147323
You'll need to sign in or create an account to connect with an expert.
It is how Montana calculates tax. Montana is not taxing all of your income in Montana. What Montana does is pretend that all of your income is taxable in MT, calculates the tax on that amount, and then prorate the amount of tax according to the amount of income you actually earned in Montana. In the tax return review, it appears like all of your income is taxed in Montana, but when you finish the return, you will see that it is not. Only the percentage of your income earned in Montana will actually be taxed.
It is how Montana calculates tax. Montana is not taxing all of your income in Montana. What Montana does is pretend that all of your income is taxable in MT, calculates the tax on that amount, and then prorate the amount of tax according to the amount of income you actually earned in Montana. In the tax return review, it appears like all of your income is taxed in Montana, but when you finish the return, you will see that it is not. Only the percentage of your income earned in Montana will actually be taxed.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
tcondon21
Returning Member
shanesnh
Level 3
NEWIDAD
Level 3
RandlePink
Level 2
in Education
RandlePink
Level 2