Form 2 - Montana Individual Income Tax Return - 2008 Page 8
Download a blank fillable Form 2 - Montana Individual Income Tax Return - 2008 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 2 - Montana Individual Income Tax Return - 2008 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
3
4
5
6
7
8
9Clear Form
Form 2, Page 8 - 2008
Social Security Number:
Column A (for single,
Column B (for spouse
Schedule VI - Credit for an Income Tax Liability
joint, separate, or
when fi ling separately
Paid to Another State or Country - Full-year Resident Only
head of household)
using fi ling status 3a)
File Schedule VI with your Montana Form 2.
1 Enter your income taxable to another state or country that is included in Montana adjusted
gross income on Form 2, line 40. Where applicable, this includes your share of income taxes
paid that were claimed as a deduction by your S corporation or partnership.
1
1
2 Enter your total income from the other state or country you used in calculating your
income tax paid to that state or country. Include in this total all income exempt from
Montana income tax that was subject to tax in the other state or country.
Indicate state’s abbreviation.
(abr.)
(abr.)
2
2
3 Enter your total Montana adjusted gross income from Form 2, line 40. Where applicable,
this includes your share of income taxes paid that are claimed as a deduction by your
S corporation or partnership.
3
3
4 Enter your total income tax liability paid to the other state or country.
4
4
5 Enter your Montana tax liability from Form 2, line 48.
5
5
6 Divide line 1 by line 2. Enter the percentage here, but not more than 100%.
6
6
7 Multiply line 4 by line 6 and enter the result here.
7
7
8 Divide line 1 by line 3. Enter the percentage here, but not more than 100%.
8
8
9 Multiply line 5 by line 8 and enter the result here.
9
9
10 Enter here and on Form 2, Schedule V, line 1, the smaller of the amounts
reported on lines 4, 7, or 9 above.
10
10
This is your credit for an income tax paid to another state or country.
Column A (for single,
Column B (for spouse
Schedule VII - Credit for an Income Tax Liability
joint, separate, or
when fi ling separately
Paid to Another State or Country - Part-year Resident Only
head of household)
using fi ling status 3a)
File Schedule VII with your Montana Form 2.
1 Enter your income taxable to another state or country that is included in Montana source
income on Form 2, Schedule IV, line 16, total Montana source income. Where applicable,
this includes your share of income taxes paid that were claimed as a deduction by your
S corporation or partnership.
1
1
2 Enter your total income from the other state or country you used in calculating your
income tax paid to that state or country. Include in this total all income exempt from
Montana income tax that was subject to tax in the other state or country.
Indicate state’s abbreviation.
(abr.)
(abr.)
2
2
3 Enter your total Montana source income from Form 2, Schedule IV, line 16.
Where applicable, this includes the share of income taxes paid that are claimed
as a deduction by your S corporation or partnership.
3
3
4 Enter your total income tax liability paid to the other state or country.
4
4
5 Enter your Montana tax liability from Form 2, line 48a.
5
5
6 Divide line 1 by line 2. Enter the percentage here, but not more than 100%.
6
6
7 Multiply line 4 by line 6 and enter the result here.
7
7
8 Divide line 1 by line 3. Enter the percentage here, but not more than 100%.
8
8
9 Multiply line 5 by line 8 and enter the result here.
9
9
10 Enter here and on Form 2, Schedule V, line 1, the smaller of the amounts
reported on lines 4, 7, or 9 above.
10
10
This is your credit for an income tax paid to another state or country.
You are not entitled to a Montana tax credit for taxes paid to a
•
This is a nonrefundable credit and cannot reduce your Montana
foreign country if you claimed these foreign taxes paid as a foreign
tax liability below zero.
tax credit on your federal income tax return.
•
This is a nonrefundable single year credit. No unused credit
•
If you claim this credit for an income tax paid by your
amount can be carried forward.
S corporation or partnership see the instructions for Form 2,
•
You will need to complete a separate Schedule VI or VII for
Schedule V, line 1 on page 40.
each state or country that you have paid an income tax liability
•
Your credit is limited to an income tax liability paid on income
to. You cannot combine payments on one schedule.
that is also taxed by Montana.
•
If you are a part-year resident, you have to allocate your income
•
Your income taxes paid include excise taxes or franchise taxes
using Form 2, Schedule IV before completing Form 2, Schedule
that are imposed on and measured by the net income of your
VII.
S corporation or partnership.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial