Instructions For Form 2m - Individual Income Tax Forms And Instructions (Includes Form 2ec) - 2011 Page 15
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35Instructions for fi ling Montana Form 2M
Page 11
These expenses are the same medical and dental
t
For additional information, please see FAQ
on page 19.
expenses that are allowed under the Internal Revenue
Code with the exception of the following expenses that are
Assemble Your Return
not deductible on line 1:
Please include all Form(s) W-2 and 1099 you received
● Medical insurance and long-term care insurance
with your return. If you forget to send your Form(s) W-2 or
premiums paid in 2011 that are claimed as a deduction
other withholding forms with your return, do not send them
on Form 2M, Schedule I, lines 5 and 6.
separately, or with another copy of your tax return. Wait
until we request them from you.
● Medical expenses paid with funds withdrawn from your
If you are fi ling your return on paper, please assemble your
Montana medical care savings account.
return, without using staples, in the following order:
Lines 2 and 3
Your medical and dental expenses reported on Schedule
I, line 1, should be reduced by 7.5% of your Montana
adjusted gross income. Enter on line 2, the amount that you
reported on Form 2M, line 38. Multiply the amount on line
2 by 7.5% (0.075) and enter the result on Schedule I, line 3.
Line 4 – Deductible Medical and Dental Expenses
Subtract line 3 from line 1 and enter the result on this line,
but do not enter an amount less than zero. This is your
allowable deduction for medical and dental expenses.
Line 5 – Medical Insurance Premiums
If you pay your own medical insurance premiums for
coverage for yourself and your family, you may be eligible
to deduct 100% of these medical insurance premiums.
In addition, the supplemental part of Medicare insurance
File Your Return
(Medicare B) and the premiums you pay for Medicare Part
We encourage you to e-fi le your tax return. To see the
D insurance from your social security benefi ts are 100%
e-fi ling options available to you, please see FAQ
u
on
deductible on this line.
page 19. If you have chosen to fi le your return on paper,
To qualify to deduct 100% of your medical insurance
you will need to mail your return to us.
premiums, you have to meet the following criteria:
If your tax return does not include a payment or shows
● Your premiums have to be paid for health and medical
you are due a refund, please mail your tax return to the
insurance coverage. Your life insurance premiums are
following address:
not deductible.
Montana Department of Revenue
● Your premiums cannot have been paid through a
PO Box 6577
federal or state medical care savings account, such
Helena, MT 59604-6577
as the federal Health Savings Account or the Montana
If you are fi ling a tax return that includes a payment, please
Medical Care Savings Account.
mail your tax return and check to:
● Your premiums cannot have been paid through an
Montana Department of Revenue
employer health benefi t cafeteria plan in which your
PO Box 6308
premium payments are considered “pre-tax” payments
Helena, MT 59604-6308
and therefore not subject to federal or state income tax
withholding, federal social security or federal Medicare
Schedule I – Montana Itemized
payments. If you are unsure whether your medical
Deductions
insurance premiums are covered by a health benefi t
cafeteria plan, you can check with your employer’s
You should use Form 2M, Schedule I, to calculate your
payroll offi ce.
itemized deductions, but remember that your Montana
● Medicare taxes that are withheld from your wages
itemized deductions may be different from your federal
or paid as part of your self-employment tax are not
itemized deductions. There are federal deductions that
deductible on this line.
are not allowed on your Montana tax return and state
deductions that are allowed only on the Montana tax return.
Line 1 – Medical and Dental Expenses
Enter your medical expenses paid in 2011 after you have
deducted from these expenses any payments that you
received from your insurance company or other sources.
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