Montana taxes all income earned in the state. Income from work, property, and business conducted in Montana is taxable.
Tax Collection and Industry
Montana relies on tobacco, gasoline sales taxes, and income tax for revenue. The economy relies on agriculture, mining, healthcare, forestry, service, energy production. The service industry is the largest employer.
Tax Brackets and Rates
Montana collects income tax from 1% to 6.75% over 7 brackets. High earners pay 6.9% income tax. Income tax can be reduced by Federal deductions.
Property and Sales Tax
Montana has no state sales tax or statewide property tax. Its property taxes are below the national average. However, some areas have resort taxes.
Taxation of Non-Residents
Non-residents must pay taxes on income earned in Montana. Montana has a 30-day nonresident income tax exemption.
Additional Information
Use our calculator to estimate your Montana salary after tax. Parties involved in real estate transactions must file a Realty Transfer Certificate.