Montana Paycheck Calculator

Calculate your take-home pay after federal & Montana taxes

Updated for 2024 tax year on Feb 14, 2024

What was updated? 2024 federal income tax, FICA & standard deduction

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Paycheck calculator for Montana

Overview of Montana

Montana has a population of over 1 million (2019). It is nicknamed the Treasure State due to its rich deposits of minerals, including gold, silver, copper, lead, zinc, coal, and oil. The median household income is $53,386 (2017).

Brief summary:

  • the income tax rate ranges from 1% to 6.75%
  • no state-level payroll tax
  • has standard deduction and exemptions
Montana United States

Understanding your Montana paycheck

Understanding your Montana paycheck is vital for managing your finances. Your paycheck is affected by federal and state tax laws and various pre-tax and post-tax deductions. In this article, we’ll break down the critical components of a Montana paycheck.

Your Montana paycheck will have federal income taxes withheld based on the Internal Revenue Service (IRS) guidelines. The amount of federal tax withheld depends on your income, filing status, and allowances claimed on your Form W-4. In addition, you’ll also pay Social Security and Medicare taxes. These FICA taxes are split between you and your employer.

For self-employed, you will pay the full amount of FICA tax. This is known as the Self-Employment Contributions Act (SECA) tax.

When starting a new job, you must complete a Form W-4 to indicate your tax withholding preferences. Your employer will use this information to determine the correct federal income tax withholdings from your paycheck. Your pay frequency (weekly, biweekly, or monthly) will also impact the amount of tax withheld.

Your marital status affects your tax bracket and the taxes withheld from your paycheck. Married individuals filing jointly typically enjoy lower tax rates than single filers. Pre-tax deductions can also reduce your taxable income and lower your overall tax liability.

Montana levies a state income tax with rates ranging from 1% to 6.9%. This tax is withheld from your paycheck in addition to federal income taxes.

Montana has a state standard deduction, less than the federal amount. The state also allows the claiming of personal exemptions to reduce your tax liability.

After all applicable taxes have been withheld, post-tax deductions are taken from your paycheck. These deductions include contributions to Roth retirement accounts, life insurance premiums, or wage garnishments for debts or child support. Because these deductions are taken after taxes, they do not reduce your taxable income.

Calculate your Montana paycheck

Calculating your Montana state income tax is similar to the steps we listed on our Federal paycheck calculator:

  1. Determine your gross income
    • Annual salary
      Annual salary = Gross income
    • Hourly wage
      Hourly wage × Hours worked per day × Days worked per week × Weeks worked per year = Your weekly paycheck
  2. Work out your total federal income tax
    1. Gross income adjusted
      Gross income − Pre-tax deductions = Gross income adjusted
    2. Federal taxable income
      Gross income adjusted − Federal standard/itemized deductions = Federal taxable income
    3. Federal income tax liability
      Federal taxable income × Federal income tax rate = Federal income tax liability
    4. Federal payroll tax liability
      Gross income adjusted × Federal payroll tax rate = Federal payroll tax liability
  3. Calculate your total Montana state income tax
    1. State taxable income
      Gross income adjusted − (State standard/itemized deductions + State exemptions) = State taxable income
    2. State income tax liability
      State taxable income × State income tax rate = State income tax liability
  4. Figure out your net pay
    Gross income − (Total income tax liability + Total payroll tax liability + Total pre-tax deductions + Total post-tax deductions + Total withholdings) = Your net pay
  5. Divide your net pay by your pay frequency
    • Daily
      Your net pay / Days worked per week / Weeks worked per year = Your daily paycheck
    • Weekly
      Your net pay / 52 = Your weekly paycheck
    • Bi-weekly
      Your net pay / 26 = Your bi-weekly paycheck
    • Semi-monthly
      Your net pay / 24 = Your semi-monthly paycheck
    • Monthly
      Your net pay / 12 = Your monthly paycheck
    • Quarterly
      Your net pay / 4 = Your quarterly paycheck
    • Semi-annual
      Your net pay / 2 = Your semi-annual paycheck
    • Annual
      Your net pay = Your annual paycheck

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
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 are state-level exemptions for all types 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

FAQs

What taxes do Montanans pay?

The only state-level tax is the income tax rate which ranges from 1% to 6.75%.

How much do you make after taxes in Montana?

If you are single and earn $54,000 annually, your take-home pay will be $42,734.50 after taxes.
A married couple with a combined income of $108,000 will get $84,866 after taxes.

How much taxes are deducted from a $54,000 paycheck in Montana?

The total taxes deducted for a single filer are $938.79 monthly or $433.28 bi-weekly.