Montana Income Tax Calculator
Calculate your federal & Montana income taxes
Updated for 2023 tax year on Jan 01, 2023
Income tax calculators by state
Montana income tax calculation
Nicknamed the Treasure State, Montana has a rich deposits of minerals such as gold, silver, copper, and lead. Primary sector, such as agriculture and forestry, makes up a huge part of its economy. Its median household income is $64,999 (2021).
Brief summary of Montana state income tax:
- state income tax rate ranges from 1% to 6.75%
- no state-level payroll tax
- has state-level standard deduction and exemptions
From Wikipedia
Calculating your Montana state income tax is similar to the steps we listed on our Federal income tax calculator:
- Determine your filing status
- Work out your adjusted gross income [Gross income − Retirement contributions = Adjusted gross income]
- Calculate your state taxable income [Adjusted gross income − (Standard/Itemized deductions + Exemptions) = State taxable income]
- Figure out your state/local tax liability [State taxable income × State tax rate = State tax liability]
State payroll tax
There is no state-level payroll tax.
State income tax brackets
Refer to Tax Foundation for more details.
| Tax year | Filing status | Taxable income | Rate |
|---|---|---|---|
| 2022 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $3,100 | 1% |
| $3,100 – $5,400 | 2% | ||
| $5,400 – $8,200 | 3% | ||
| $8,200 – $11,100 | 4% | ||
| $11,100 – $14,300 | 5% | ||
| $14,300 – $18,400 | 6% | ||
| $18,400+ | 6.75% | ||
| 2021 2020 |
Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $3,100 | 1% |
| $3,100 – $5,400 | 2% | ||
| $5,400 – $8,200 | 3% | ||
| $8,200 – $11,100 | 4% | ||
| $11,100 – $14,300 | 5% | ||
| $14,300 – $18,400 | 6% | ||
| $18,400+ | 6.9% |
State standard deduction
| Tax year | Filing status | Standard deduction amount | Minimum standard deduction | Maximum standard deduction |
|---|---|---|---|---|
| 2022 | Single Married, Filing Separately |
20% of adjusted gross income | $2,260 | $5,090 |
| Married, Filing Jointly Head of Household |
$4,520 | $10,180 | ||
| 2021 | Single Married, Filing Separately |
20% of adjusted gross income | $2,140 | $4,830 |
| Married, Filing Jointly Head of Household |
$4,280 | $9,660 | ||
| 2020 | Single Married, Filing Separately |
20% of adjusted gross income | $2,130 | $4,790 |
| Married, Filing Jointly Head of Household |
$4,260 | $9,580 |
State exemptions
There is state-level exemptions for all type of filers and dependents. Refer to Tax Foundation for more details.
| Tax year | Filing status | Personal exemption amount |
|---|---|---|
| 2022 | Single Married, Filing Separately Head of Household |
$2,580 |
| Married, Filing Jointly or Widow(er) | $5,160 | |
| Dependent(s) | $2,580 | |
| 2021 | Single Married, Filing Separately Head of Household |
$2,560 |
| Married, Filing Jointly or Widow(er) | $5,120 | |
| Dependent(s) | $2,560 | |
| 2020 | Single Married, Filing Separately Head of Household |
$2,510 |
| Married, Filing Jointly or Widow(er) | $5,020 | |
| Dependent(s) | $2,510 |
FAQs
How do I calculate my Montana income tax?
Calculate your Montana state income tax with the following six steps.
- Determine your filing status
- Gross income − Retirement contributions = Adjusted gross income
- Adjusted gross income − (Standard/Itemized deductions + Exemptions) = State taxable income
- State taxable income × State tax rate = State tax liability
How much is $54000 a year after taxes in Montana?
A single Montanan will have a after-tax income of $42,549.93 and $11,450.07 income tax.