Get 2022 Montana Individual Income Tax Return

The amount of the Montana personal exemption from individual income tax is adjusted annually for inflation ( MCA 15-30-2114(6)) The personal exemption amount is: 2022 tax year: $2,710. 2021 tax year: $2,580. 2020 tax year: $2,560.

The amount of the Montana personal exemption from individual income tax is adjusted annually for inflation ( MCA 15-30-2114(6)) The personal exemption amount is: 2022 tax year: $2,710. 2021 tax year: $2,580. 2020 tax year: $2,560.

2022 income tax brackets and rates Tax RateTaxable Income (Single)Taxable Income (Married Filing Jointly)12%$10,276 to $41,775$20,551 to $83,55022%$41,776 to $89,075$83,551 to $178,15024%$89,076 to $170,050$340,101 to $431,90032%$170,051 to $215,950$340,101 to $431,9003 more rows

ing to Montana Instructions for Form 2, “you must file a Montana Individual Income tax return if your federal gross income meets the threshold and you lived or earned income in Montana during the tax year."

Overview of Montana Taxes Gross Paycheck$3,146Federal Income16.20%$510State Income5.77%$181Local Income0.00%$0FICA and State Insurance Taxes7.65%$24123 more rows

Montana charges state income tax ranging from 1% to 6.75%.

Two Montana property rebates of up to $675 are available to eligible homeowners. One is for property taxes paid for 2022, and the other is for property taxes paid for 2023.

Montana State Income Tax Brackets (All Filers) of your taxable income. $3,300. $5,800. of your taxable income minus $33. $5,800. $8,900. of your taxable income minus $91. $8,900. $12,000. of your taxable income minus $180. $12,000. ... of your taxable income minus $300. $15,400. ... of your taxable income minus $454.