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  • 2016 Montana Form Cit - Revenue Mt

Get 2016 Montana Form Cit - Revenue Mt

2016 Montana Form CIT Corporate Income Tax Booklet M O N TA N A D E PA R T M E N T O F R E V E N U E Its Easy to File and Pay Electronically! Check out Online Services at revenue.mt.gov. Toll Free.

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Montana, unlike some other states, does not have a “franchise tax” or “privilege tax” just for doing business in the state. That means that unless you have a true corporation, the corporation as an entity will not be taxed. Multistate businesses may be subject to additional taxes.

Domestic corporations (corporations organized in Montana) and foreign corporations (corporations organized in a state other than Montana) are subject to a Corporation License (Income) Tax. The tax rate is 6.75 percent of taxable net Montana income. There's a minimum tax of $50.

This tax is administered by the Federal Insurance Contributions Act (FICA), and covers Social Security, Medicare and other benefits. The current self-employment tax rate is 15.3 percent. You'll be able to deduct some of your business expenses from your income when calculating how much self-employment tax you owe.

Montana Individual Income Tax Return (Form 2) - Montana Department of Revenue. Information is now available for the 2023 Montana Individual Income Tax and Property Tax Rebates. Learn More.

Montana has a 6.75 percent corporate income tax rate. Montana does not have a state sales tax and does not levy local sales taxes. Montana's tax system ranks 5th overall on our 2022 State Business Tax Climate Index.

Montana State Tax Refund Status Information. If you are expecting a refund from current or back year returns you can check the status of this refund by calling 406-444-6900.

Montana State Income Tax If your LLC has elected to be taxed as a C-corp, you must pay corporate income tax as well. The standard rate for this is 6.75%.

If you make $70,000 a year living in Montana you will be taxed $11,822. Your average tax rate is 11.67% and your marginal tax rate is 22%. This marginal tax rate means that your immediate additional income will be taxed at this rate.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232