I am 70 years old and live with my daughter. I am not claiming as her independent and file separately. I did not pay my daughter any rent and live for free.
Am I qualified for the Senior Housing Credit even though I am not spending any money on rent?
According to the rules, it seems that I am qualified if just review those three criteria:
Yes, it appears you are qualified for the Colorado Senior Housing Credit, if you don't have a Homestead or Veteran's exemption.
Here's more info on the Colorado Senior Housing Credit.
Does that mean the credit works for everyone even for the ones not actually have house spending?
Thanks
No. If you meet the eligibility requirement, you claim the credit. Here are the requirements are:
Colorado seniors who were full-year or part-year residents in 2022 qualify for this credit if:
Based on this criteria, I am qualified for this credit even though I do not have house spending, no rent and no house, but since I am 70, lower income, and not exempt for homestead exemption, I am qualified. Is that the correct understanding?