If your taxable income is more than |
But not more than |
Your tax is this percent of your taxable incomeĀ |
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 |