Insurance for Uninsured Montanans Credit


This credit was repealed by the 2021 Montana State Legislature. You may not claim this credit after Tax Year 2021.

The Insurance for Uninsured Montanans Credit is for businesses paying disability insurance premiums for employees.

Eligibility

Montana employers who

Expenditures

Premiums for disability insurance on behalf of employees if at least 50% of each employees premium is paid by the employer

Benefit

$25 per month for each employee, up to 10 employees maximum. The credit is prorated based on the amount the employer pays if less than 100%, up to 50% of the qualifying costs.

The credit can't be claimed for a period of more than 36 consecutive months or within 10 years of the last consecutive credit claimed.

Carry Over

This credit is nonrefundable and can't be carried forward or backward.

Forms

You may figure this credit using the Health Insurance for Uninsured Montanans Credit (Form HI).

Related Laws

15-31-132 and 15-30-2367, MCA

ARM 42.4.28