Stimulus update: Direct payment worth $2,500 from Montana rebate being sent through over next 16 days

Stimulus update: Direct payment worth $2,500 from Montana rebate being sent through over next 16 days

December 15, 2023 12:46 PM

The Montana Department of Revenue will conclude its monthslong distribution of an income tax rebate of up to $2,500 to eligible residents in 16 days.

The Treasure State has been sending these income tax rebates, based on an individual’s or couple’s 2021 tax returns, since July and will finish distribution on Dec. 31.

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To be eligible for the rebate, a taxpayer must have been a resident of Montana for the entire 2021 tax year, filed tax returns for 2020 and 2021 on time, not been claimed as a dependent on someone else’s tax forms, and had a figure greater than zero on line 20 of their 2021 return.

Those who qualify for the rebate will get 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 line 20 of their Montana 2021 income tax form, whichever is less.

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Taxpayers who qualify will receive the rebate automatically and do not need to file any additional forms to get the check, according to the state.

“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.”

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