Friday, October 4, 2024

Which seniors will receive a $1,112 stimulus check in October?

Senior taxpayers in the state of Colorado could receive a property tax, rent and heat refund from the PTC Tax Credit program (for its acronym in English) of up to $1,112 dollars.

According to the Colorado Department of Revenue this stimulus check It will be sent to senior citizens regardless of whether or not they have a Social Security number.. To qualify for this payment you must meet some requirements:

  • Be 65 years old or older.
  • Have lived in the state of Colorado between January 1 and December 31, 2023.
  • Have an income limit of no more than $18,026 for single taxpayers and $24,345 for married taxpayers filing jointly.
  • Be a surviving spouse over 58 years of age or disabled.
  • Have declared property taxes, heating or rent bills in the 2023 tax year.
  • Not having been declared a dependent on another taxpayer’s income tax return.

According to the entity, the state has a fund of $7 million dollars for reimbursements.

Finally, those who have submitted and approved their application between June 11 and September 10, 2024 They will receive their stimulus check starting October 5 and those who submit the application before December 10 will have to wait for their payments until January 5, 2025.

Social Security: this group of people will receive their payment on October 1

To learn more about this tax refund you can consult at Colorado Department of Revenue website or call (303) 238-7378 from Monday to Friday from 08:00 to 16:30 MT.

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Melvin
Melvinhttps://indianetworknews.com
Melvin Smith is a seasoned news reporter with a reputation for delivering accurate and timely news coverage. His journalistic expertise spans various topics, offering clear and insightful reporting on current events and breaking stories.

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