The Property Tax, Rent, Heat (PTC) Rebate is now available to Colorado residents based on income including people with disabilities and older adults to help with their property tax, rent, and/or heat expenses this winter and beyond. The rebate amount can be up to $1,044 a year for applicants and if you apply in 2023, you could receive up to a $1,000 refundable tax credit. The Colorado Department of Revenue (DOR) outreach campaign increased the number of applications by more than 14% in 2022 compared to 2021. In 2023, this program could provide more than $7 million in relief to Coloradans ensuring seniors and Coloradans with disabilities can heat and remain in their homes.
Persons with disabilities; Elderly; Colorado resident for entire year; Paid property tax, rent or heating bills during prior year
Program offers a fixed amount per year
Less than $16,925 for single filers; Less than $22,858 for married filing jointly