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Homeowners and Renters: Don't Miss This Tax Credit
Retirement doesn’t necessarily mean the end of tax benefits for older Montanans, even if they don’t have to file a tax return.
Residents with household income of $45,000 or less can receive up to $1,150 through the Montana Elderly Homeowner/Renter Credit. They must have been 62 or older in 2022 and lived in the state at least nine months, renting, owning or leasing for at least six of those months.
“It’s extremely important to make sure that any tax credits or refunds are not overlooked,” says AARP Montana State Director Tim Summers. “To someone on a fixed income, every dollar counts.”
Find information on claiming the credit at mtrevenue.gov and then search for “homeowner/renter credit,” or contact AARP Foundation Tax-Aide at aarp.org/findtaxhelp.
Be sure not to miss out on property tax relief programs for which you might be eligible: check programs and eligibility with the Montana Department of Revenue here >>
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