| Single and Married Filing Separately Ordinary Tax Rates | |||
|---|---|---|---|
| Ordinary Tax Rates | |||
| If your taxable income without long-term capital gains is | But less than | Then your tax rate is | Less |
| $0 | $20,500 | 4.7% | $0 |
| $20,500 or greater | 5.9% | $246 | |
| Long-Term Capital Gains Rates | |||
| For net long-term capital gains above | But less than | The following tax rate applies | |
| $0 | $20,500 minus ordinary income | 3.0% | |
| $20,500 minus ordinary income | 4.1% | ||
| If ordinary income exceeds $20,500 | 4.1% | ||
| Married Filing Jointly and Qualifying Widower | |||
|---|---|---|---|
| Ordinary Tax Rates | |||
| If your taxable income without long-term capital gains is | But less than | Then your tax rate is | Less |
| $0 | $41,000 | 4.7% | $0 |
| $41,000 or greater | 5.9% | $492 | |
| Long-Term Capital Gains Rates | |||
| For net long-term capital gains above | But less than | The following tax rate applies | |
| $0 | $41,000 minus ordinary income | 3.0% | |
| $41,000 minus ordinary income | 4.1% | ||
| If ordinary income exceeds $41,000 | 4.1% | ||
| Head of Household | |||
|---|---|---|---|
| Ordinary Tax Rates | |||
| If your taxable income without long-term capital gains is | But less than | Then your tax rate is | Less |
| $0 | $30,750 | 4.7% | $0 |
| $30,750 or greater | 5.9% | $369 | |
| Long-Term Capital Gains Rates | |||
| For net long-term capital gains above | But less than | The following tax rate applies | |
| $0 | $30,750 minus ordinary income | 3.0% | |
| $30,750 minus ordinary income | 4.1% | ||
| If ordinary income exceeds $30,750 | 4.1% | ||
|
If your taxable income is more than |
But not more than |
Your tax is this percent of your taxable income |
Minus |
|
$0 |
$3,600 |
1% |
$0 |
|
$3,600 |
$6,300 |
2% |
$36 |
|
$6,300 |
$9,700 |
3% |
$99 |
|
$9,700 |
$13,000 |
4% |
$196 |
|
$13,000 |
$16,800 |
5% |
$326 |
|
$16,800 |
$21,600 |
6% |
$494 |
|
$21,600 |
6.75% |
$656 | |
|
Deduction or Exemption Type |
Amount | |
|
Maximum Standard Deduction |
Single |
$5,540 |
|
Married Filing Separately |
$5,540 | |
|
Married Filing Jointly |
$11,080 | |
|
Head of Household |
$11,080 | |
|
Minimum Standard Deduction |
Single |
$2,460 |
|
Married Filing Separately |
$2,460 | |
|
Married Filing Jointly |
$4,920 | |
|
Head of Household |
$4,920 | |
|
Personal Exemption |
$2,960 | |
|
Partial Pension and |
Maximum Exemption |
$5,060 |
|
Federal AGI Phase-out Amount |
$42,140 | |
|
Capital Gains Tax Credit |
2% | |
|
Montana Medical Savings Account Contribution Limit |
$4,500 | |