Montana Tax Credits: What’s Still Available in 2025?

Many of Montana’s tax credits have expired, but there are still key opportunities for taxpayers to save money—especially seniors and those on fixed incomes. In this video, tax expert Becky Spencer breaks down two essential tax benefits still available:

✅ Elderly Homeowner and Renter Credit – If you’re over 62 and low-income, you could get a significant portion of your property taxes or rent refunded.

✅ Property Tax Assistance Program (PTAP) – A valuable reduction on property taxes, often factoring in little to none of your Social Security income.

Becky also explains the IRMAA (Income-Related Monthly Adjustment Amount) for higher-income taxpayers, a crucial Medicare cost adjustment that could add up to $530 per month in extra premiums. Strategic tax planning can help reduce these costs—not just on your tax bill, but on your overall financial burden.

Watch now to learn how to keep more money in your pocket this tax season!