North Dakota homeowners can save $500 with tax credit

FARGO — For the second year, most North Dakota homeowners have the chance to save $500 on their taxes.

The primary residence tax credit returns after being passed in 2023 legislation.

Tax Commissioner Brian Kroshus says last season, more than 90% of people who were eligible to apply sent in their application and saved a combined total of nearly $70 million dollars.

The North Dakota Tax Commission is hoping for an even higher application rate this season.

The commission has been working with lawmakers to add individuals with homes in a trust. Because of language in the bill, they didn’t qualify in 2023.

Kroshus said those residents now will be eligible for credit from last year, as well.

“So far, we’ve received over 35,000 applications already in just a couple of weeks. And to put that into perspective, last year, we received 135,000 applications in total, but we’re already at the 35,000 mark, and last year, we didn’t open until Jan. 1. This year, we decided to pull the trigger just a little bit earlier,” he said.

For questions about eligibility or the application process, you can call the commission toll-free at (877) 649-0112.

You can apply for the tax credit

on their website

.