Senior, Veteran and Disability Property Tax Relief in Colorado
Property tax exemptions, freezes and credits in Colorado for seniors, disabled veterans and people with disabilities.
Short answer: A senior who has owned and occupied the home as a primary residence for 10 years, or the surviving spouse of such a senior, may claim the exemption of 50% of the first $200,000 of the primary residence's actual value. Colo. Const. art. X, § 3.5 (HCR25-1001 resolution summary); SB24-111 (2024 Colo. Sess. Laws ch. 169)
| Senior exemptions and freezes | A senior who has owned and occupied the home as a primary residence for 10 years, or the surviving spouse of such a senior, may claim the exemption of 50% of the first $200,000 of the primary residence's actual value. A separate statute (SB24-111) gives a reduced valuation for property tax years 2025 and 2026 to an owner who previously qualified for the senior exemption on a different property (for a tax year starting on or after January 1, 2020) and no longer qualifies. SB24-111: https://leg.colorado.gov/bills/sb24-111 |
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| Veteran exemptions | Qualifying veterans with a disability may claim the homestead exemption of 50% of the first $200,000 of actual value of their owner-occupied primary residence, and surviving spouses receiving dependency and indemnity compensation are also covered. Since a 2023 law (SB23-036, effective in part January 1, 2024), the veteran applies to the county tax assessor (instead of the Division of Veterans Affairs) with documentary evidence from the U.S. Department of Veterans Affairs of qualifying veteran-with-a-disability status. Constitutional text: https://content.leg.colorado.gov/sites/default/files/documents/2025A/bills/2025a_hcr1001_01.pdf |
| Disability exemptions | Colorado residents with disabilities under age 65 (or surviving spouses under 58) who previously used the PTC rebate now claim the Disability Assistance Credit (DAC) on their Colorado income tax return, starting January 1, 2026; they may claim either the PTC rebate or the DAC, not both, in a tax year. |
| Other relief (credits, deferrals, circuit breakers) | Property Tax/Rent/Heat Credit (PTC) Rebate: full-year Colorado residents age 65 or older (or surviving spouses age 58 or older) as of December 31, 2025, who paid property tax, rent or heating bills, may receive up to $1,178 a year (plus a possible TABOR refund) for 2025 if total income is less than $19,094 (single) or $25,788 (married filing jointly). Applications for 2025 are due by December 31, 2027, online through Revenue Online or on Form DR 0104PTC. Beginning January 1, 2026, people with disabilities under 65 (or surviving spouses under 58) claim the Disability Assistance Credit on their Colorado income tax return instead; a person who qualifies for both may claim only one. |
More Colorado property tax & homestead exemptions
FAQ
Do seniors get a property tax exemption in Colorado?
A senior who has owned and occupied the home as a primary residence for 10 years, or the surviving spouse of such a senior, may claim the exemption of 50% of the first $200,000 of the primary residence's actual value. A separate statute (SB24-111) gives a reduced valuation for property tax years 2025 and 2026 to an owner who previously qualified for the senior exemption on a different property (for a tax year starting on or after January 1, 2020) and no longer qualifies.
Do disabled veterans pay property tax in Colorado?
Qualifying veterans with a disability may claim the homestead exemption of 50% of the first $200,000 of actual value of their owner-occupied primary residence, and surviving spouses receiving dependency and indemnity compensation are also covered. Since a 2023 law (SB23-036, effective in part January 1, 2024), the veteran applies to the county tax assessor (instead of the Division of Veterans Affairs) with documentary evidence from the U.S. Department of Veterans Affairs of qualifying veteran-with-a-disability status.
Is there a property tax exemption for people with disabilities in Colorado?
Colorado residents with disabilities under age 65 (or surviving spouses under 58) who previously used the PTC rebate now claim the Disability Assistance Credit (DAC) on their Colorado income tax return, starting January 1, 2026; they may claim either the PTC rebate or the DAC, not both, in a tax year.
What property tax relief programs does Colorado offer?
Property Tax/Rent/Heat Credit (PTC) Rebate: full-year Colorado residents age 65 or older (or surviving spouses age 58 or older) as of December 31, 2025, who paid property tax, rent or heating bills, may receive up to $1,178 a year (plus a possible TABOR refund) for 2025 if total income is less than $19,094 (single) or $25,788 (married filing jointly). Applications for 2025 are due by December 31, 2027, online through Revenue Online or on Form DR 0104PTC. Beginning January 1, 2026, people with disabilities under 65 (or surviving spouses under 58) claim the Disability Assistance Credit on their Colorado income tax return instead; a person who qualifies for both may claim only one.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.