Colorado residents are eligible to apply for a stimulus check worth up to $1,600 in order to receive financial assistance. This program is especially intended to help elderly and people with disabilities who are low-income.
The Colorado Department of Revenue is in charge of overseeing the monies. Dependents who are unable to pay for necessities like rent, property taxes, and utility bills are the main focus.
Stimulus Checks of Colorado
It is imperative that applicants provide proof of residency in Colorado for the full year 2023. You also can’t be listed on someone else’s federal tax return as a dependent.
Applicants must fulfill specific requirements in order to be eligible for this stimulus check in Colorado:
- Be 65 years of age or older, or, regardless of age, have a recognized handicap.
- Applicants who are single must make less than $18,026 a year.
- A combined income of less than $24,345 is required of those filing jointly.
Read Also: Last Chance for New Jersey Residents: How to Access Your $1,750 Stimulus Check?
When Is the Colorado Stimulus Check Coming?
State authorities have scheduled the release of direct deposits for October 5, 2024, and the mailing of printed checks for October 15, 2024.
It is significant to remember that applications received by December 31, 2025, will be processed and that paper checks will be mailed out 12 weeks after receipt, and direct payments will be made within the next 10 weeks.
Read Also: How IRS and Tax Laws Offer Relief for Victims of Helene, Milton, and Other Disasters
How Do You Get This Benefit?
All you have to do to get this benefit is sign up on the Colorado Department of Revenue website. Either your Social Security number (SSN) or ITIN (Individual Taxpayer Identification Number) must be presented.
