Montana Tax FAQs

• taxmOuth Montana Tax FAQs

Montana Tax Forms

• taxmOuth Montana Tax Forms

Montana Corporate Taxes

• taxmOuth Montana Corporate Taxes
• Montana Tax Rates & Brackets:
  
  6.25%> $0
  
• Loss Carry-back/fwd: 2 Years Back / 20 Years Forward (Unlimited)
• Throwback Sales?: Y
• Foreign Tax Deductible?: Y
• Alternative Minimum Tax (AMT): N
• Gross Receipts Tax: N
• Capital Stock (Net Worth) Tax?: 0.030% (unlimited)

Montana Tax Incentives and Credits

• taxmOuth Montana Tax Credits
• Job Credits?: N
• R&D Credits?: Y
• Investment Credits?: Y

Montana Individual Income Taxes

• taxmOuth Montana Individual Income Taxes
• Montana tax rates and brackets:
  
  1.5%> $0
  2%> $1,000
  2.5%> $2,000
  3%> $3,000
  3.5%> $4,000
  4%> $5,000
  4.5%> $6,000
  5%> $7,000
  5.5%> $8,000
  6%> $9,000
  
• Local Option IT Rate: 0.12%
• Federal Inc used as Base?: Y
• Standard Deductions: Single $5,450 / Joint $10,900
• Personal Exemptions/Credits (c): Single $2,100 / Joint $4,200 / Dependent $1,200
• Federal Tax Deductible?: Limited
• State Tax Deductible?: Y
• Alternative Minimum Tax (AMT)?: N

Montana Estate, Gift and Inheritance Taxes

• taxmOuth Montana Estate and Gift Taxes
• Gift Tax?: N
• Estate Tax?: Copies Federal
• Inheritance Tax?: N
• Generation-Skipping Tax?: N

Montana Miscellaneous Taxes

• taxmOuth Montana Miscellaneous Taxes
• Gas Tax: 17.6 cents/gallon
• Diesel Tax: 17.6 cents/gallon
• Cigarette Tax: 17.0 cents/20 pack

Montana Pass-through Tax Treatment

• taxmOuth Montana Pass-through Entity Tax
• LLC Pass-through Recognized?: Y
• S-Corp Pass-through Recognized?: Y

Montana Payroll Taxes

• taxmOuth Montana Payroll Taxes
• Unemployment Insurance Tax Index (TaxFoundation.org): #7

Montana Property Taxes

• taxmOuth Montana Property Taxes
• Median Tax Paid on Homes (Rank): $1,236 (#35)
• Median Value of Homes: $141,500
• Tax as % of Home Value (Rank): 0.87% (#23)
• Median Income of Homeowner: $57,486
• Tax as % of Income (Rank): 2.15% (#31)

Montana Sales and Use Taxes

• taxmOuth Montana Sales and Use Taxes
• State Rate: 4.23%
• County & City (Weighted Ave): 2.95%
• Combined State and Ave. Local Rates (Rank): 7.18% (#15)
• General Treatment of Services: Exempt
• Gasoline: Exempt
• Groceries: Partial