Montana Department of Revenue Tax Guidance & Form Instructions

Montana Tax Rates and Deductions — 2021

Official textmtrevenue.gov

2021 Montana Tax Tables and Deductions

Individual, Estate, Trust, and Pass-Through Income Tax Rates

2021 Ordinary Income Tax Rates - Individual, Estate, Trust, and Pass-Through. Rates apply to taxable income.

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

2021 Maximum Standard Deduction Amounts by Filing Status.

# Filing Status

Maximum Amount

Single

$4,830

Married Filing Separately

$4,830

Married Filing Jointly

$9,660

Head of Household

$9,660

2021 Minimum Standard Deduction Amounts by Filing Status.

# Filing Status

Minimum Amount

Single

$2,140

Married Filing Separately

$2,140

Married Filing Jointly

$4,280

Head of Household

$4,280

Other exemptions and deductions available for tax year 2021.

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

Source: view the official PDF

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.

Nearby sections (20 sections)
  1. general-sales-tax · Montana General Sales Tax — Guidance
  2. individual-income-tax-filing-options · Montana Individual Income Tax —…
  3. individual-income-tax-filing-requirements · Montana Individual Income…
  4. individual-income-tax-filing-statuses · Montana Individual Income Tax —…
  5. individual-income-tax-overview · Montana Individual Income Tax —…
  6. mineral-royalty-withholding · Montana Mineral Royalty Withholding —…
  7. mineral-royalty-withholding-tax-guide · Montana Mineral Royalty…
  8. montana-tax-tables-and-deductions · Montana Tax Tables and Deductions
  9. oil-and-natural-gas-production · Montana Oil and Natural Gas Production…
  10. pass-through-entity-tax · Montana Pass-Through Entity Tax (PTET) —…
  11. public-contractor-gross-receipts-tax-guide · Montana Business Tax Guide…
  12. publication-4-pte-tax-guide · Montana Publication 4 — Pass-Through…
  13. tax-rates-2021 · Montana Tax Rates and Deductions — 2021
  14. tax-rates-2022 · Montana Tax Rates and Deductions — 2022
  15. tax-rates-2023 · Montana Tax Rates and Deductions — 2023
  16. tax-rates-2024 · Montana Tax Rates and Deductions — 2024
  17. tax-rates-2025 · Montana Tax Rates and Deductions — 2025
  18. we-elect-waters-edge-election-instructions · Montana Form WE-ELECT —…
  19. withholding-form-mw-4 · Montana Form MW-4 — Employee Withholding…
  20. withholding-wage-returns-and-payments · Montana Wage Withholding —…
Full table of contents →