675 Tax Rebate: The Montana Department of Revenue has begun the second cycle of property tax rebates under a relief program. For property taxes paid on main houses, this program offers rebates of up to $675.
The online application portal for these rebates opened on August 15, 2024, and experienced a strong response, with 10,000 applications submitted within the first ten minutes, highlighting the program’s significance to Montana homeowners.
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Montana Homeownership and Residency Requirements
- Must own and live in Montana home for at least seven months in 2023.
- Must pay property taxes on primary residence.
This program is meant to assist locals by lowering their property tax bills. For property taxes paid on a primary residence, the Montana Department of Revenue’s website states the Property Tax Rebate offers up to $675 annually. Paid for property taxes paid in 2023 this rebate is possible.
The $675 rebate or the amount of property taxes paid, whichever is less. For example, if you paid $425 in property taxes, you would be eligible for a $425 rebate. If you were to pay $1,200, your rebate would be $675.
675 Tax Rebate: What date is the application deadline?
Residents are required to request a refund between August 15, 2024, and October 1, 2024. Online applications are superior to paper ones, according to the Montana Department of Revenue, because they may be processed more quickly and effectively. The department’s website has resources for candidates, such as tools to find important data like the geocode of the property.
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If you apply online, you should get your return within 30 days. If you apply on paper, it could take up to 90 days. Since residents can’t get their rebates through direct pay, they should get them in the mail at least four weeks after they are processed.
