Montana Department of Revenue With New Property Tax Assistance Program
The Montana Department of Revenue announces a new property tax assistance program to help residential property owners whose land value is disproportionately higher than the value of their home.
Property owners may qualify for the tax assistance if the department’s appraised market value of their land is more than 150 percent of the department’s appraised market value of their home and other improvements on the land.
To check for qualification, property owners can visit property.mt.gov, select property record card, and search for their property. A highlighted note appears in the value history section of the property record card if the property meets the land value requirement.
For a property owner to qualify, the home must be a primary residence owned by the individual or close family member for at least 30 consecutive years. The land the home is located on must be five acres or less.
For an application form and more information, visit revenue.mt.gov or contact the department’s local office. Property owners should mail completed applications and supporting documentation to their local office by March 1, 2018.
The department will review the applications and notify applicants by mail if they qualify for the assistance for 2018.