Renters credit in Colorado
Varies
Can Renters Get a Tax Break in Colorado?
Short answer: Yes: Colorado offers the Property Tax/Rent/Heat (PTC) Rebate. Rebate of up to $1,178 (2025) for low-income older Coloradans to help with rent, property tax, or heating costs, claimed on Form DR 0104PTC. Age 65+ or surviving spouse 58+; full-year Colorado resident; total income under $19,094 single or $25,788 married (2025); cannot be claimed as a dependent.
Beginning with tax year 2025, people with disabilities under 65 no longer use the PTC rebate; they claim the separate Disability Assistance Credit on their Colorado income tax return instead. You can claim one or the other, not both. Rent on your own home isn't deductible on your federal return; the exceptions are a home office used for your business or renting out part of the place you rent.
Records to keep: Keep your lease, rent receipts or a landlord rent certificate, and proof of household income. Check your state's current-year form and deadline before you apply.
Renters credit in Colorado
Varies
Individuals / Personal Taxes
Yes: Colorado offers the Property Tax/Rent/Heat (PTC) Rebate. Rebate of up to $1,178 (2025) for low-income older Coloradans to help with rent, property tax, or heating costs, claimed on Form DR 0104PTC. Age 65+ or surviving spouse 58+; full-year Colorado resident; total income under $19,094 single or $25,788 married (2025); cannot be claimed as a dependent.
Business justification
Yes: Colorado offers the Property Tax/Rent/Heat (PTC) Rebate. Rebate of up to $1,178 (2025) for low-income older Coloradans to help with rent, property tax, or heating costs, claimed on Form DR 0104PTC. Age 65+ or surviving spouse 58+; full-year Colorado resident; total income under $19,094 single or $25,788 married (2025); cannot be claimed as a dependent. Beginning with tax year 2025, people with disabilities under 65 no longer use the PTC rebate; they claim the separate Disability Assistance Credit on their Colorado income tax return instead. You can claim one or the other, not both. Rent on your own home isn't deductible on your federal return; the exceptions are a home office used for your business or renting out part of the place you rent.
Category
- Personal Tax Deductions