Montana

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By the Numbers

Personal Income Tax Features (2015)
Range of Tax Rates 1% - 6.9%
Standard Deduction
  • $1,940-$4,370 ($3,880-$8,740 for Married Couples)
  • Personal Exemption $2,330 (2014)
    Dependent Exemption $2,330 (2014)
    Earned Income Tax Credit (EITC) None
  • Notable capital gains preference
  • Corporate Income Tax Features (2015)
    Range of Tax Rates N/A
    Income Level at Which Top Rate Applies N/A
    Combined Reporting 6.75%
    Apportionment Factor (Payroll) All
    Apportionment Factor (Property) Yes
    Apportionment Factor (Sales) 33%
    Sales Tax Features (2015)
    State Sales Tax Rate N/A
    Average Local Sales Tax Rate N/A
    Average Combined State & Local Sales Tax Rate N/A
    State Sales Tax Treatment of Groceries N/A
    Local Sales Tax Treatment of Groceries N/A
    Number of Services Taxed 18 out of 168 surveyed (2007)
    Streamlined Sales Tax Membership No
  • Taxes consumption of industrial and residential utility use
  • Property Tax Features (2015)
  • Property tax rate is reduced for low-income homeowners.
  • Utilizes split roll system.
  • Other Tax & Revenue Features (2015)
    Gasoline Tax Rate (per gallon) $0.278
    Diesel Tax Rate (per gallon) $0.286
    Cigarette Tax Rate (per pack) $1.70
    Estate or Inheritance Tax No
    Net Lottery Sales Per Capita $45 (2010)
    Tax Policy Oversight
    Tax Expenditure Report Yes
    Tax Incidence Analysis Capability Personal income tax only

    Last updated January 13, 2015


    RESOURCES


    State Tax & Revenue Information

    Tax Expenditure Reports

    State Statutes & Legislation

    State Tax Forms

    State Legislative Summaries
    • None



    ORGANIZATIONS