Montana taxes

February 2nd, 2023

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA STATE INFORMATION, SELLERS INFORMATION

Quick Primer On Montana Property Taxes* (aka “real estate taxes”) – Montana Residential Taxation All Montana properties are appraised at market value by the Montana Department of Revenue (DOR) Bozeman’s Mill Value is $143,099 (2022) Mock calculation to determine property taxes in Bozeman, Montana. Let’s calculate a Bozeman property tax using a home that has recently […]

October 20th, 2021

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA STATE INFORMATION, SELLERS INFORMATION

2021 Montana Income Taxes* – Montana Individual Income Tax Reduced† What you need to know about your Montana income tax filing responsibilities According to the State of Montana, an individual’s marital status is used for filing a Montana tax return. Your marital status can affect your requirements for filing, the standard deductions you take, and […]

July 6th, 2021

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA STATE INFORMATION

Information About Montana & Facts Page Montana Income Taxes – Property Tax in Montana – Montana State Taxes – Real Estate Taxes In Montana – Establishing Montana Residency – Montana Rivers – Recreational Opportunities in Montana A Quick Montana History: A vast array of Native Americans were the first inhabitants of Montana, including the larger tribes like the Crows, Kootenai, Cheyenne, Blackfeet, […]

April 15th, 2021

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA STATE INFORMATION

Montana State Taxes 2020 – 2021* Montana State Taxes: Personal Income, Excise, Sales, Property, Corporate, Severance, Inheritance Taxes Montana Personal Income Tax* rate system is made up of seven individual brackets, from 1% to 6.9%. Montana’s top rate, 6.9%, is levied when a person’s income is beyond ~$14,900. In 2020, Montana ranked 26th, in 2019 Montana […]

March 9th, 2021

categories: BUYERS INFORMATION, MARKET NEWS, MONTANA CITIES, MONTANA STATE INFORMATION, SELLERS INFORMATION

Montana Real Estate Transfer Tax* Montana is one of 15 states that does NOT have a real estate transfer tax, but, instead, parties to a Montana real estate transaction must file a Realty Transfer Certificate, required by Montana law. Other states without realty transfer taxes: Alaska, (California†), Idaho, Indiana, Louisiana, Mississippi, Missouri, Kansas, North Dakota, […]