Montana Form of Note
Description
How to fill out Form Of Note?
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FAQ
Montana's itemized deductions are the same as federal itemized deductions with a few differences: Montana law allows a federal income tax deduction of up to $5,000 (or $10,000 for MFJ). Taxpayers itemizing on the federal return receive the deduction for state income taxes paid.
HOW MUCH DO I QUALIFY FOR? If you were a full-year Montana resident who paid your state taxes on 2020 and 2021 income on time, you should receive a rebate of up to $1,250 for your 2021 taxes. If you meet those requirements but paid less than $1,250 in 2021, you should have your entire payment refunded.
Montana Individual Income Tax Return (Form 2) - Montana Department of Revenue.
Montana homeowners will be eligible for a second property tax rebate up to $675 in 2024 for property taxes paid on a principal residence for 2023. Last November, the governor proposed $2,000 in property tax rebates for Montana homeowners at their primary residence in his Budget for Montana Families.
Individual Income Tax Rebate Amount For those whose filing status was single, head of household, or married filing separately, the rebate will be either $1,250 or the line 20 amount, whichever is less. Married filing jointly taxpayers' rebates will be $2,500 or the line 20 amount, whichever is less.