Montana Sample Letter for Review of Form 1210
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How to fill out Sample Letter For Review Of Form 1210?
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FAQ
For Montanans who turned 62 or older in 2021, the Elderly Homeowner/Renter Tax Credit can bring up to $1,000.
The property tax rebates, up to $675 per homeowner, were authorized by this year's Montana Legislature and Gov. Greg Gianforte, a Republican. Lawmakers, who also authorized a similar round of rebates for next year, allocated about $350 million from the state's budget surplus to pay for both years of the program.
Property Tax Assistance Program (PTAP) will reduce your tax obligation if you meet the following income guidelines: $24,607 or less for a single person or $32,810 or less for a married couple (2021 FAGI).
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%.
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%.
Taxpayers must have owned and lived in a home in Montana for at least seven months last year to qualify. They will receive a rebate for their 2022 property taxes on their primary residence, up to a maximum of $675.