Montana homeowners have a golden opportunity to alleviate the burden of property taxes as the state offers tax rebates of up to $675. The initiative, available through the getmyrebate.mt.gov platform, has been warmly endorsed by Governor Gianforte, who recognizes that “property taxes are too high.”
He and his administration have prioritized and successfully secured immediate property tax relief for Montanans during the recent legislative session. The deadline for filing these claims is October 1, 2023, making it imperative for eligible residents to act promptly.
To qualify for the rebate, taxpayers must meet specific criteria, including having owned and lived in their Montana residence for at least seven months during 2022. The rebate amount is directly tied to the property taxes paid on their primary residence in Montana for the year 2022, with a maximum rebate cap set at $675.
To streamline the process, taxpayers can choose to apply either online or by using a paper form. Opting for the online route is the fastest way to secure the rebate, ensuring quicker relief. Montana Department of Revenue Director Brendan Beatty has underscored the significance of submitting applications well in advance of the October 1 deadline.
He also highlighted the valuable tools accessible on getmyrebate.mt.gov, which assist taxpayers in collecting the necessary information. Applicants will need to provide essential details such as their physical address, geocode, the amount of property taxes paid, as well as the names and social security numbers of the taxpayer and any spouse or dependents.
Montana’s Property Tax Rebates
Taxpayers have the flexibility to choose how they wish to receive their rebate, either through direct deposit or by mail. The department will process claims as they are received, with the objective of distributing rebates to eligible homeowners by December 31, 2023.
Additionally, there’s more good news for Montana homeowners, as they will be eligible for a second property tax rebate of up to $675 in 2024, based on property taxes paid for the 2023 tax year. Governor Gianforte’s commitment to easing the property tax burden was evident when he proposed a $2,000 property tax rebate for Montana homeowners in his Budget for Montana Families last November.
This year’s rebate is a significant step toward realizing that goal, offering immediate relief to homeowners grappling with high property taxes. In an effort to safeguard against fraud, the Montana Department of Revenue (DOR) has announced a change in the distribution method for property tax rebates.
All rebates will now be sent by paper check through the mail. This decision aims to reduce the risk of scams and fraudulent applications. Director Beatty explained, “We expected fraud and already had measures in place to identify fraudulent applications. Sending the rebates by paper check will help us further reduce fraud.”
To minimize the risk of fraud further, officials strongly encourage taxpayers to apply early at GetMyRebate.mt.gov. By doing so, applicants can reduce the likelihood of their information falling into the wrong hands. The application period is currently open and will conclude on October 1, 2023. Don’t miss out on this opportunity to lighten your property tax load; act now and secure your rebate.