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Wednesday, February 1, 2023

Stimulus Check Colorado

The last stimulus check payments will be sent out to Colorado taxpayers next month, the state’s revenue department announced this week.

Who can get a stimulus check?

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If you meet the following criteria, you may qualify for additional payment:

  • You live in Colorado or are currently employed or self-employed there; OR
  • You lived in Colorado and were unemployed during the last quarter of 2020/first quarter of 2021; AND
  • Your gross income for 2020 was below $50,000 if filing as a single person or under $75,000 if married filing jointly with a spouse -OR- Your net worth (assets minus liabilities) was less than $200,000 ($400K if married filing jointly). Taxpayers in Colorado who are still awaiting a 2020 stimulus check of up to $1,500 will receive their payments shortly, the state’s revenue department said this week.
  • The Colorado Department of Revenue (DOR) noted that those who haven’t yet received their tax rebates should see them in their bank accounts or on debit cards.
    • The DOR said taxpayers in Colorado who are still awaiting a 2020 stimulus check of up to $1,500 will receive their payments.

      Stimulus Check: Colorado Citizens Can Enjoy

      Taxpayers who don’t have a bank account can use the myColorado app, or register for direct deposit at the state’s website. The department also said it will mail another round of letters to taxpayers without bank account information on file. The letters inform people about how to register for direct deposit or debit card payment with the state’s myColorado app and directs them to go here for more information about how to get their money.

      Anyone who isn’t sure if they’re due a payment can go to the Get My Payment tool on the IRS website to check their status. You’ll need your Social Security number, or a tax return transcript from the IRS. If you don’t have a Social Security number, you will need a tax return transcript.

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      More than 2 million Coloradans have received a total of more than $3 billion in stimulus money so far, according to the department of revenue.

      That includes everyone who has received any sort of refund from the federal government since the stimulus began. This includes overpayments on taxes and other types of payments made by the IRS, as well as refunds for purchasing hybrid vehicles and energy-saving appliances.

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