One of the great economic improvements brought to the United States by the last pandemic was the stimulus checks. Truth be told, these types of payments make for a much better standard of living for many Americans. While it is true that in the past the pandemic worked a lot of bad things, the start of the stimulus checks being sent out is a welcome thing indeed.
Still, the new stimulus checks are not like the original ones. Currently, the Federal Government does not pay these types of benefits to people. The American Rescue Plan no longer exists as such, but some states do still have funds from it.
In this case we are talking about the State of Colorado, which is sending out a new stimulus check that happens to be a Real Estate Tax refund. In addition to that ,it is also a rebate for the rent credit and for heating. This is good news for the residents of this state, who have the opportunity to get back some of the money paid in taxes.
Requirements to receive this Colorado stimulus check
In order to receive one of these stimulus checks from the State of Colorado, it is mandatory to meet each and every one of these requirements:
The Colorado Property Tax Rebate (PTC) provides up to $1,044 in rebates & includes renters! https://t.co/rRmOEypdUk
— CRHDC (@CRHDC) June 5, 2023
- Have had habitual residence in Colorado from January 1st through December 31st of last year 2022.
- Not having an income of more than $16,925 in the case of single taxpayers.
- For married taxpayers, the maximum is $22,858.
- Be 65 years of age or older as of December 31st, 2022. It is also possible to access this stimulus check if you are a surviving spouse aged 58 or older. In this regard, a citizen with a disability is also eligible for the check regardless of age.
- Have paid property taxes. Likewise, it is also mandatory to have paid heating bills and rent.
- Not to be a dependent on the income tax return of a different person.
If all these requirements are met, the applicant can receive a stimulus check of up to $1,044. Some applications were already approved and processed before June 10. However, it is still possible to submit this application through the official website.