DENVER, February 21, 2025 — Tax season has officially begun in Colorado, and the Colorado Department of Revenue (CDOR) is making it easier than ever for residents to save money. The state has started processing income tax returns from third-party services and has launched a new online tax benefits hub designed to help Coloradans take advantage of valuable tax credits and deductions.
How Coloradans Can Save on Taxes
The Tax Benefits Hub (Tax.Colorado.gov/SaveMoney) provides an easy-to-navigate guide to potential tax savings. It categorizes dozens of refundable tax credits and subtractions into four key groups:
- Families and Individuals
- Seniors and Retirees
- Charitable Contributions
- Climate-Friendly Incentives
Eligible taxpayers—even those with little or no state tax liability—could see significant savings.
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Big Tax Breaks Available for 2024 Filers
Colorado taxpayers may qualify for thousands of dollars in savings for the 2024 tax year. Some key credits include:
- Colorado Earned Income Tax Credit: A family of four with a $50,000 adjusted gross income could receive $1,334.
- Colorado Child Tax Credit: Families can claim up to $1,200 per child under 6.
- Family Affordability Tax Credit: Offers up to $3,200 per child (under 6) and $2,400 per child (ages 6-16).
- Innovative Motor Vehicle Tax Credit: Provides up to $7,500 for qualifying electric vehicles.
- Colorado Promise Higher Education Tax Credit: Covers tuition and fees for eligible students’ first two years of college.
For a full list of credits and eligibility details, visit Tax.Colorado.gov/SaveMoney.
More Tax Assistance for Coloradans
In addition to the Tax Benefits Hub, Coloradans can access free or low-cost tax help through Get Ahead Colorado. This program connects residents with essential tax credits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC)—both of which significantly impact economic mobility, health, and education.
For those needing in-person tax support, CDOR has introduced TAX2GO, a new mobile tax assistance program for individuals who cannot easily visit a Taxpayer Service Center. More details can be found at Tax.Colorado.gov/TAX2GO.
How to File Your Taxes
The 2024 Colorado tax deadline is April 15, 2025. However, the state offers an automatic six-month extension if payment obligations are met by the deadline.
Taxpayers have two filing options:
- Online: CDOR recommends filing electronically for faster processing and fewer errors. Several certified third-party vendors offer e-file services, and Revenue Online filing will be available soon.
- By Mail: State income tax forms and instructions are available at Tax.Colorado.gov.
To check refund status, visit Tax.Colorado.gov and click “Where’s My Refund.”
Need Help?
For general tax questions or assistance, residents can:
📞 Call the Taxpayer Helpline: (303) 238-7378 (Monday–Friday, 8 a.m.–4:30 p.m.). Translation services available.
📍 Visit a Taxpayer Service Center: Appointments are required.
💻 Find Community Tax Help: Tax.Colorado.gov/Community-Tax-Help
With tax season officially underway, now is the time for Coloradans to explore their savings options and make the most of available tax credits. For more local updates and resources, visit North Forty News.
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