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Montana tax help, forms and answers to thousands of Montana tax questions. Handy summary of all Montana taxes, including corporate and individual Montana income taxes, credits, exemptions, deductions and more. Includes Montana estate, gift and inheritance tax, miscellaneous Montana taxes, pass-through entity treatment, payroll taxes, property taxes and Montana sales & use taxes.

Montana ranks #6 on the State Business Tax Climate Index (TaxFoundation.org).

Montana State Tax Summary (TaxGrams ™)
Corporate Taxes
   Rates & Brackets:
      6.75%> $0
   Loss Carry-back/fwd: 3 Years Back / 7 Years Forward (Unlimited)
   Throwback Sales?: Y
   Foreign Tax Deductible?: N
   Alternative Minimum Tax (AMT): N
   Gross Receipts Tax: N
   Capital Stock (Net Worth) Tax?: N

Credits and Incentives
   Job Credits?: Y
   R&D Credits?: Y
   Investment Credits?: Y

Individual Taxes
   Rates & Brackets:
      1%> $0
      2%> $2,600
      3%> $4,600
      4%> $7,000
      5%> $9,500
      6%> $12,200
      6.9%> $15,600
   Local Option IT Rate: None
   Federal Inc used as Base?: Y
   Standard Deductions: Single $3,810 / Joint $7,620
   Personal Exemptions/Credits (c): Single $2,040 / Joint $4,080 / Dependent $2,040
   Federal Tax Deductible?: Limited
   State Tax Deductible?: Y
   Alternative Minimum Tax (AMT)?: N

Inheritance, Gift, Estate, Death Taxes
   Gift Tax?: N
   Estate Tax?: Copies Federal
   Inheritance Tax?: N
   Generation-Skipping Tax?: N

Miscellaneous Taxes
   Gas Tax: 27.8 cents/gallon
   Diesel Tax: 28.6 cents/gallon
   Cigarette Tax: 170.0 cents/20 pack

Pass-through Entities
   LLC Pass-through Recognized?: Y
   S-Corp Pass-through Recognized?: Y

Payroll Taxes
   Unemployment Insurance Tax Index (TaxFoundation.org): #21

Property Taxes
   Median Tax Paid on Homes (Rank): $1,463 (#29)
   Median Value of Homes: $180,300
   Tax as % of Home Value (Rank): 0.81% (#26)
   Median Income of Homeowner: $54,100
   Tax as % of Income (Rank): 2.70% (#23)

Sales and Use Taxes
   State Rate: None
   County & City (Weighted Ave): None
   Combined State and Ave. Local Rates (Rank): None (#47)
   General Treatment of Services: N/A
   Gas Exemption: N/A
   Grocery Exemption: N/A

 
 

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Montana Tax Forms

The most popular Montana individual and business-related income tax forms, worksheets and instructions are available here for you to download. All forms are in Adobe Acrobat PDF format.

http://revenue.mt.gov/revenue/formsandresources/forms.asp

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Montana: Voluntary Disclosure

The Montana Department of Revenue's Voluntary Disclosure Program is designed to help resolve prior tax liabilities. This applies to any tax administered by the Department and to any type of domestic or foreign taxpayer who is subject to tax in Montana.

http://www.revenue.mt.gov/forindividuals/voluntary_disclosure_program/default.mcpx

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