Montana’s $675 Homeowner Tax Rebate for May 2025: Eligibility, Payment Details, and What You Should Know

Homeowners across Montana can expect a helpful financial boost this year through the $675 Homeowner Tax Rebate. Designed to offset rising property tax costs, this program offers direct cash relief to qualifying residents who paid property taxes on their primary homes in 2023. If you’re wondering whether you qualify or when you’ll get your check, here’s everything you need to know.

Montana’s $675 Homeowner Tax Rebate for May 2025
Montana’s $675 Homeowner Tax Rebate for May 2025

What Is the $675 Homeowner Tax Rebate?

The $675 Homeowner Tax Rebate provides up to $675 or the total amount of 2023 property taxes paid—whichever is lower. It was introduced as part of House Bill 222 to return a portion of the state’s budget surplus to residents most affected by rising property assessments.

Whether you’re a longtime homeowner or recently bought your first property, this rebate can ease financial pressure in a big way.

Who Qualifies for the Montana Homeowner Rebate?

To be eligible for the 2025 payment, homeowners must meet the following criteria:

  • Residency:
    You must have owned and lived in your Montana home for at least 7 months in 2023.
  • Ownership Type:
    Only individuals can qualify. Homes owned by LLCs, corporations, or irrevocable trusts are not eligible.
  • Primary Residence Requirement:
    The rebate only applies to your main home, not to rental properties or second homes.
  • Property Tax Payment:
    You must have paid all assessed property taxes on your residence for the year 2023.

How Much Will You Receive?

The rebate amount depends on how much you paid in property taxes:

Property Tax PaidRebate Amount
$600$600
$900$675 (maximum)

Even if your tax bill exceeds $675, the rebate is capped at $675 to maintain fairness across households.

Application and Payment Timeline

  • Application Period:
    Applications were accepted from August 15, 2024, through October 1, 2024.
  • How to Apply:
    Applications could be submitted online via Montana’s TransAction Portal or through mailed paper forms.
  • Documents Needed:
    • Property geocode (found on your tax bill)
    • Social Security Number
    • Proof of taxes paid
  • Payment Method:
    All payments are issued via paper checks mailed directly to the applicant’s address—no direct deposit option available.
  • Processing Time:
    • Online applications: processed within 30 days
    • Paper applications: up to 90 days processing time

Real-Life Examples of the Rebate

  • Emily from Missoula:
    Paid $620 in property taxes in 2023 and received the full $620 rebate after applying online.
  • John and Laura from Bozeman:
    Despite paying over $1,000 in taxes, they were ineligible because their home was owned through a family trust.

These examples show the importance of correctly structuring your property ownership if you want to benefit from future programs.

Is the Rebate Taxable?

The rebate is not taxable under Montana state income tax laws. However, if you itemized deductions on your federal tax return, you might need to report it. Always check with a tax advisor for personalized guidance.

Frequently Asked Questions (FAQs)

Q1. Can renters apply for this rebate?
No, only homeowners who paid property taxes are eligible.

Q2. What if I moved during the year?
As long as you lived in the home for at least 7 months in 2023, you still qualify.

Q3. What if multiple people own the home?
Only one rebate per home is allowed, even if co-owned.

Q4. Will this program continue next year?
At present, this rebate is a one-time benefit. Future rebates depend on Montana’s budget and new legislation.

Final Thoughts

Montana’s $675 Homeowner Tax Rebate stands out as a practical, straightforward way to give homeowners financial relief amid rising property taxes. If you qualified and submitted your application on time, your rebate check should already be on its way—or even in your hands.

Even if you missed this year’s deadline, it’s a good idea to stay informed about future programs. Keeping your property ownership simple and up-to-date could make you eligible for similar benefits down the road.

Vivek has 15 years of experience writing about U.S. finance and personal money management. At FinanceInsights.com, he shares clear market updates, investment tips, and practical budgeting advice.

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