ND Homeowners Are Eligible for a $500 Property Tax Credit

A valuable property tax credit is available to North Dakota homeowners in 2024 – and it only takes a few minutes to apply.

According to the Office of the North Dakota Tax Commissioner, anyone who owns and occupies a dwelling in North Dakota and uses it as their primary residence is eligible to apply for up to a $500 tax credit. If approved, the credit will be applied against the homeowner’s 2024 property tax obligation.

Applications are being accepted now through March 31st, 2024 at tax.nd.gov/prc.

Here are more details you should know about the tax credit, known as the Primary Residence Credit:

• Applications must be completed and submitted online.

• To be eligible, you must own a home (a house, mobile home, townhome, duplex, or condominium) in North Dakota and reside in it as your primary residence.

• You’ll need your Social Security number and your parcel identification number handy to apply. To find your parcel number, you can refer to your property tax statement, visit your county's website, call your county, or find it online using the County Property Tax Portal.

• There are no age restrictions or income limitations for this credit.

• Only one Primary Residence Credit is available per household.

• If you have been approved for another type of property tax credit (the Homestead or Disabled Veteran’s Property Tax Credit) and still have a balance due, you are still eligible to receive up to a $500 Primary Residence Credit for any remaining property taxes you owe.

Additional Q&A information on this tax credit can be found on the State Tax Commissioner’s website. First International Bank & Trust encourages you to explore this opportunity to save money on your property tax obligations in the new year.