Montana Single Tax Brackets
Tax Year: 2023 | Due Date: April 15, 2024
The Montana Single filing status tax brackets are shown in the table below. These income tax brackets and rates apply to Montana taxable income earned January 1, 2023 through December 31, 2023.
Tax Bracket | Tax Rate | ||
---|---|---|---|
$0 | to | $3,600 | 1% |
$3,601 | to | $6,300 | 2% |
$6,301 | to | $9,700 | 3% |
$9,701 | to | $13,000 | 4% |
$13,001 | to | $16,800 | 5% |
$16,801 | to | $21,600 | 6% |
$21,601 | to | ∞ | 6.75% |
Residents of Montana are also subject to federal income tax rates, and must generally file a federal income tax return by April 15, 2024. Read the Montana income tax tables for Single filers published inside the Form 2 Instructions booklet for more information.
What is the Montana Single income tax filing status?
There are five filing status available to Montana state taxpayers: Single, Married Filing Jointly, Married Filing Separately, Head of Household, and Qualifying Widow. These five filing status are visible as check boxes on both the IRS Form 1040 and the Montana Form 2.
Single is the filing type you select if you are not married, do not have children, and have no dependants for example. Filing as Single generally results in paying higher federal and Montana state income tax rates compared to the other four filing statuses.
Single status tax payers in most states have a relatively lower standard deduction and fewer family oriented credits available to reduce their income tax liability.
Last updated: October 22, 2023