Watch CBS News

State of Colorado sending out TABOR refund checks. Don't accidentally throw the envelope away!

State of Colorado sending out TABOR refund checks
State of Colorado sending out TABOR refund checks 00:51

Every Colorado resident should double check their mail before they toss out any envelopes this month. There could be a tax refund check for you.

The State of Colorado has started to send out TABOR refund checks of at least $750.

This is what the envelope looks like:

checks.jpg
CBS

It's not junk mail, so don't throw it away!

RELATED: Governor Polis renames TABOR refunds in election year maneuver: 'A rose is a rose' 

State officials have set up a hotline for people who have questions about their checks. Coloradans can call 303.951.4996.

Here's what money experts say about making the most of your refund:

  • Before you spend anything, make sure it goes to your most pressing need.
  • Second, pay down your credit cards -- eliminate high interest debt.
  • Then, pay down other debts like your car loans or overdue utility bills.
  • Put anything left into savings.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.