Montana Income Tax Calculator
Estimate your Montana income tax burden
Updated for 2023 tax year on Dec 8, 2023
Income tax calculators by state
Montana state taxes
Quick Montana tax facts
- State income tax: 1% to 6.75%
- State sales tax: None
- Property tax: 0.83%
- Gas tax: 33.01 cents per gallon
- Tobacco tax: $1.70 per pack of 20 cigarettes
- Insurance premium tax: 2.75%
From Wikipedia
Montana income taxes
Montana’s state income tax utilizes a graduated scale, with seven brackets ranging from 1%, up to a top rate of 6.9%.
The state does not have a specific state payroll tax. This can significantly lessen the total tax burden for both employers and employees. Montana is one of the few states that does not impose a local income tax, providing a simpler tax situation for its residents.
Montana state standard deduction aligns with the federal standard deduction. The state also offers personal exemptions.
Calculate your income tax in Montana
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 income tax brackets
Refer to Tax Foundation for more details.
| Tax year | Filing status | Taxable income | Rate |
|---|---|---|---|
| 2023 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 - $3,600 | 1% |
| $3,600 - $6,300 | 2% | ||
| $6,300 - $9,700 | 3% | ||
| $9,700 - $13,000 | 4% | ||
| $13,000 - $16,800 | 5% | ||
| $16,800 - $21,600 | 6% | ||
| $21,600+ | 6.75% | ||
| 2022 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $3,300 | 1% |
| $3,300 - $5,800 | 2% | ||
| $5,800- $8,900 | 3% | ||
| $8,900 - $12,000 | 4% | ||
| $12,000 - $15,400 | 5% | ||
| $15,400 - $19,800 | 6% | ||
| $19,800+ | 6.75% | ||
| 2021 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $3,100 | 1% |
| $3,100 – $5,500 | 2% | ||
| $5,500 - $8,400 | 3% | ||
| $8,400 - $11,400 | 4% | ||
| $11,400 - $14,600 | 5% | ||
| $14,600 - $18,800 | 6% | ||
| $18,800+ | 6.9% | ||
| 2020 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $3,100 | 1% |
| $3,100 – $5,500 | 2% | ||
| $5,500 - $8,400 | 3% | ||
| $8,400 - $11,300 | 4% | ||
| $11,300 - $14,500 | 5% | ||
| $14,500 - $18,700 | 6% | ||
| $18,700+ | 6.9% |
State standard deduction
| Tax year | Filing status | Standard deduction amount | Minimum standard deduction | Maximum standard deduction |
|---|---|---|---|---|
| 2023 | Single Married, Filing Separately |
20% of adjusted gross income | $2,460 | $5,540 |
| Married, Filing Jointly Head of Household |
$4,920 | $11,080 | ||
| 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 |
|---|---|---|
| 2023 | Single Married, Filing Separately Head of Household |
$2,960 |
| Married, Filing Jointly or Widow(er) | $5,920 | |
| Dependent(s) | $2,960 | |
| 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 |
Montana sales tax
Montana stands out as one of the five states in the U.S. that do not collect statewide sales tax.
Montana property tax
In Montana, the property tax rates are comparatively modest, with the average effective rate being approximately 0.83% of the assessed property value.
Montana capital gains tax
In Montana, capital gains are taxed as regular income, aligning with the state’s graduated income tax scale.
Montana gas tax
Montana levies a gas tax of 33.01 cents per gallon.
Montana tobacco tax
The tobacco tax in Montana is $1.70 per pack of 20 cigarettes, among the higher rates nationally.
Montana insurance tax
Montana imposes an insurance premium tax at a rate of 2.75%, applying to gross premiums written.
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 $42,729.70 and $11,270.30 income tax.