Montana Department of Revenue Offers Relief Through Property Tax Assistance Program (PTAP)
Navigating Property Tax Strain: Guidelines and Adjustments for PTAP Applicants
According to NonStop LOCAL Billings Montanans dealing with big property tax bills can get help from the Property Tax Assistance Program (PTAP) by the Montana Department of Revenue. This program aims to ease the burden on people with low incomes. Every year about 500 to 1000 folks apply for it. To qualify you need to own and live in your main home for at least seven months of the year. There are specific income limits which were recently adjusted because property values are going up a lot.
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PTAP Director Bryce Kaatz Urges Prompt Application Ahead of April 15 Deadline
Bryce Kaatz who’s in charge of the Property Assessment Division says PTAP is vital especially now when property values are rising fast. They’ve changed some rules to help more people like raising the income limits and allowing homes worth up to $350,000 to qualify. These changes show they understand how things are changing and want to help homeowners better. Kaatz says it’s important for people to know about these changes and to apply before April 15. But if you miss that date you can still apply for the next year. Montana residents are encouraged to use PTAP before the deadline to ease the pressure of high property taxes. This program is a lifeline for those facing financial challenges especially with housing costs going up. Even if you miss the deadline you can still apply for the next year. It’s a chance for homeowners to get some help and keep their homes stable in these changing times.
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