The following credits are currently supported for the Montana Tax Return. Please review the credit information to determine if you qualify for the credit.
Elderly Homeowner/Renter Credit
This is a property tax relief program that provides a refundable tax credit of up to $1,150. To qualify, the taxpayer must:
- be age 62 or older
- resided in Montana for more than 9 months during the tax year
- occupied or owned a home in Montana for a total of 6 months during the year
- gross income was less than $45,000 total for entire household
Adoption Credit (Line 27)
Starting with tax year 2022 this credit has been repealed, you can however, still carry forward any unused credit for up to five years.
College Contribution Credit (Line 4)
Starting with tax year 2022 this credit has been repealed.
Elderly Care Credit (Line 9)
Starting with tax year 2022 this credit has been repealed.
Unlocking Public Lands Credit (Line 5)
If you are a landowner and have entered into a contractual agreement with Montana Department of Fish, Wildlife and Parks which provides public access and recreation, you may receive a refundable annual tax credit of $750 per agreement, with the maximum credit amount allowed being $3,000 for the year.
Credit For Taxes Paid To Another State
If you are a full-year resident and you paid income tax to another state or country on income that is also taxable to Montana, you may be entitled to a credit against your Montana income tax liability.
Wages for work performed in North Dakota – If you worked in North Dakota while a resident of Montana, the wages you receive for this work are not taxable by North Dakota under the income tax reciprocity agreement between the two states. Please review our Knowledgebase Article for complete filing instructions for the resident and nonresident returns.
Geothermal System Credit ENRGA (Line 17)
As of tax year 2022, this credit has been repealed. You can still carry forward any unused credit for up to 7 years.
Alternative Energy System Credit ENRGB (Lines 18 and 19)
Non-fossil form of energy: As of tax year 2022 this credit has been repealed. Any balance not used can be carried forward up to 4 years.
Low emission wood or biomass combustion: As of tax year 2022 this credit has been repealed. You can carry forward any credit not used for up to 4 years.
Energy Conservation Installation Credit ENRGC (Line 6)
As of tax year 2022 this credit has been repealed.
Student Scholarship Credit (Line 9)
You can claim a credit against your tax liability for contributions you made to a student scholarship organization. This credit cannot exceed $150. If you are married, your spouse may receive a $150 credit. You are not allowed to take this credit if the contribution was already deducted for the same amount as a charitable contribution.
Innovative Educational Program Credit (Line 8)
You can claim a credit against your tax liability for the donations you made to an Innovation education program. The credit cannot exceed $150. If married, your spouse may receive a $150 credit. You are not allowed to take this credit if the contribution was already deducted for the same amount as a charitable contribution.
Qualified Endowment Credit (Line 4)
You have the ability to claim a credit toward you tax liability for contributions you made to a qualified Montana endowment held by a corporation in Montana or an entity that is tax exempt under USC 501(c) (3) or a trust or bank in Montana that is also tax-exempt. The credit is 40% of the present value of the planned gift made during the year.
Apprenticeship Credit (Line 6)
Available to Montana employers who are registered as a Montana Apprenticeship Program sponsor for any new position hired for on-the-job training. You must submit an application to the Department of Labor to be able to claim the credit. The credit must be claimed on the tax year in the year it is approved.
Program Entry
- State Section
- Edit
- Credits
For more information regarding these Montana credits, please click here.