turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Does Montana tax all of your income, not just that generated there? TurboTax indicates it does.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
IreneS
Intuit Alumni

Does Montana tax all of your income, not just that generated there? TurboTax indicates it does.

Are you filing as a full-year resident, part-year resident or nonresident?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Does Montana tax all of your income, not just that generated there? TurboTax indicates it does.

part-year
IreneS
Intuit Alumni

Does Montana tax all of your income, not just that generated there? TurboTax indicates it does.

No -- For part-year residents, Montana taxes only Montana source income: 

If you are a part-year resident, your Montana source income includes all the income your received during the part of the year you were a Montana resident, no matter where you earned it. 

Montana Income Tax Instructions 2018


To allocate your Montana source income, please follow these steps:
  1. Go back into your Montana return.
  2. As you go through the Montana interview, you will reach the screen Montana Taxable Income.  This starts the section  that will help you separate your Montana related income from your total income reported on your federal return.
  3. On the next several screens, Montana Portion of Income, the Federal amount of income from different sources will be listed.  Enter the Montana portion in the boxes provided.
  4. Continue through the screens, entering the requested information.
  5. MT tax will be calculated on the MT source income you entered.  You will see a breakdown on the screen, Your Montana Tax Return Summary.






**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question