Form 2a - Fillable 2004 Page 3
Download a blank fillable Form 2a - Fillable 2004 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 2a - Fillable 2004 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3FORM 2A
MONTANA
Credit for a Tax Liability Paid to Another State or Country
Page 3 2004
Last Name and Initial
Social Security Number
Instructions. You may claim a credit for an income tax liability paid to another state or country by yourself, an S. corporation or a
partnership. If you claim this credit for a tax liability paid to another state or country by an S. corporation or a partnership, you must add
back to income on Form 2, line 23 your share of the entity’s deduction for income tax paid, whether separately or non-separately stated
on your Federal K-1.
Please note:
The credit is limited to an income tax liability paid on income that is also taxed by Montana.
Income taxes include excise taxes or franchise taxes that are imposed on and measured by the net income for an S. corporation or
partnership.
This credit is nonrefundable and can not reduce your Montana tax liability below zero.
Unused credits can not be carried over.
Separate computations must be made for each state or country.
A part-year resident must allocate income using Form 2A, page 2, Schedule III when calculating this credit.
Schedule V - Full year Resident-Credit Allowed for an Income Tax Liability Paid to Another State or Country.
Attach Copy of Out-of-State Return
Column A
Column B
(For spouse
1.
Income from other state or country included in Montana adjusted
(For joint,
when filing separate,
separate or single)
and box 3 is checked)
gross income. This includes where applicable, the share of income
taxes paid which are claimed as a deduction by an S. corporation
or a partnership. ...................................................................................
1.
2.
Total income from other state or country used in calculating the income
tax paid to the other state or country. Include income exempt from
Montana income tax. ............................................................................
2.
3.
Total Montana adjusted gross income from Form 2. This includes
where applicable, the share of income taxes paid which are claimed
as a deduction by an S. corporation or a partnership. ........................
3.
4.
Total income tax liability paid to other state or country .......................
4.
5.
Montana tax liability from Form 2, line 43 ............................................
5.
6.
Line 1 divided by line 2, but not greater than 100% ............................
6.
%
%
7.
Line 4 multiplied by line 6 .....................................................................
7.
%
%
8.
Line 1 divided by line 3, but not greater than 100%. ...........................
8.
9.
Line 5 multiplied by line 8. ....................................................................
9.
10.
The allowable credit is the lower of lines 4, 7, or 9.
Enter here and on Form 2A, Schedule II .............................................
10.
Schedule VI — Part/year Residents-Credit Allowed For an Income Tax Liability Paid To Another State or Country
Attach Copy of Out-of-State Return
Column A
Column B
(For spouse
Income from other state or country included in Montana adjusted
1.
(For joint,
when filing separate,
gross income and reported on Form 2A, Schedule III, line 124.
separate or single)
and box 3 is checked)
This includes where applicable, the share of income taxes paid which
1.
are claimed as a deduction by an S. corporation or a partnership .......
Total income from other state or country used in calculating the income
2.
tax paid to the other state or country. Include income exempt from
2.
Montana income tax ..............................................................................
Total Montana income from Form 2A, Schedule III, line 124. This
3.
includes where applicable, the share of income taxes paid which are
3.
claimed as a deduction by an S. corporation or a partnership .............
4.
Total income tax liability paid to other state or country .......................
4.
5.
Montana tax liability from Form 2, line 43 ............................................
5.
%
%
6.
Line 1 divided by line 2, but not greater than 100% ............................
6.
7.
Line 4 multiplied by line 6 .....................................................................
7.
Line 1 divided by line 3, but not greater than 100% ............................
8.
%
%
8.
9.
Line 5 multiplied by line 8 .....................................................................
9.
The allowable credit is the lower of lines 4, 7, or 9.
10.
10.
Enter here and on Form 2A, Schedule II .............................................
When you file your Montana income tax return electronically you represent that you have retained all
documents required as a tax record and that you will provide a copy to the department upon request.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial