Stimulus update: Direct payment worth $2,500 from Montana rebate being sent through over next 11 days

In 11 days, the Montana Department of Revenue will conclude its distribution of an income tax rebate of up to $2,500 to eligible residents in the state.

The income tax rebates are based on the 2021 tax returns of individual filers or couples. The payments have been to eligible Montana taxpayers since July, with the state finishing its distribution of the checks on Dec. 31.

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A Montana taxpayer must have been a resident of the state 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 the Montana 2021 income tax form to be eligible for the rebate.

The checks going out to eligible taxpayers offer up to $2,500 for married joint filers and up to $1,250 for individual filers. The exact amount an eligible taxpayer will receive is equal to the maximum amount based on their filing status or the amount on line 20 of their 2021 return, whichever figure is less.

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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. “I look forward to getting this money back into Montanans’ pockets where it belongs.”

Taxpayers who qualify will receive the rebate automatically and do not need to file any additional forms to get the payment, according to the Montana Department of Revenue.