Do you need your home to adapt to you? Grab bars, a ramp, or wider doorways are just some examples of home modifications that could save you $5,000 on your Colorado taxes.
You may be eligible for this tax credit if you:
- have an impairment or disability that requires a home modification;
- are a Colorado state income taxpayer with an adjusted family income at or below $150,000 for the 2019 tax year; and
- anticipate owing more in state income taxes over the next five years than the value of the home modification work or $5,000, whichever is less.
For more information and to see if you qualify, please visit: https://www.colorado.gov/pacific/dola/home-modification-tax-credit