Montana rebate: $2,500 direct payment sent in 13 days
Montana Department of Revenue to Distribute Income Tax Rebates
In just 13 days, the Montana Department of Revenue will complete its distribution of income tax rebates to eligible residents in the state. This exciting initiative aims to put money back into the pockets of hardworking Montanans.
Eligibility and Distribution
The income tax rebates, based on 2021 tax returns, have been steadily reaching eligible taxpayers since July. The distribution will come to an end on December 31, so time is running out to claim your rebate.
To qualify for the rebate, you must meet certain criteria:
- Reside in Montana for the entire 2021 tax year
- File tax returns for both 2020 and 2021 on time
- Not be claimed as a dependent on someone else’s tax forms
- Have a figure greater than zero on line 20 of the Montana 2021 income tax form
The rebate offers up to $2,500 for married joint filers and up to $1,250 for individual filers. The exact amount you receive will be determined by your filing status or the amount on line 20 of your 2021 return, whichever is less.
Returning Money to Montanans
“Montanans overpaid their taxes, and we’re giving it back,” exclaimed Governor Greg Gianforte (R-MT). He expressed his excitement about putting this money back where it belongs - in the pockets of hardworking Montanans.
The state Department of Revenue has made the process simple. If you qualify for the rebate, you will receive it automatically. No additional forms need to be filed.
Don’t miss out on this opportunity to receive a tax rebate. Act now and ensure you get the money you deserve!
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