LOTTO: Scratch Ticket Wins $1 Million in Thornton
Dustin R. of Denver was overwhelmed with happiness when he scratched the third number on his $1,000,000 Jackpot Scratch ticket and realized he just won the top prize! He plans to use his winnings to invest and travel. His ticket was purchased at a Maverik gas station in Thornton.
DMV: New Law Ends "Free Ride" for Coloradans with Expired or Out-of-State Tags
On January 1, 2023 the clock began ticking for drivers who have refused to properly register their vehicles when they move to Colorado or have an expired temporary tag.
No longer will drivers be able to avoid paying the statutorily required taxes and fees owed to counties they reside in. If you moved to Colorado and haven’t properly registered your vehicle within the required time frames or let your temporary tag expire after the new year, expect to pay more when you finally do.
TAX: 2020 Unemployment Compensation Exclusion
The American Rescue Plan Act, which was signed into law March 11, 2021, retroactively excluded up to $10,200 in unemployment compensation from federal taxable income for tax year 2020. To qualify, taxpayers were required to have a modified gross income below $150,000. When the American Rescue Plan Act was enacted, a Department rule provided that retroactive changes in federal law did not affect a taxpayer's Colorado income tax liability. In accordance with this rule, the Department advised taxpayers who had filed their federal and state returns that they should not amend their state return to remove the excludable unemployment compensation.
Click below for detailed information regarding the 2020 unemployment compensation exclusion.