Montana Paycheck Calculator

Calculate your take-home pay after federal & Montana taxes

Updated for 2023 tax year on Sep 19, 2023

What was updated? 2023 federal income tax, state income tax, standard deduction & exemption

Calculation not correct? Request new features?

Paycheck calculators by state

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC

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

From Wikipedia

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

Montana tax year starts from July 01 the year before to June 30 the current year. So the tax year 2022 will start from July 01 2021 to June 30 2022.

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

  1. figure out your filing status
  2. work out your adjusted gross income [Net income – Adjustments = Adjusted gross income]
  3. calculate your taxable income [Adjusted gross income – (Standard/Itemized deductions + Exemptions) = Taxable income]
  4. understand your income tax liability [Taxable income × Income tax rate = Income tax liability]
  5. minus any tax liability, deductions, withholdings [Net income – (Income tax liability + Pre-tax deductions + Post-tax deductions + Withholdings) = Your 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.