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Request for Informal Classification and Appraisal Review AB-26 V7 06/2023 15-7-102, MCA Clear Form Submit this request to the Department of Revenue field office address shown on your classification.

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A property's taxable value is the market value multiplied by the tax (or assessment) rate. For residential property, the tax rate is 1.35% and for commercial property, the tax rate is 1.89%. Annual Property Tax Changes - Montana Department of Revenue mtrevenue.gov https://mtrevenue.gov › resources › citizen › annual-pro... mtrevenue.gov https://mtrevenue.gov › resources › citizen › annual-pro...

Montana has relatively low taxes on residential real estate. The state's average effective property tax rate is 0.74%, well below the U.S. average, which currently stands at 0.99%. In part, rates in Montana are low because the system is structured to reduce the burden on homeowners.

Property Tax Rebate Amount Each rebate is $675 or an amount not to exceed the property taxes on a principal Montana residence for each year. For example, if a taxpayer owes $425 in property taxes on a principal Montana residence in 2022, he or she would receive a $425 rebate.

The Property Tax Rebate is a rebate of up to $675 per year of property taxes paid on a principal residence. There is a rebate available for property taxes paid for Tax Year 2022 and another rebate available for property taxes paid for Tax Year 2023. Property Tax Rebate - Montana Department of Revenue mtrevenue.gov https://mtrevenue.gov › property-tax-rebate-house-bill-222 mtrevenue.gov https://mtrevenue.gov › property-tax-rebate-house-bill-222

Montana has a graduated individual income tax, with rates ranging from 1.00 percent to 6.75 percent. Montana has a 6.75 percent corporate income tax rate. Montana does not have a state sales tax and does not levy local sales taxes. Montana's tax system ranks 5th overall on our 2023 State Business Tax Climate Index.

Now, Montana homeowners are eligible for property tax relief for the first $350,000 of their home's market value. The bill also reformed the programs to increase income limits and automatically adjust them for inflation after each reappraisal cycle.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232