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Colorado Home Modification Tax Credit Could Save You $5,000

By November 6, 2019May 26th, 2021eMS News

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

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