Montana Department Of Revenue, Montana Tax

Montana Business Corporate Tax, Montana Personal Income Tax, Montana Sales Tax Rates

What is the Montana corporate net income tax rate?

6.75% with a $50 minimum fee for filing a return.

What are the Montana personal net income tax rates?

0-2,600                1%
2,600-4,600        2%
4,600-7,000        3%
7,000-9,500        4%
9,500-12,200       5%
12,200-15,600      6%
15,600 +                6.9%

What is the average Montana sales tax rate?

No sales tax.

Are there standard deductions?

Single:  $4,010
Joint:  $8,020

Are there personal exemptions?

Single:  $2,140
Dependants:  $2,140

What forms do you file for your Montana taxes?

C corporations:   Form CLT – 4
S corporations:  Form CLT4S
Partnerships:  Form PR-1
Individual:  Form 2, Form 2EZ for non resident

Estimated tax payments?

Form 78 if estimated tax will be more than $500. Montana follows the IRS standards for estimated payments. If you will owe $500 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won’t make as much in the current year. Individual filers file form ESW.

Montana Department of Revenue:

Montana Department of Revenue
Sam W. Mitchell Building
125 N. Roberts, 3rd Floor
Helena , MT 59623
Toll Free: 866-859-2254
Telephone: 406-444-6900
Fax: 406-444-2980
Department of Revenue Website

If you use Northwest Registered Agent as your Montana nonprofits for only $100.