Unraveling the $2500 Payment Process: Up until December 31, the Montana Department of Revenue will give eligible people an income tax credit of up to $2500. But how do you get it?
People who filed taxes in 2021 will get income tax refunds from the State Treasury. These payments started going out to people in July and are based on the tax returns.
The amount of the individual income tax refund relies on whether the person is married on their 2021 return and how much tax they paid in 2021 (line 20 of the 2021 Montana Form Two).
A return of $1250 or the amount on line 20 will be given to people who filed as single, head of household, or married filing separately. Married people who file a joint tax return will get a refund of $2500 or the amount on line 20, whichever is less.
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How do I get my money back?
People who want to get a return on their individual income tax do not need to do anything. People who qualified will get their refunds sent to them immediately by the department.
Use Where’s My Rebate on the TransAction Portal (TAP) to find out what’s going on with your individual income tax rebate.
Who is eligible for the benefit?
The following people may be able to get this tax return of up to $2500:
- Lived in Montana the whole tax year that started on January 1, 2021.
- Filed a report for any time in 2020 that they lived in Montana.
- If you live in Montana, you filed a tax return for 2021.
- You turned in your Montana tax forms for 2020 and 2021 by the due date for the 2021 tax year, even though you were given extra time.
- No one else claimed you as a dependent on their federal or Montana income tax return for the 2021 tax year.
- There is a number on line 20 of your 2021 Montana Form Two that is 0.
