subject: Montana State Tax Rate 2010 Online With Montana State Tax Filing [print this page] Montana State Tax Rate Structure Montana State Tax Rate Structure
If your income range is between $0 and $2,600, your tax rate on every dollar of income earned is 1%.
If your income range is between $2,601 and $4,600, your tax rate on every dollar of income earned is 2%.
If your income range is between $4,601 and $7,000, your tax rate on every dollar of income earned is 3%.
If your income range is between $7,001 and $9,500, your tax rate on every dollar of income earned is 4%.
If your income range is between $9,501 and $12,200, your tax rate on every dollar of income earned is 5%.
If your income range is between $12,201 and $15,600, your tax rate on every dollar of income earned is 6%.
If your income range is $15,601 and over, your tax rate on every dollar of income earned is 6.9%.
Montana sales tax is monitored on a monthly basis for proposed changes to the state sales tax rate and when tax rate changes will take effect.
The Montana sales tax rate is currently 0.0%
Montana sales tax currently is zero and is one of only 4 states that do not have a sales tax.
Montana Income Tax Law
The Montana income tax is based on a bracketed system, with different rates applicable to individuals with different salaries.
Montana Standard Deduction
The Montana standard deduction is $1,750.00 for individuals and $3,500.00 for married couples filing jointly. The standard deduction may be chosen instead of filing an itemized deduction, and taxpayers generally choose whichever deduction allows them to pay the least amount of income tax.
Montana Personal Exemptions
Montana's personal income tax exemptions include a single exemption of $2,110.00 and a dependent exemption of $2,400.00. Dependent exemptions can be claimed for children, relatives, or others who live with and are supported by the taxpayer as described Section 152 of the IRC (Internal Revenue Code).
by: John Miller
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