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April 10, 2024
Question

How is Montana Taxable Income more than the Montana Portion of Federal Income tax?

  • April 10, 2024
  • 1 reply
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The Montana Portion of Federal Income Tax is what I actually earned in Montana

1 reply

April 10, 2024

Your Montana Form 2 begins with you including income and adjustment items from your federal tax return.  Then, state-specific additions (and subtractions) may be required, in which case it's possible that your Montana taxable income reflects what you're seeing.

 

See Montana Additions Schedule in the Montana Form 2 Individual Income Tax Instructions to see what additions might be affecting your return.

 

If this doesn't address your issue, feel free to post back with more information.