2021 Montana Tax Tables and Deductions
Individual, Estate, Trust, and Pass-Through Income Tax Rates
| Ordinary Income | Tax Rate | Less |
|---|---|---|
| $0 to $3,100 | 1% | $0 |
| $3,100 to $5,500 | 2% | $31 |
| $5,500 to $8,400 | 3% | $86 |
| $8,400 to $11,400 | 4% | $170 |
| $11,400 to $14,600 | 5% | $284 |
| $14,600 to $18,800 | 6% | $430 |
| $18,800 or greater | 6.9% | $599 |
Individual Deductions and Exemptions
| Filing Status | Maximum Amount |
|---|---|
| Single | $4,830 |
| Married Filing Separately | $4,830 |
| Married Filing Jointly | $9,660 |
| Head of Household | $9,660 |
| Filing Status | Minimum Amount |
|---|---|
| Single | $2,140 |
| Married Filing Separately | $2,140 |
| Married Filing Jointly | $4,280 |
| Head of Household | $4,280 |
| Deduction/Exemption Type | Amount |
|---|---|
| Personal Exemption | $2,580 |
| Partial Pension and Annuity Exemption Max | $4,400 |
| Partial Pension and Annuity Federal AGI phase-out | $36,700 |
| Capital Gains Tax Credit | 2% |
| MSA (Medical Savings Account) contribution | $4,000 |