I am unsure what they are asking me to enter for 2023 Montana Amounts MT Itemized Deductions MT Adjusted Gross Income Negative MT Taxable Income

[AmyC]

What exactly are you seeing and where? The long string does not make sense as it encompasses so many possibilities.

Montana begins with the federal AGI. Montana has completely revamped their tax laws for 2024.

If you itemized on federal, a taxpayer’s deduction is limited to the SALT cap, the adjusted itemized deduction amount on Form 2, line 2 is reduced after considering all state and local taxes, other than state income tax. View more information about reporting the deduction and revised Worksheet.

After January 1, 2024, net operating losses are included in Montana taxable income to the extent they are included in federal taxable income. Taxpayers will no longer recompute the federal NOL for Montana specific additions or deductions.