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I checked the rules for Colorado TABOR refund and it say only over 18 years of age. But ProSeries is saying, if under 18 ..." do you have a CO tax liability (in this case no) OR are you claiming a refund of CO tax witholding" (in this case yes). And the box is auto checked yes and giving the TABOR refund. But....the rules I saw for CO on several different sources say you must be over 18. I only do a few CO tax returns so is ProSeries wrong and should I override it?
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Anyone? Please let me know if you have any ideas? I will just go with ProSeries I guess and pray they are right..
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Well, this is what I found on Colorado.gov
The Department of Revenue (DOR) is administering the following 2023 TABOR refund mechanism, primarily through the Colorado Individual Income Tax Return (DR 0104):
Sales Tax Refund - Eligible 2023 full-year residents may claim this refund by filing in the manner described below by the appropriate deadline. The refund is $800 for one qualifying taxpayer or $1,600 for two qualifying taxpayers filing jointly.
- File a 2023 DR 0104 by April 15, 2024, if you:
- Were at least 18 years old when the tax year began,
- Do not have a Colorado income tax liability,
- Are not claiming a refund of wage withholding, and
- Are not otherwise required to file a Colorado return because you have no federal filing requirement.
- File a 2023 DR 0104 by October 15, 2024, if you:
- Have a Colorado income tax liability,
- Claim a refund of wage withholding, or
- Are required to file a Colorado return because you are required to file a federal return.
So based on this I assume a 16 year old can get the refund, in my client's case...the second one on the second list..claim a refund of wage withholding. So I will go with ProSeries' automatic box checking and hope it doesn't come back to bite later on.
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I always go to the State or Federal to check. But thank you sjrcpa, your comment made me go back and look some more. I finally found something that was more helpful. I made another comment on my post with what I found. Keeping my fingers crossed!
