount of revenue governments in the state can retain and spend. Absent voter approval, it requires excess revenue to be refunded to taxpayers.
Can I amend my Colorado tax return?
If you are changing your Colorado return because the IRS made changes to your federal return, you must file the DR 0104X(opens in new window) within 30 days of being notified by the IRS. You must amend your Colorado return in this case, even if there is no net change to your tax liability.
Concerning the Requirement to File a Colorado Amended Return to
Concerning the Requirement to File a Colorado Amended Return to Report a Change in Federal Taxable Income. ; Authors. Colorado General Assembly ; Files. Download.
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