Residents living in the state of Colorado have the opportunity to apply for a financial boost through a stimulus check of up to $1,600. This initiative is specifically designed to support low-income seniors and individuals with disabilities.
The funds are administered by the Colorado Department of Revenue. The primary focus is on dependents who are unable to cover essential expenses such as rent, property taxes, and utility bills.
Colorado Stimulus Check
Ensuring proof of residency in Colorado for the entire year of 2023 is crucial for applicants. Additionally, you must not appear as a dependent on someone else’s federal tax return.
To qualify for this stimulus check in Colorado, applicants must meet certain criteria:
- Be aged 65 or older, or have a recognized disability, regardless of age.
- Single applicants must have an annual income of less than $18,026.
- Those filing joint returns must have a combined income of less than $24,345.
When Will the Colorado Stimulus Check Arrive?
According to the state authorities, direct deposits are scheduled for release on October 5, 2024, while paper checks are set to be mailed on October 15, 2024. It’s important to note that applications submitted before December 31, 2025 will be processed with direct deposits issued within the following 10 weeks, and paper checks sent within 12 weeks of receipt.
How to Access This Benefit
To receive this benefit, simply register on the Colorado Department of Revenue’s website. You will need to present either an ITIN (Individual Taxpayer Identification Number) or SSN (Social Security Number).