In 2025, Colorado is rolling out a targeted $1,112 stimulus payment to offer financial relief for married couples filing jointly. With inflation and living costs continuing to rise, this one-time payment is part of the state’s broader effort to help middle-income families stay afloat. If you and your spouse filed taxes together in Colorado and earned under a certain threshold, you might be eligible for this payment.
Here’s everything you need to know to find out if you qualify, how the payment will be distributed, and what to do with the money once you receive it.
Overview
This $1,112 stimulus payment is a no-application-needed, income-based benefit issued automatically to qualifying couples based on their 2023 Colorado tax return. The goal is to support households that might not qualify for traditional low-income assistance but are still feeling the pinch of rising expenses.
Topic | Details |
---|---|
Payment Amount | $1,112 |
Eligibility | Married couples filing jointly in 2023 with income under $200,000 |
Income Threshold | Up to $200,000 combined |
Claim Process | Based on 2023 state tax return (no separate application required) |
Payment Method | Direct deposit or paper check |
Distribution Start | Early 2025 |
Deadline to File | April 15, 2025 |
Official Website | Colorado Department of Revenue |
Who Qualifies?
To receive this payment, you’ll need to check off a few key boxes. Let’s break it down.
1. Filing Status: Married Filing Jointly
This payment is exclusively for married couples who filed their 2023 Colorado state taxes jointly. If you filed as single, head of household, or in any other status, this stimulus doesn’t apply to you.
2. Income Under $200,000
To get the full $1,112, your total household income must be below $200,000. If your income slightly exceeds this limit, you may still receive a reduced payment. This program is designed to assist middle-income households that are often overlooked by other forms of aid.
3. Full-Year Colorado Residency
You must have lived in Colorado for all of 2023 to be eligible. If you moved in halfway through the year or didn’t file a state return, you’ll be left out of this round.
4. No Outstanding Tax Issues
If you owe back taxes or have other unresolved tax debts with the state, your payment could be delayed or withheld. Make sure everything is settled with the Colorado Department of Revenue before the end of the year.
Payment Process
The payment will be distributed automatically—no need to fill out any extra forms. But you do need to take a few simple steps to make sure you get it on time.
1. File on Time
File your 2023 Colorado state tax return by April 15, 2025. If you miss this deadline or file late, your payment might be delayed.
2. Choose Direct Deposit
If you want your money quickly, provide direct deposit info on your tax return. Otherwise, you’ll receive a paper check, which can take longer to process.
3. Watch for Updates
Most payments are expected to be processed in the first few months of 2025. Check the Colorado Department of Revenue website for updates.
How to Claim Your Payment
Here’s a quick step-by-step guide:
- File your 2023 state return as married filing jointly
- Ensure your income is under $200,000
- Provide direct deposit info for faster delivery
- Monitor updates from the Colorado Department of Revenue
That’s it. If all your info is accurate and you meet the requirements, you’ll receive your payment automatically.
How It Compares to Other States
Colorado isn’t the only state offering targeted stimulus relief. Here’s a quick look at what other states have done:
State | Program Name | Max Payment | Eligibility Focus |
---|---|---|---|
California | Middle Class Tax Refund | Up to $1,050 | Income-based, dependents |
Illinois | Refund Checks | Up to $400 per couple | Income and property tax |
New York | Empire State Child Credit | Varies | Households with children |
Compared to these, Colorado’s program is more narrowly focused but still generous, especially for couples close to the middle-income range.
Smart Ways to Use the Payment
Once you receive your stimulus, here’s how to get the most out of it:
1. Cover Essentials
Use it for groceries, rent, utilities, or transportation—whatever will ease immediate financial pressure.
2. Pay Down Debt
Apply the funds toward high-interest credit cards or other debts. Reducing interest can save you a lot in the long run.
3. Save for Emergencies
If you’re stable financially, park it in a rainy-day fund. Emergencies don’t schedule themselves, so it’s smart to prepare now.
4. Invest for the Future
Have your essentials covered? Consider putting some of the funds into a retirement account or investment platform to build long-term wealth.
Colorado’s $1,112 stimulus payment is a great opportunity to catch up, get ahead, or just breathe a little easier. If you’re a married couple filing jointly with a moderate income, this is one benefit you won’t want to miss. File on time, meet the requirements, and keep an eye on your mailbox—or your bank account.
FAQs
Who gets the $1,112 Colorado stimulus?
Married couples filing jointly with income under $200,000.
Do I need to apply separately?
No, it’s based on your 2023 Colorado tax return.
When will the payments start?
Payments will begin in early 2025.
What if I owe back taxes?
Outstanding tax debts may delay or reduce your payment.
How can I get my payment faster?
Provide direct deposit info on your tax return.