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Filed a 2021 state income tax return or applied for a property tax / rent / heat credit (PTC) rebate that year. The first round of checks went to residents who filed their taxes before June 30, 2022.
That state tax refund you just got is a nice little chunk of change; but, before you spend it, ask yourself this: Will I need to pay taxes on it when I file taxes next year? ... For the 2021 tax ...
The IRS doesn't oversee state tax refunds. Each state has its own timeline for how long it takes to process refunds. Find out how long your state takes. ... Colorado. 6-12 weeks, with 7-10 days ...
Returns are also required by partnerships doing business in the state. Many states require that a copy of the federal income tax return be attached to their state income tax returns. The deadline for filing returns varies by state and type of return, but for individuals in many states is the same as the federal deadline, typically April 15.
Tax is collected by the Colorado Department of Revenue. The Colorado income tax rate is a flat 4.55 percent of federal taxable income regardless of income level. Colorado's state sales tax is 2.9 percent on retail sales. [19] Full-year Colorado residents can claim an excess sales tax refund on their individual state income tax return.
$520 for married couples filing a joint 2021 income or property tax return with adjusted gross income of $150,000 or less. ... Massachusetts began paying out state tax refunds in November 2022 ...
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