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Update the 2023 Colorado Sales tax refund (#5291)
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Fixes #5290
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PavelMakarchuk authored Nov 1, 2024
1 parent c037bb2 commit 62f337c
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4 changes: 4 additions & 0 deletions changelog_entry.yaml
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- bump: patch
changes:
fixed:
- Colorado 2023 sales tax refund.
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description: Colorado provides a flat sales tax refund credit of this amount.
values:
2023-01-01: 661
2023-01-01: 800

metadata:
period: year
unit: year
label: Colorado sales tax refund credit flat amount
reference:
- title: 2023 Colorado Individual Income Tax Filing Guide
href: https://leg.colorado.gov/sites/default/files/documents/2023A/bills/fn/2023a_hb1311_00.pdf#page=3
- title: 2023 Colorado Individual Tax Filing Guide 104 Book, Line 34
href: https://tax.colorado.gov/sites/tax/files/documents/Book0104_2023.pdf#page=9
- title: Colorado General Assembly HB23-1311 Identical Temporary TABOR Refund
href: https://leg.colorado.gov/bills/hb23-1311#:~:text=The%20act%20creates%20a%20new,2022%2D23%20state%20fiscal%20year
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co_sales_tax_refund_eligible: true
filing_status: SINGLE
output:
co_sales_tax_refund: 661
co_sales_tax_refund: 800

- name: Joint calculation
period: 2022
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filing_status: SEPARATE
output:
co_sales_tax_refund: 234

- name: Integration test
period: 2023
input:
people:
person1:
age: 40
person2:
age: 40
tax_units:
tax_unit:
members: [person1, person2]
co_modified_agi: 60_001
co_sales_tax_refund_eligible: true
filing_status: JOINT
output:
co_sales_tax_refund: 1_600

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