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Taxpayers who are at least 65 years old as of january 1 and who have occupied their property as their primary residence for at least 10 consecutive years may be eligible for the senior property tax exemption. Married couples and individuals who apply for the exemption on multiple properties will be denied the exemption on each property. Existing over 65 tax exemptions
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This exempts your property from the state portion of real property taxes An applicant or married couple can apply for the exemption on only one property and that property must be his or her primary residence The office is also asking seniors to validate and renew their previous tax exemption requests
You can currently review the exemptions online.
The senior property tax exemption applies to anyone age 65 and older who has both owned and lived in their home for at least 10 consecutive years Taxpayers who be at least 65 years old when of january 1 and who can occupied yours property as its primary residence for at least 10 consecutive years might be qualify for the elder belongings tax exemption. Is there an application process for the real property tax credit for seniors How do i apply for this tax credit
When would i receive my tax credit Who is an “eligible taxpayer”? A qualified senior primary residential property tax classification is available for tax years 2025 and 2026 This allows property owners who moved and lost their senior exemption, to have it temporarily reinstated for their new primary residence, if they meet certain requirements.
Discover how colorado's senior property tax exemption can save seniors thousands on property taxes
Learn eligibility criteria, application steps, and tips to ensure you get the tax relief you deserve. A property tax exemption is available to senior citizens and the surviving spouses of seniors who previously qualified When the state of colorado’s budget allows, 50 percent of the first $200,000 of actual value of the qualified applicant’s primary residence is exempted.
