As winter approaches, the Colorado Department of Revenue has announced a substantial financial relief initiative to support the elderly, disabled, and low-income households. Eligible residents can claim a $1600 stimulus check to help cover heating and other essential expenses during the colder months.
The Property Tax, Rent, Heat (PTC) Rebate program, which has been relieving Coloradans since 2019, is now enhanced to include a substantial stimulus check.
Eligibility and Application Process
To qualify for the $1600 stimulus check, applicants must meet specific criteria:
- Be a full-year Colorado resident.
- Be 65 or older, a surviving spouse aged 58 or older, or a disabled person of any age.
- Have a total income of less than $18,026 for single filers or $24,345 for married couples filing jointly1.
Applications for the PTC Rebate must be submitted as soon as possible to ensure eligibility for the additional stimulus check. According to Marca, direct deposits began on October 5, 2024, and paper checks were mailed starting October 15, 2024.
State Officials’ Statements
Brendon Reese, Director of the Department of Revenue Division of Taxation, emphasized the importance of this initiative: “It’s crucial to support all Coloradans, especially those in underserved and underrepresented communities. We want Coloradans experiencing hardship to know that there are resources to help, and PTC rebates are one of them”.
Visit the Colorado Department of Revenue’s official website for more information on how to apply for the PTC Rebate and the $1600 stimulus check.
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