Montana State Income Tax - Tax Year 2012
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Contents
Contents
1.
Montana Income Tax Table
| Tax Bracket (Single) [2] | Tax Bracket (Couple) [3] | Marginal Tax Rate |
| $0+ | $0+ | 1.00% |
| $2,600+ | $2,600+ | 2.00% |
| $4,600+ | $4,600+ | 3.00% |
| $6,900+ | $6,900+ | 4.00% |
| $9,400+ | $9,400+ | 5.00% |
| $12,100+ | $12,100+ | 6.00% |
| $15,600+ | $15,600+ | 6.90% |
Learn how marginal tax brackets work 
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Montana Income Tax Calculator
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The Montana Income Tax
Montana collects a state income tax at a maximum marginal tax rate of 6.90%, spread across seven tax brackets. Unlike the Federal Income Tax, Montana's state income tax does not provide couples filing jointly with expanded income tax brackets. There are a total of sixteen states with higher marginal income tax rates then Montana.
Montana allows some or all of federal income tax paid to be deducted from state taxable income. There are -34 days left until Tax Day, on April 15th 2013.
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Montana Tax Deductions
Income tax deductions are expenses that can be deducted from your gross pre-tax income. Using deductions is an excellent way to reduce your Montana income tax and maximize your refund, so be sure to research deductions that you mey be able to claim on your Federal and Montana tax returns. For details on specific deductions available in Montana, see the list of Montana income tax deductions.
4.1 - Montana Standard Deduction
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The Montana standard deduction is $3,990.00 for individuals and $7,980.00 for married couples filing jointly. The standard deduction may be chosen instead of filing an itemized deduction on your Montana tax return.
4.2 - Montana Personal Exemptions
- Montana's personal income tax exemptions include a personal exemption of $2,130.00. You can deduct one single exemption from your gross income if you are responsible for supporting yourself financially.
4.3 - Montana Dependent Deduction
- Montana has a dependent exemption of $2,130.00. You may claim one dependent examption for each of the children, relatives, or others who live with and are supported by you as described § 152 of the IRC (Internal Revenue Code).
4.4 - Montana Itemized Deductions
- Montana allows itemized deductions, and you can claim the same itemized deductions on your Montana tax return as you do on your Federal tax return. You must choose between itemizing your deductions and choosing the Montana standard deduction, so it's generally only worth itemizing your deductions if your itemized total is more then the Montana and Federal standard deductions. For more details, visit the list of Montana itemized deductions.
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Montana Income Tax Forms
Tax-Rates.org provides easy access to four of the most commonly used Montana income tax forms, in downloadable PDF format. For all of the tax forms we provide, visit our Montana tax forms library or the Department of Revenue 's tax forms page.
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Form 2 - Individual Income Tax ReturnForm 2 is the general individual income tax return form. You may file it by mail or you can efile online for free on the Montana Department of Revenue website.
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Form 2 Instructions - Individual Income Tax Instructional BookletUse this free instructional booklet to help you file your Form 2 tax returns by mail or online via the Montana Department of Revenue's website. This booklet does not include the form.
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Payment Voucher - Payment Voucher and InstructionsIf you are submitting a form for estimated tax, a tax extension, or amended return payments, you need to include this form when sending it to the Montana Department of Revenue.
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Worksheet VII - Estimated Tax Underpayment FormUse this form to calculate and pay any fees or interest due with your estimated income tax return when you pay it in full after the official due date.
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Printable Montana Tax Table & Tax Reference
Tax-Rates.org provides a printable Montana datasheet including an income tax table, a list of Montana tax deductions, important URLs and addresses, and more. This document is in PDF format.
If you are not a resident of Montana, have a complicated tax return, or have other specialized circumstances you may need to download additional tax forms from the Department of Revenue website. You can find all of Montana's 2013 income tax forms on the Department of Revenue income tax forms page 
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How To File Your Montana Income Tax Return
Once you've filled out your Montana income tax return, you have several options for filing and paying your income tax. You can mail your return to the Department of Revenue at the correct address below, and include your payment by check or money order. You may also electronically file your Montana tax return through a tax preparer or using online tax software, and pay your taxes instantly using direct debit or a credit card (an additional credit card fee may apply).
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Where To Send Your Montana Tax Return
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e-Filing: Submit Your Montana Tax Return Online
You can save time and money by electronically filing your Montana income tax directly with the Department of Revenue . Benefits of e-Filing your Montana tax return include instant submission, error checking, and faster refund response times. Most tax preparers can electronically file your return for you, or you can do it yourself using free or paid income tax software, like the examples listed below.
To e-file your Montana and Federal income tax returns, you need a piece of tax software that is certified for eFile by the IRS. While most in-depth tax software charges a fee, there are several free options available through the states, and simple versions are also offered free of charge by most tax software companies.
The two most popular tax software packages are H&R Block At Home, sold by the H&R Block tax preparation company, and TurboTax Federal & State, sold by the Intuit software company. Both companies produce multiple editions for simple to very complex tax returns, so be sure to carefully compare the features offered by each package.
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Getting Your Montana Tax Refund
If your state tax witholdings are greater then the amount of income tax you owe the state of Montana, you will receive an income tax refund check from the government to make up the difference.
It should take one to three weeks for your refund check to be processed after your income tax return is recieved. E-filing your return and filing early can help ensure your refund check gets sent as quickly as possible.
Once you've filed your tax return, all you have to do is wait for your refund to arrive. If you want to check the status of your Montana tax refund, you can visit the Montana Department of Revenue Income Tax Refund page.
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References
- Our state ranking and income tax figures are based on a family of four (married parents with two children) earning the national median household income of $50,000 per year. Deductions and personal exemptions are taken into account, but some state-specific deductions and tax credit programs may not be accounted for.
- Before the official 2013 Montana income tax rates are released, provisional 2013 tax rates are based on Montana's 2012 income tax brackets.
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The 2013 state personal income tax brackets are updated from the Montana Department of Revenue and Tax Foundation data.
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Montana tax forms are sourced from the Montana Department of Revenue income tax forms page, and are updated on a yearly basis. Please make sure the Montana forms you are using are up-to-date.
