There’s been a lot of talk about a new $1,112 payment going out this spring — and yes, it’s real. But it’s important to know that this is not a federal stimulus check. Instead, it’s part of a Colorado state program meant to help people who are struggling with basic expenses like rent, property taxes, and heating bills.
If you live in Colorado and meet some fairly specific requirements, this money could be coming your way in May.
Let’s walk through what this payment is, who it’s for, and what you need to do to get it.
So, What’s This Payment Actually About?
The payment is part of Colorado’s Property Tax, Rent, and Heat Rebate program — also known as the PTC Rebate. It’s a program that’s been around for a while, but it doesn’t always make headlines.
This year, the rebate amount is $1,112 for those who qualify. It’s meant to give a little financial breathing room to Coloradans who are living on fixed or low incomes — especially seniors and those with disabilities.
Who Can Get the $1,112?
To qualify, you’ll need to check a few boxes. Here’s what the state requires:
1. You must have lived in Colorado for all of 2024.
This is a program just for Colorado residents.
2. You need to meet at least one of the following:
-
Be 65 or older by the end of 2024,
-
Be a surviving spouse who is at least 58 years old, or
-
Be permanently disabled (this is usually verified through Social Security).
3. Your income must be below a certain level:
-
Under $18,704 if you’re single,
-
Under $25,261 if you’re married and filing together.
4. You must have paid rent, property taxes, or heating bills in 2024.
This program is all about helping people with essential housing and energy costs.
When Will the Money Arrive?
-
Direct deposit payments will start going out on May 5, 2025.
-
Paper checks are expected to be mailed starting May 15, 2025.
If you signed up for direct deposit, you could see the money in your bank account pretty quickly after May 5. Paper checks might take a little longer to arrive by mail.
How Do You Apply?
If you haven’t applied yet, you still can — but don’t wait too long. You’ll need to apply through the Colorado Department of Revenue.
The easiest way to do it is online at Colorado.gov/revenue. If online forms aren’t your thing, you can also call them for help.
Just So We’re Clear…
This is not a new federal stimulus check, and it’s not for everyone. It’s specifically for qualifying Colorado residents. If you’re seeing viral posts claiming that every American is getting a $1,112 check this spring — that’s false.
So, if you’re not in Colorado or don’t meet the criteria, unfortunately this particular payment doesn’t apply.
