Update: The IRS sent an updated guidance Friday afternoon saying it wouldn’t touch TABOR payments — though it classified them as “general welfare and disaster relief payments,” and not state tax refunds.
were sent to Coloradans late last summer to refund taxes collected over the limit set by the Taxpayer Bill of Rights, or TABOR.
“We were as surprised and disappointed as so many Coloradans were of learning of the IRS’s announcement,” U.S. Rep. Joe Neguse, a Lafayette Democrat said in an interview. He organized the bipartisan letter from Colorado delegates sent Friday morning. “For 30 years those payments have rightfully made their way to Colorado taxpayers and their families without the IRS raising any type of issue. That shouldn’t change now.
In the letter, Colorado’s federal delegation warned that suddenly taxing the refunds “would impose a significant burden on Colorado taxpayers, introduce considerable compliance costs for taxpayers who did not anticipate having to add their TABOR revenue payments to their joint or single filings, and cost Coloradans hundreds of additional dollars in tax liability.”
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