Across different parts of America, individuals have experienced financial pressure, but one state is doing everything possible to alleviate the situation and that is, Montana. The state is giving $675 to homeowners. If you happen to have a property in Montana, this is some good news for you since you may qualify. However, time is running out because the application deadline is October 1st 2024.
Who qualifies for the stimulus check
To benefit from this monetary assistance, it is necessary for you to fulfill a number of conditions which include:
- Duration of homeownership: You must have owned your home for a minimum of seven months in 2023. This will ensure that the program targets people who have permanent homes in Montana state.
- Principal residence: The property should be your principal residence, which means it is where you mostly live and where you pay property taxes.
- Tax obligations: You are supposed to have observed your tax duties by paying property debts on your house. It comprises all unique evaluations as well as other collateral expenses.
- Social Security Number: To apply, you will need a legitimate social security number.
- Property geographical code: You will need to provide the geographical code confirming that your property is located within Montana state.
The types of properties that you can own to be eligible to apply include single-family homes, apartments, condominiums, trailers, prefabricated houses and mobile homes (up to one acre of surrounding land).
How much is Montana paying as stimulus check
It’s $675 that you can get as a maximum refund but the actual amount may vary according to the property taxes you paid in the fiscal year 2023. That means, in order for you to maximize your benefits, you must ensure to gather all the documents that is related to your property tax payments.
When is the deadline to apply for the Montana stimulus check
This stimulus check application window has been open since August 15, 2024 and will close on October 1st, 2024. Therefore, if you do not want to miss out on this financial aid, you must submit your application within this timeframe. Additionally, there is no information on the availability of any extensions for this program so ensure to apply before the application closes.
How to apply for the Montana stimulus check
If you want to apply for this financial aid, fill out the 2023 Montana Property Tax Refund Request Form (MPTR23). This form has been available since August 2023. You are not expected to use the 2022 form as it is not accepted. Additionally, you can access helpful resources and tips that have been posted on the website of the Montana Department of Revenue which can help you as you go through your application process.
Who can claim the refund
There are so many kinds of taxpayers who can apply for this refund, including individuals, grantors of grantor trusts, and beneficiaries of revocable living trusts, provided they meet the eligibility criteria required to benefit from this program by the state.
