$1,600 Stimulus Check – What Is the Minimum Age Requirement to Apply?

In October 2024, the Colorado Department of Revenue began distributing state stimulus checks aimed at providing financial relief to residents affected by rising inflation. This initiative, part of Colorado’s Taxpayer’s Bill of Rights (TABOR) program, offers up to $1,600 per person, targeting specific groups such as seniors and individuals with disabilities. Here’s a breakdown of the key details you need to know.

Eligibility

Colorado’s 2024 stimulus checks are primarily aimed at residents aged 65 or older, but there is an important exception. Individuals under 65 who can demonstrate they have a disability are also eligible for the payments.

In addition to age or disability status, there are a few other qualifications:

• Residency: Applicants must have lived in Colorado for the entirety of 2023.
• Income Limits: Individuals filing as single must have an annual income of no more than $18,026, while couples filing jointly cannot exceed $24,345. These income thresholds ensure that the financial aid reaches those who need it the most.

This program is designed to provide relief for those struggling with everyday expenses, such as food, utilities, and medications, due to inflation.

Payment Distribution

Payments began on October 5, 2024. Residents who opted for direct deposit started receiving their funds immediately, while those who chose a paper check will see their payments arriving from October 15, 2024. If you haven’t yet received your payment, and you believe you qualify, it’s important to file your claim before the December 25, 2024 deadline.

After filing, the processing time for your payment may take 10 to 12 weeks, depending on the volume of applications and your payment method.

Payment Schedule

Payment Method	Payment Start Date
Direct Deposit	October 5, 2024
Paper Check	October 15, 2024

How to Apply

Applying for Colorado’s stimulus check is straightforward. You’ll need your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) to get started. The application process is available online through the Colorado Department of Revenue’s portal, making it accessible and easy to complete from anywhere.

To apply, ensure you have proof of your income, residency, and any relevant documentation about your disability status if you’re applying under that exception. Keep in mind that missing the December 25, 2024 deadline could result in a significant delay in processing your application.

Deadlines

There are two crucial deadlines based on your tax situation:

• April 15, 2024: If you turned 18 or older in 2023 and do not owe taxes in Colorado, you must file Form DR 0104 by this date.
• October 15, 2024: If you have tax liability or expect a refund from wage withholding, you must submit your tax return before this deadline.

It’s critical to meet these deadlines to avoid missing out on your stimulus check.

Limited-Income Residents

The stimulus checks are part of Colorado’s efforts to prioritize those who need the most help, especially amid rising inflation. Seniors and individuals with disabilities, often living on fixed incomes, have been disproportionately impacted by the rising cost of living. Many rely on Social Security or pension plans, which may not keep pace with inflation.

By setting income limits—$18,026 for single individuals and $24,345 for couples—the program focuses on supporting low-income residents. For many retirees or people with disabilities, this stimulus could make a significant difference in covering essential expenses like medications, groceries, and utilities.

Impact

Inflation continues to strain households across Colorado, particularly those with fixed incomes. Prices for basic necessities like food, utilities, and healthcare have risen, making it harder for people to meet their everyday needs.

While the stimulus check isn’t a long-term solution, it provides temporary relief to those grappling with these rising costs. This financial support is particularly timely as families prepare for colder months, where utility bills are likely to increase.

Haven’t Received Your Payment

If you’re confident that you meet the eligibility requirements and haven’t received your payment, follow these steps:

1. Check Your Application Status: Visit the Colorado Department of Revenue’s website to track the status of your payment.
2. Contact the Department: If you haven’t received your payment after a reasonable amount of time, it’s a good idea to reach out directly to ensure there were no issues with your application.

It’s important to remember that applications submitted closer to the December 25 deadline may take longer to process due to high volumes. Be sure to apply as early as possible to avoid delays.

Colorado’s 2024 stimulus check offers crucial support to low-income residents during a challenging time. By targeting seniors and individuals with disabilities, the state is ensuring that those most impacted by inflation receive the financial assistance they need to cover essential expenses.

FAQs