Property Tax/rent/heat Rebate Booklet - 2012 Page 2

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Do you Qualify for the PTC Rebate?
Step 1
Did you live in Colorado from January 1–December 31, 2012? If you visit family out of state, but return to your
Colorado home, you are still a Colorado resident.
Yes. Continue to STEP 2.
No.
You do not qualify for the PTC.
Step 2
Is your TOTAL income from all sources less than the following?
Single
$12,481
Married (combined income)
$16,476
Yes. Continue to STEP 3.
No.
You do not qualify for the PTC.
Step 3
As of December 31, 2012, did you meet one of the following age limitations? If married, at least one person has to
meet the criteria.
Age 65 or older.
A surviving spouse, age 58 or older. If you were divorced before your spouse died, you are not considered a
surviving spouse and must therefore meet one of the other age limitations.
A disabled person of any age, who was unable to engage in any substantial gainful activity for medical reasons.
You must also have been qualified for full benefits from January 1–December 31, 2012 from a bona fide public or
private plan or source, based solely on your disability.
Yes. Continue to STEP 4.
No.
You do not qualify for the PTC.
Step 4
Were you lawfully present in the United States during this year? Applicants age 18 or older must have a valid Colorado
driver’s license or ID card, and must supply the number on their PTC application. See page 8 for more information.
Yes. Continue to STEP 5.
No.
You do not qualify for the PTC.
Step 5
Did you pay property tax, rent, or heating bills during this PTC period?
Yes. Continue to STEP 6.
No.
You do not qualify for the PTC.
Step 6
Were you claimed as a dependant on someone else’s federal income tax return?
Yes. You do not qualify for the PTC.
No. You qualify. Continue to the application.
When will my Rebate be Issued?
The Colorado PTC rebate is paid on a set schedule based on when your application is processed. For faster delivery, we
recommend that you file in January or early February and that you sign up for Direct Deposit (see page 4). This payment
schedule is set by law, and we cannot make any exceptions. Please review the following application/payment chart.
Application received,
Direct Deposit Payment
Paper Check Payment
Amount of Each
Number of Equal
approved, and processed
Dates
Dates
Installment Payment
Installments
before
March 10, 2013
April 5, 2013
April 15, 2013
1/4 of total rebate
4
June 10, 2013
July 5, 2013
July 15, 2013
1/3 of total rebate
3
September 10, 2013
October 5, 2013
October 15, 2013
1/2 of total rebate
2
December 10, 2013
January 5, 2014
January 15, 2014
Full rebate
1
December 31, 2014
10 weeks after receipt
12 weeks after receipt
Full rebate
1
DO NOT CALL PRIOR TO THESE DATES
Example: Mary Jones mails her application on January 20, 2013 and she selects Direct Deposit. She will receive 4 equal
payments, one of each being deposited in her account by 4/5/13, 7/5/13, 10/5/13 and 1/5/14.
Deadline for Filing your Application
Applications for the Colorado PTC rebate for calendar year 2012 must be filed on or before December 31, 2014.
Applications received after that date will be denied.
104PTC Booklet Page 2

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