Powder River Examiner -

Tax Tip: Montanans 62 or Over May Qualify for $1,000 Credit

 


It’s time to file your tax returns, and the Montana Department of Revenue has a tip for folks 62 and over: Check if you qualify for the Montana Elderly Homeowner/Renter Tax Credit.

It’s worth up to $1,000, even for those who are not obligated to file a personal income tax return.

To qualify, the senior must: Be 62 or over, Live in a household with less than $45,000 in gross household income, have lived in Montana as an owner or renter at least six months in 2018, and have been a resident of Montana at least nine months of 2018.

Remember, the credit is “refundable,” meaning Monta...



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