Find more information about your Montana state income taxes below. Check your filing status and refund for any state.
Where’s My Montana State Tax Refund?
The Montana State Department of Revenue is where you can find your MT tax refund status. Check the status of your Montana tax refund using these resources.
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State: MontanaRefund Website: Montana Department of RevenueGeneral Tax Information: 1-406-444-6900 (Customer Service)Hours: Monday through Thursday, 8 a.m. to 5 p.m.; Friday 9 a.m. to 5 p.m. MSTTax Support Email: Contact Montana Department of Revenue2023 State Tax Filing Deadline: April 15, 2024
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Note: Please wait at least eight weeks before checking the status of your Montana tax refund.
Montana Income Tax Brackets
Montana’s income tax brackets remain the same regardless of the tax filing status. For Single Filers, Married Filing Separately, Married Filing Jointly, and Heads of Household, the tax rates look like this:
Taxable IncomeTax Percentage $0+1% $3,600+2% $6,300+3% $9,700+4% $13,000+5% $16,800+6% $21,600+6.75%
Montana taxable income
When it comes to taxable income, Montana handles it differently than the federal government. For example, security income, federal bond interest, unemployment compensation, and military earnings are not taxable forms of income in Montana, but they are taxable on a federal return.
Montana tax deductions and credits
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To counteract the state income tax, Montana offers its residents many tax deductions, including a few not applicable on a federal return. A deduction for federal income tax payments, for instance, is deductible up to $1,940 for single filers and those married filing separately. A married couple filing a joint return can deduct up to $3,880.
If you do not itemize deductions, you can claim the standard deduction, which is equal to 20% of your adjusted gross income (AGI). However, there is a minimum and maximum amount you can claim as a standard deduction.:
- Married couples filing jointly or head of household: $4,920 minimum, $11,080 maximum
- Single or married filing separately: $2,460 minimum, $5,540 maximum
For Montana taxpayers who claimed the Earned Income Tax Credit (EITC) on their federal tax return, they can claim 3% of the credit on their state income tax return. This refundable tax credit allows the state to refund the difference if the credit exceeds their state tax liability.
Montana also offers a tax credit for elderly homeowners and renters aged 62 and older. This refundable credit can be worth up to $1,150 for those who rent or own a home in Montana for a minimum of six months. To qualify, the individual must have lived in the state for at least nine months of the tax year and their household income should not exceed $45,000. Even if you do not have any income to report and don’t need to file an income tax return, it’s a good idea for those 62 and older to file anyway to take advantage of this refundable tax credit.
Where’s My State Refund? Check Your Filing Status in Every State.
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