Montana Code 15-6-311. Disabled veteran program
15-6-311. Disabled veteran program. (1) The residential real property of a qualified veteran or a qualified veteran’s spouse is eligible to receive a tax rate reduction as provided in 15-6-302 and this section.
Terms Used In Montana Code 15-6-311
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- Qualified veteran: means a veteran:
(a)who was killed while on active duty or died as a result of a service-connected disability; or
(b)if living:
(i)was honorably discharged from active service in any branch of the armed services; and
(ii)is currently rated 100% disabled or is paid at the 100% disabled rate by the U. See Montana Code 15-6-301
- Qualifying income: means :
(a)the federal adjusted gross income excluding capital and income losses of an applicant and the applicant's spouse as calculated on the Montana income tax return for the prior year;
(b)for assistance under 15-6-311, the federal adjusted gross income excluding capital and income losses of an applicant as calculated on the Montana income tax return for the prior tax year; or
(c)for an applicant who is not required to file a Montana income tax return, the income determined using available income information. See Montana Code 15-6-301
(2)Property qualifying under subsection (1) and owned by a qualified veteran is taxed at the rate provided in 15-6-134 multiplied by a percentage figure based on the applicant’s qualifying income determined from the following table:
| Income | Income | Percentage |
| Single Person | Married Couple | Multiplier |
| Head of Household | ||
| $0 – $45,803 | $0 – $54,963 | 0% |
| $45,804 – $50,384 | $54,964 – $59,544 | 20% |
| $50,385 – $54,963 | $59,545 – $64,124 | 30% |
| $54,964 – $59,554 | $64,125 – $68,705 | 50% |