Colorado Tax Rebate 2023: Applications for At Least $1,000 Ends in 3 Days

The applications for Colorado Tax Rebate 2023 are reportedly ending in 3 days. In this article, read and find out who receives these tax rebates and when they will arrive!

The Property Tax, Rent, Heat Rebate is a Colorado Tax Rebate 2023 program that provides tax rebates to old residents and those with disabilities. These tax rebates are worth at least $1,000 and are intended to cover the costs of heating expenses this year. Any applicant who applies this year can expect to receive a refundable tax credit of $1,000. However, the applications for the Colorado Tax Rebate 2023 is already ending in 3 days.

According to Notheis, the date of when the eligible recipients can get the Colorado Tax Rebate 2023 is based on the method of payment they chose and when they have filed. This means that applications that have been received, approved, and processed before the deadline on March 10 will receive a direct deposit payment on April 5. Those who opted for paper checks will receive the tax rebates on April 15. However, those who have filed after March 10 will receive the payments later this year.

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How to Receive Colorado Tax Rebate 2023

An article on the CBS News states that to be eligible for the Colorado Tax Rebate 2023, an applicant must have resided in Colorado for the whole of 2022. They must have also paid property tax, rent, or heating bills in 2022. However, they must not have been claimed as a dependent on another taxpayer’s income tax return.

Furthermore, an applicant may either be 65 or older by December 31, 2022, have a surviving spouse who is 58 or older, or have a disability. Lastly, the applicant must not earn a total income of $16,925 for individual filers and $22,858 for joint filers.

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