Colorado exemption 2026

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  1. Click ‘Get Form’ to open the Colorado Exemption form in our editor.
  2. Begin by entering your name and phone number in the designated fields at the top of the form. This information is crucial for identification.
  3. Fill in your street address and, if applicable, a different mailing address. Ensure accuracy to avoid any issues with correspondence.
  4. In the section labeled 'I believe the following property is exempt', describe the property you claim is exempt from garnishment. Be specific to support your claim.
  5. Next, indicate the value of the property being held and specify the amount you claim as exempt. This helps clarify your exemption request.
  6. Provide a brief explanation of why you believe this property is exempt, referencing any relevant exemptions listed in the Writ of Garnishment.
  7. Check one of the acknowledgment boxes regarding changes made to the form before signing it at the bottom. This confirms your understanding of what modifications were made.
  8. Finally, certify that all information provided is correct and send a copy of this document via certified mail or E-Service as required.

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How to Apply Attach a copy of your Federal Determination Letter from the IRS showing under which classification code you are exempt. Attach a copy of your latest financial statement to reflect sources of Colorado income and expenditures. Attach a copy of Colorado Articles of Incorporation or of Organization.
There are two types of exemptions-personal and dependency. Each exemption reduces the income subject to tax.
The senior citizen exemption in Colorado is also called the homestead exemption. They must have owned and lived in their homes for at least 10 consecutive years and the property must be their primary residence.
The Colorado Constitution establishes a property tax exemption for senior citizens, surviving spouses of senior citizens, disabled veterans and gold star spouses. For those who qualify, 50 percent of the first $200,000 in actual value of their primary residence is exempted.

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