Single and Married Filing Separately
Estates, Trusts, and Pass-Through Composite Tax Filers have the same rates below.
2024 Ordinary Income Tax Rates — Single and Married Filing Separately. Rates apply to taxable income without net long-term capital gains.
| Ordinary Income |
Tax Rate |
| First $20,500 of Montana Ordinary Income |
4.7% |
| Montana Ordinary Income exceeding $20,500 |
5.9% |
2024 Net Long-Term Capital Gains Tax Rates — Single and Married Filing Separately. Rates depend on how capital gains compare to Montana Ordinary Income.
| Net Long-Term Capital Gain |
Tax Rate |
| First $20,500 of capital gains minus Montana Ordinary Income |
3.0% |
| Net long-term capital gains exceeding $20,500 minus Montana Ordinary Income |
4.1% |
| Montana Ordinary Income exceeds $20,500 |
4.1% |
Married Filing Jointly and Qualifying Surviving Spouse
2024 Ordinary Income Tax Rates — Married Filing Jointly and Qualifying Surviving Spouse. Rates apply to taxable income without net long-term capital gains.
| Ordinary Income |
Tax Rate |
| First $41,000 of Montana Ordinary Income |
4.7% |
| Montana Ordinary Income exceeding $41,000 |
5.9% |
2024 Net Long-Term Capital Gains Tax Rates — Married Filing Jointly and Qualifying Surviving Spouse. Rates depend on how capital gains compare to Montana Ordinary Income.
| Net Long-Term Capital Gain |
Tax Rate |
| First $41,000 of capital gains minus Montana Ordinary Income |
3.0% |
| Net long-term capital gains exceeding $41,000 minus Montana Ordinary Income |
4.1% |
| Montana Ordinary Income exceeds $41,000 |
4.1% |
Head of Household
2024 Ordinary Income Tax Rates — Head of Household. Rates apply to taxable income without net long-term capital gains.
| Ordinary Income |
Tax Rate |
| First $30,750 of Montana Ordinary Income |
4.7% |
| Montana Ordinary Income exceeding $30,750 |
5.9% |
2024 Net Long-Term Capital Gains Tax Rates — Head of Household. Rates depend on how capital gains compare to Montana Ordinary Income.
| Net Long-Term Capital Gain |
Tax Rate |
| First $30,750 of capital gains minus Montana Ordinary Income |
3.0% |
| Net long-term capital gains exceeding $30,750 minus Montana Ordinary Income |
4.1% |
| Montana Ordinary Income exceeds $30,750 |
4.1% |
Deductions
Montana deductions for tax year 2024.
| Deduction Type |
Amount |
| 65 and over exemption |
$5,500 |
| MSA (Medical Savings Account) contribution |
$4,500 |
