In 17 days, the Montana Department of Revenue will finish its distribution of an income tax rebate of up to $2,500 to eligible residents.
The income tax rebates being sent out by the Treasure State are based on an individual's or couple's 2021 tax returns. The distribution of these payments to taxpayers began in July and will conclude on Dec. 31.
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The rebate offers up to $2,500 for married joint filers and up to $1,250 for individual filers. The specific amount a Montana taxpayer will receive is equal to the maximum amount based on filing status or the amount on a taxpayer's line 20 of their Montana 2021 income tax form, whichever is less.
To receive a payment from the rebate, taxpayers who qualify will receive the rebate automatically and do not need to file any additional forms to get the check.
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“Montanans overpaid their taxes, and we’re giving it back,” Gov. Greg Gianforte (R-MT) said in a statement about the rebate earlier this year. “I look forward to getting this money back into Montanans’ pockets where it belongs.”
To qualify for the rebate, Montana taxpayers must have been a resident for the entire 2021 tax year, filed tax returns for 2020 and 2021 on time, not been claimed as dependent on someone else's tax forms, and had a figure greater than zero on line 20 of their 2021 return.
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Stimulus update: Direct payment worth $2500 from Montana rebate being sent through next 17 days - Washington Examiner
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