Form 2 - Montana Individual Income Tax Return

Column A (for single

Column B (for spouse

Form 2 Page 2 - 2002

Social Security Number

joint, separate, or head

only when filing

separate, and box 3 is

of household)

checked

37. Montana Adjusted Gross Income (From line 36) ..........................................................

37.

Deductions

Check only one

Montana's standard and itemized

}

deductions are different than

38. (A) Standard Deduction:

(A)

federal deductions. See instructions

(B)

Itemized Deductions:

(B)

38.

for this line.

39.

line 38 from 37 and enter balance......................................................................

Subtract

39.

Exemptions (All filers are entitled to at least one exemption)

40. Multiply $1,740 times the number of exemptions on line 5 ...............................................

40.

41. Taxable Income. Subtract line 40 from line 39 ........................................................

41.

Nonresidents and Part-Year Residents complete and attach Schedules III & IV Form 2A, before proceeding

42.

Tax from table below. Non/part year residents enter the amount from line 131, Schedule IV. If

42.

line 41 is less than zero, enter zero here.

43.

43. Tax on lump sum distributions (see instructions for this line).

Attach Federal Form 4972

44.

Subtotal—Add lines 42 & 43.............................................................................Subtotal

45.

45. Credits from Form 2A, line 113, Schedule II .....................................................................

46.

46. Balance—Subtract line 45 from 44 and enter difference

(but not less than zero)

47.

47. Investment credit recapture ...............................................................

Attach Form RIC.

48. For each of the programs below enter any amount you and your spouse want to contribute.

Enter totals in boxes. (see instructions for details)

Nongame Wildlife

Child Abuse

Agriculture in

Program

Prevention

Schools

Enter total amount

in boxes.............

48.

49.

50.

51.

52.

52. Total Tax —Add lines 46, 47, and 48.........................................................................Total

53. Combine amounts shown on line 52 columns A & B.......................................................

53.

54. Montana tax withheld .......................................................

Attach withholding statements

54.

55. Payments of 2002 estimated tax and amounts credited from previous year

55.

56. Payment made with extension ............................................................................

56.

57. Elderly Homeowner/ Renter Credit ........................ Attach Form 2EC and receipts

57.

58. Total of lines 54 thru 57 ............................................................................. Total

58.

59. Combine amounts shown on line 58 columns A & B .......................................................

59.

60. If line 59 is larger than line 53 enter the difference. This is your OVERPAYMENT ...................................

60.

61. Amount on line 60 to be applied to 2003 estimate 61.

62. Enter the amount from line 60 you want refunded to you

(refunds more than $1.00 will be issued)

REFUND.........

62.

Refund Returns: Mail to Dept. of Revenue, PO Box 6577, Helena, MT 59604-6577

If you wish to use direct deposit enter your RTN# and ACCT# below. See instructions on page 6.

Checking

RTN#

ACCT#

Savings

TAX DUE

. If line 53 is larger than line 59 enter TAX DUE (If you owe see instructions for this line) .........................................

63.

Make your check or money order payable and remit with payment coupon to: Dept. of Revenue, PO Box 6308, Helena, MT 59604-6308.

If you chose to pay your tax due by credit card visit our website at and enter your confirmation

NEW

•

number here.______________________________ See instructions on page 6.

Underpayment penalty

64.

See Worksheet VII, Schedule W....

•

Check this box if at least 2/3 of your gross income is from farming.

Late filing penalty-See page 2........

(attach breakdown of computations)

65.

•

66.

Check here if estimated payments were made using the

Late payment penalty-See page 2.

annualization method. (Attach Montana Form EST-P)

67.

Interest 1% (.01) per month...........

•

Check here if you do not need state income tax forms and instructions

68.

Total of lines 63 through 67............

mailed to you next year. Tax forms are also available on the internet.

Extension - Check this box and attach copies of federal

Note:

extension(s) to receive a valid Montana extension.

See Page 2 of instructions for details.

Name, address & telephone number of preparer

May the DOR discuss this return with the preparer

Questions? Please call (406) 444-6900 or TDD (406) 444-2830 for hearing impaired.

shown above?

Yes

Your signature

Date

Daytime Telephone Number

Spouse signature

Date

I declare under penalty of false swearing that the information in this return and attachments is true, correct and complete.

TaxTable

If Taxable Income is:

Over

But not over

Multiply by and Subtract = Tax

Over

But not over

Multiply by and Subtract = Tax

0 ..........

$ 2,200 .... X .... 2 % ........ $

0 ..............

$17,400 .... $21,800 .... X ...... 7 % .............. $

458

$ 2,200 ..........

$ 4,400 .... X .... 3 % ........ $ 22 .............

$21,800 .... $30,500 .... X ...... 8 % .............. $

676

$ 4,400 ..........

$ 8,700 .... X .... 4 % ........ $ 66 .............

$30,500 .... $43,500 .... X ...... 9 % .............. $

981

$ 8,700 ..........

$13,100 .... X .... 5 % ........ $ 153 .............

$43,500 .... $76,200 .... X ...... 10 % .............. $ 1,416

$13,100 ..........

$17,400 .... X .... 6 % ........ $ 284 .............

$76,200 ...................... X ...... 11 % .............. $ 2,178

Example = taxable income $2,400 x 3% (.03) = $72 subtract $22 = $50 tax

Form 2 - Montana Individual Income Tax Return - 2002 Page 2

Related Articles

Related forms

Related Categories