2010 TaxGrams™
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State and Local Taxes
Montana State Tax Summary

Montana state tax summary, 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).

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    taxmOuth Montana Taxes

Montana Tax Contacts

Montana Tax FAQs

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

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

Montana Miscellaneous Taxes

Montana Pass-through Tax Treatment

Montana Payroll Taxes

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

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