If you are a resident of Colorado and your income is limited, then there is good news for you. In the year 2025, the Colorado State Government is providing annual assistance of up to $1,112 to eligible citizens under the “Property Tax, Rent and Heat (PTC) Rebate Program”. In this article, we will know what this scheme is, who is eligible, how to apply, and how and when the payment will be received.
What is the PTC Rebate Program?
The PTC i.e. Property Tax, Rent and Heat Rebate Program is a financial assistance scheme run by the Colorado State Government. This scheme is especially for those senior citizens, persons with disabilities and low-income group residents who find it difficult to pay the basic necessities of their daily life such as rent, property tax and heating bills.
This rebate will be given in 2025 based on expenses incurred in 2024. Its purpose is to provide some relief to eligible citizens from the rising cost of living.
Eligibility Criteria
You must meet all of the following conditions to receive the PTC rebate:
1. Proof of Residence
You must have resided in Colorado for the entire year from January 1, 2024 to December 31, 2024.
2. Income Limits
- Single Individual: Annual income must be less than $18,704.
- Married Couple: Combined annual income must be less than $25,261.
3. Age or Disability Status
- You must be 65 years of age or older as of December 31, 2024.
- If you are a widow/widower, you must be at least 58 years of age.
- You must be totally and permanently disabled for the entire year.
4. Proof of expenses
You must have spent any of the following in 2024:
- Rent
- Property taxes
- Heating bill
How much money will you get?
The maximum amount an eligible applicant can get under this plan is $1,112. This amount can be given to you as a lump sum or you can also get it in four quarterly installments. The actual amount depends on how many months you lived in Colorado, and how much you spent.
Payment Schedule
| Application Deadline | Direct Deposit Date | Paper Check Date |
|---|---|---|
| March 10 | April 5 | April 15 |
| June 10 | July 5 | July 15 |
| September 10 | October 5 | October 15 |
| December 10 | January 5, 2026 | January 15, 2026 |
Important: Applying on time will not delay the payment.
How to apply?
Applying for the PTC rebate is an easy process, you just need to follow a few documents and steps.
Step 1: Gather the required documents
- Proof of residence in Colorado (such as rental agreement, utility bills, etc.)
- Proof of income (Social Security statement, pension documents, etc.)
- Proof of expenses (rent receipts, property tax bills, heating bills, etc.)
Step 2: Choose how to apply
Online application:
You can apply online by visiting the Colorado Department of Revenue website.
Mail application:
Download the DR 0104PTC form, fill it out, and send it to the address mentioned in it.
Step 3: Submit the application
- On-time application: Apply by April 10, 202,5 so that you can start receiving payments from January 2025.
- Late application: Can be done by December 10, 2025, but your payment will start from January 2026.
Special Tips for Applicants
- Choose direct deposit: This will help you get your payment faster.
- Fill the documents carefully: Any mistake or incomplete form may withhold your funds.
- Track the status: You can track your application status on the official Colorado website.
- Apply early: There may be technical glitches near the last date, so apply early.
Contact Information
If you face any problem in the application, you can contact the following helplines:
Colorado Department of Revenue:
- Website: https://www.getaheadcolorado.org/colorado-ptc-rebate
- Phone: 303-238-7378
For Denver Residents:
- Website: https://www.denvergov.org/Government/…/Property-Tax-Relief
- Phone: 720-944-4TAX (4829)
Conclusion
Colorado’s PTC Rebate Program is a very useful scheme for those who are troubled by rising inflation and living expenses. If you are eligible for this scheme, apply without delay and avail this government assistance.
This one small step of yours can bring financial relief in your life. Remember, the last date for application is April 10, 2025 – so prepare the documents and apply today.
