Get Clear Form 2012 Montana Elderly Homeowner/renter Credit File Alone Or With Your Form 2 Or Form 2m

This guide provides clear and concise instructions on how to successfully fill out the Clear Form 2012 Montana Elderly Homeowner/Renter Credit online. By following the outlined steps, users will be able to navigate through the form with ease and confidence.

Follow the steps to fill out the form effectively.

1. Press the ‘Get Form’ button to access the form. This will allow you to retrieve the Clear Form 2012 for your completion.
2. Begin by entering your first name and initial in the designated fields, followed by your last name.
3. Fill in your Social Security number and indicate whether you are deceased by providing the date of death if applicable.
4. If you are filing jointly, enter your spouse’s first name, initial, and last name along with their Social Security number and date of death, if applicable.
5. Complete Part I by answering the four qualification statements; ensure that you respond 'Yes' to each to qualify for the credit.
6. Move on to Part II and provide your total gross household income on line 1, referencing the Income Source Worksheet for guidance.
7. Follow with the standard exclusion on line 2, and calculate the income reduction on line 3, making sure the result is not less than zero.
8. Consult the Household Income Reduction Table for the multiplier rate to complete line 4.
9. Multiply the result from line 3 by the multiplier from line 4 and enter the net household income on line 5.
10. For Part III, enter the property tax billed for your principal residence on line 6 and the rent paid on line 7.
11. Calculate the 15% rent equivalent on line 8 and add lines 6 and 8 on line 9.
12. On line 10, subtract line 5 from line 9, ensuring it does not go below zero, and enter the result.
13. Enter the lesser amount of line 10 or $1,000 on line 11.
14. Reference the Credit Multiplier Table to find the percentage corresponding to your gross household income and complete line 12.
15. Multiply line 11 by the percentage from line 12 to determine your elderly homeowner/renter credit, recorded on line 13.
16. If applicable, mark the box if you want direct deposit for your refund, providing your bank account details.
17. Sign the form at the bottom, ensuring to include your spouse's signature if filing jointly. If assisted by a preparer, they should also add their information.
18. Review the completed form for accuracy, then proceed to save changes, download, or print the form for submission.

Get started on your application by completing the Clear Form 2012 Montana Elderly Homeowner/Renter Credit online today!