This credit was repealed by the 2021 Montana State Legislature. You may not claim this credit after Tax Year 2021.
You may use this form to calculate your college contribution tax credit.
Eligibility
Any individual, corporation, partnership, small business corporation, estate, or trust who pays taxes in Montana
Qualifying Expenditures
Contributions to the general endowment funds of:
- The Montana University System foundations
- Montana private colleges
- Community colleges
- Tribal colleges
- Or one of their foundations
Benefit
10% of the aggregate amount of charitable contributions made by the taxpayer during the tax year, up to a maximum credit of $500.
Carry Over
This credit cannot be carried forward or backward.
Related Laws
- 15-30-2326, MCA
- 15-31-135 through 15-31-136, MCA