The table below shows the tax bracket/rate for each income level: 2025 Federal Tax Brackets. Source: The College Investor The standard deduction has also increased for 2025, due to inflation ...

Many middle-class families in Montana may have income that falls into the highest Montana income tax bracket since that bracket applies to taxpayers with taxable income over $19,800. The highest ...

Montana’s congressional delegation may get some financial benefit from the Republican tax reform bill passed Wednesday, although caps on state tax deductions erode the gains. A look at tax ...

Major Income Tax Cut Heads to Montana Governor’s Desk A major income ... scales back the state’s top-bracket tax rate over the next two years while extending a lower-bracket rate to higher ...

Kameleon007 / Getty Images As a taxpayer, total income determines ... What remains is subject to tax as determined by federal tax brackets and IRS tax tables. Most states do not tax Social ...

The Montana Legislature ... Democrat-backed property tax relief bill and Gov. Greg Gianforte’s priority income tax and property tax bills. The committee voted to table these bills, meaning ...

Greg Gianforte touted his proposal to reduce Montana’s primary income tax bracket by a full percentage point, down from 5.9% to 4.9%. The Republican governor also re-upped his pitch to lower ...

An income tax cut proposal from Montana’s Speaker of the House has ... It changes up income brackets so that most single filers would only pay 4.7% income tax on their first $47,500 of income ...

Under current Montana income tax laws, there are two tax brackets for regular income — a 4.7% bracket and a 5.9% bracket — which splits at $21,100 for single filers and $42,200 for joint filers.

Below is a table that outlines the new income thresholds for each tax bracket for 2025, incorporating an approximately 2.8 percent increase to account for inflation. A table of the 2025 tax ...