Montana residents who paid property taxes in 2023 have an exciting opportunity. The state has launched a limited-time rebate program offering up to $675 to qualifying homeowners. But with the deadline for applications set for October 1, 2024, time is running out to claim this financial benefit.
In this guide, we’ll break down the details, so you can know if you’re eligible and how to apply for the rebate before the deadline.
Contents
- 1 Stimulus
- 2 Application
- 3 Eligibility
- 4 Criteria
- 5 Act Now
- 5.1 Social Security Maximum Benefit for Full Retirement Age Workers – Changes Following the 2025 COLA Increase
- 5.2 FAQs
- 5.3 Who qualifies for the $675 stimulus check?
- 5.4 How do I apply for the rebate?
- 5.5 What is the deadline to apply?
- 5.6 How long does it take to receive the rebate?
- 5.7 Can someone claim this rebate on behalf of a deceased homeowner?
Stimulus
Montana’s $675 stimulus check is a tax rebate aimed at homeowners who paid property taxes on their primary residence in 2023. The rebate’s purpose is to ease the burden of rising living costs by offering financial relief to those who qualify. The rebate amount is capped at $675, depending on how much property tax you paid for the year.
To qualify, you must meet certain conditions, including being a Montana resident and paying taxes on your primary residence. This program targets people who have felt the squeeze from increased costs of living and need a little financial help to recover.
Application
To apply for the stimulus, you’ll need to act fast. The Montana Department of Revenue began accepting applications on August 15, 2024. The deadline to submit is October 1, 2024. No extensions will be given to those who miss this deadline, so it’s crucial to start now.
You’ll need to submit form MPTR23, which is available for download on the Montana Department of Revenue’s website. Ensure that you do not use forms from previous years, like MPTR22, as those will not be accepted.
The process is straightforward—fill out the form, provide the necessary information, and submit it either online or via mail. Once submitted, the department will verify your eligibility, and if approved, you should receive your payment in a few weeks.
Eligibility
To be eligible for this rebate, several criteria must be met:
- Homeownership: You must own a home, which could be a single-family residence, apartment, condo, mobile home, or trailer.
- Primary Residence: The home must have been your primary residence for at least seven months in 2023.
- Property Size: Homes that come with up to one acre of surrounding land also qualify.
In addition, taxes for the home must have been paid during the 2023 fiscal year. This rebate program isn’t limited to living homeowners; even taxes paid on behalf of deceased individuals are eligible. If you’re a beneficiary of a revocable trust, you may also qualify under certain conditions.
Criteria
To apply for the rebate, make sure you meet these important conditions:
- Residency: The property must be located within Montana, and it must be your primary residence.
- Ownership Period: You must have owned the property for at least seven months in 2023.
- Property Taxes Paid: You must have paid property taxes for the property during the 2023 fiscal year.
- Social Security Number: A valid Social Security Number is required for verification purposes.
- Geographic Code: Your application will also require the geographic code for your property to confirm it falls within Montana’s boundaries.
This program also extends to the beneficiaries of revocable trusts and those who paid taxes on behalf of deceased individuals.
Act Now
Don’t miss out on this opportunity to claim up to $675 in property tax rebates. With rising costs putting a squeeze on many homeowners, this financial relief could make a big difference. The application window closes soon, so make sure to submit your form before October 1, 2024. It’s a simple process, and the potential payout is well worth the effort.
FAQs
Who qualifies for the $675 stimulus check?
Homeowners who lived in Montana and paid property taxes in 2023 qualify.
How do I apply for the rebate?
Visit the Montana Department of Revenue website and submit form MPTR23.
What is the deadline to apply?
The deadline is October 1, 2024, and no extensions will be granted.
How long does it take to receive the rebate?
Once approved, the rebate takes a few weeks to process.
Can someone claim this rebate on behalf of a deceased homeowner?
Yes, taxes paid for deceased individuals are eligible for the rebate.