NEWS BRIEF
Colorado Public Radio reports that Colorado’s Family Affordability Tax Credit, a refundable credit for eligible families with children under 17, will be unavailable for the 2026 tax year. The suspension was triggered after the state’s December 2025 revenue forecast fell below the threshold tied to the credit.
A Colorado Children’s Campaign analysis estimated the credit lifted 22,500 children out of poverty in 2024. Researchers said the loss could increase child poverty, though they cautioned that the exact effect is uncertain because some families receive other assistance.
What to know
The tax credit’s 2026 suspension does not establish how many children will enter poverty. The source reports that other benefits may still assist some families, while researchers expect the loss of the credit could increase hardship.
Reporting: Colorado Public Radio · 10-21-2026
