In October 2024, the Colorado Department of Revenue began distributing stimulus checks of up to $1,600 per person to provide relief from rising inflation. This financial assistance is part of the state’s Taxpayer’s Bill of Rights (TABOR) program and is specifically designed for certain groups of Colorado residents.
This article will outline the eligibility criteria, age requirements, and the application process to ensure you know whether you qualify for this relief payment.
Who Qualifies for the $1,600 Stimulus Check?
This state stimulus primarily targets Colorado residents with specific age or situational requirements. The primary group eligible for the full $1,600 payment includes individuals aged 65 and older.
However, there is an exception for younger residents with a qualifying disability. These individuals can also apply for the stimulus check, provided they meet other eligibility criteria.
Eligibility Criteria
To qualify for the Colorado stimulus check, residents must meet the following requirements:
- Age: You must be 65 years or older to qualify. Individuals under 65 can apply if they have a verified disability.
- Residency: Applicants must have been full-time residents of Colorado for the entire year of 2023.
- Income Limits: For individuals filing taxes as single, annual income cannot exceed $18,026.
- For couples filing jointly, annual income must not exceed $24,345.
Those who opted for direct deposit started receiving payments on October 5, 2024, while paper check recipients saw their checks mailed out starting on October 15.
If you haven’t applied yet, ensure to do so before the December 25, 2024 deadline, as late submissions may experience delays.
Key Payment Dates
| Event | Date |
|---|---|
| First round of direct deposits | October 5, 2024 |
| Paper checks mailed | October 15, 2024 |
| Deadline to apply | December 25, 2024 |
| Expected processing time after deadline | 10-12 weeks |
How to Apply for the $1,600 Stimulus Check
The application process is straightforward:
- Visit the Colorado Department of Revenue’s online portal.
- Ensure you have your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) ready.
- Complete the application online by providing your basic details, residency, and income information.
The Colorado $1,600 stimulus check is meant to help people who are at risk, like older adults and those with disabilities, deal with higher prices for things they need every day because of inflation.
With payments already being distributed, checking whether you meet the eligibility criteria and applying before the December 25 deadline to receive your financial aid is important. If you’re eligible and haven’t applied yet, take advantage of this relief opportunity to ease the financial pressures brought on by inflation.
FAQs
Colorado residents aged 65 or older or individuals under 65 with a qualifying disability can apply.
Single applicants must have an annual income below $18,026, while couples filing jointly must earn less than $24,345.
Direct deposits started on October 5, 2024, and paper checks began mailing on October 15, 2024. If you haven’t received yours yet, check the application status online.
The application deadline is December 25, 2024. Be sure to apply before this date to avoid processing delays.
Yes, if you have a qualifying disability, you can apply even if you’re under 65.
