Roundup Record Tribune & Winnett Times -

Montana Department of Revenue: Tax Credit Available for Elderly Homeowners, Renters

 

February 5, 2020



HELENA – As income tax filing season begins, the Montana Department of Revenue reminds Montanans 62 and older that they may qualify for the Elderly Homeowner/Renter Tax Credit, worth up to $1,000.For those who qualify, this credit is refundable, so even those who owe no tax at all could receive the credit.

To receive the credit, a senior must have turned at least 62 in 2019; occupied a Montana residence as a renter, owner or lessee for at least six months in 2019; resided in Montana at least nine months in 2019; and have a total income for all household members of $45,000 or less.

Residen...



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