Senior, Veteran and Disability Property Tax Relief in Montana
Property tax exemptions, freezes and credits in Montana for seniors, disabled veterans and people with disabilities.
Short answer: Montana Elderly Homeowner/Renter Income Tax Credit: a refundable credit of up to $1,150, available even to people who do not have to file an income tax return, for individuals 62 and older with combined household income less than $45,000. Montana Dept. of Revenue, Property Tax Help
| Senior exemptions and freezes | Montana Elderly Homeowner/Renter Income Tax Credit: a refundable credit of up to $1,150, available even to people who do not have to file an income tax return, for individuals 62 and older with combined household income less than $45,000. Homeowners on fixed or limited incomes may also qualify for the Property Tax Assistance Program (see tax_relief_programs). |
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| Veteran exemptions | Montana Disabled Veterans (MDV) Program: for veterans rated 100% disabled and unmarried surviving spouses of deceased veterans who were 100% disabled, a reduction of 50, 70, 80 or 100% on the home's market value, depending on home ownership, occupancy, income level and marital status. |
| Disability exemptions | Disabled First Responder (DFR) Program: a reduction of 50, 70, 80 or 100% on the home's market value for qualifying disabled first responders and for unmarried surviving spouses of first responders who died in the line of duty. |
| Other relief (credits, deferrals, circuit breakers) | Property Tax Assistance Program (PTAP): for homeowners on fixed or limited incomes, a property tax rate reduction of 30, 50 or 80% on the first $418,000 of the home's market value, based on home ownership, occupancy, income and marital status. Long-term rentals (tenants renting 28+ days at a time for 7+ months of the year, as the tenant's residence) can also be enrolled for the reduced homestead rates. Long-term rentals: https://revenue.mt.gov/property/property-tax-changes/homesteads-and-long-term-rentals |
More Montana property tax & homestead exemptions
- The Homestead Exemption in Montana
- Appealing Your Property Tax Assessment in Montana
- All Montana property tax & homestead exemptions rules
FAQ
Do seniors get a property tax exemption in Montana?
Montana Elderly Homeowner/Renter Income Tax Credit: a refundable credit of up to $1,150, available even to people who do not have to file an income tax return, for individuals 62 and older with combined household income less than $45,000. Homeowners on fixed or limited incomes may also qualify for the Property Tax Assistance Program (see tax_relief_programs).
Do disabled veterans pay property tax in Montana?
Montana Disabled Veterans (MDV) Program: for veterans rated 100% disabled and unmarried surviving spouses of deceased veterans who were 100% disabled, a reduction of 50, 70, 80 or 100% on the home's market value, depending on home ownership, occupancy, income level and marital status.
Is there a property tax exemption for people with disabilities in Montana?
Disabled First Responder (DFR) Program: a reduction of 50, 70, 80 or 100% on the home's market value for qualifying disabled first responders and for unmarried surviving spouses of first responders who died in the line of duty.
What property tax relief programs does Montana offer?
Property Tax Assistance Program (PTAP): for homeowners on fixed or limited incomes, a property tax rate reduction of 30, 50 or 80% on the first $418,000 of the home's market value, based on home ownership, occupancy, income and marital status. Long-term rentals (tenants renting 28+ days at a time for 7+ months of the year, as the tenant's residence) can also be enrolled for the reduced homestead rates.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.