|
06-25-2007, 03:17 PM
|
|
Junior Member
|
|
Join Date: Jun 2007
6 posts, read 8,638 times
Reputation: 12
|
|
State Income tax?
I have a question regarding Montana state income tax....is it a certain percentage of income? Or simply a flat percentage? Sorry if its a silly question, my husband and I are being relocated to Bozeman for work (we are in Washington state) and we don't have state income tax here. Thanks in advance!
Denise
|
|
06-25-2007, 05:38 PM
|
|
We really do surround them if we STAND UP!
Status:
"So much for judges, GM shafted us all!"
(set 16 days ago)
|
|
Join Date: May 2007
Location: Glacier Park area
5,364 posts, read 3,455,673 times
Reputation: 1755
|
|
|
It is a heafty portion of income. you can go to MT.GOV for more info. As near as I can figure it is 7% (the following is from MT.GOV)
A taxpayer’s Montana adjusted gross income is based on their federal adjusted gross income but may be higher or lower because some types of income are taxed by one level of government but not the other.
Not to sing the same "sad-sack" song over and over, according to stats we are among the lowest paid highest taxed states in the nation. Not my stats, just ones I've read. You do get used to it, it's worth the view.....
|
|
06-25-2007, 08:30 PM
|
|
Junior Member
|
|
Join Date: Jun 2007
6 posts, read 8,638 times
Reputation: 12
|
|
|
Hi, and thanks for the information. We are fortunate in that our company has given us a 16% cost of living increase so we can at least attempt to survive there. 7% is about what I've been hearing as far as state income tax. Thanks again!
|
|
07-02-2007, 01:17 PM
|
|
Member
|
|
Join Date: Jul 2007
Location: Nashville, TN
70 posts, read 72,459 times
Reputation: 24
|
|
wrong percentage...?
Er... I haven't been coming up with the same income tax rates you two have... our family is billed 11% and that's what I find on most sources regarding MT taxes. Hooray for us, we have the highest income tax in the country. Woo-hoo.
|
|
07-02-2007, 03:01 PM
|
|
We really do surround them if we STAND UP!
Status:
"So much for judges, GM shafted us all!"
(set 16 days ago)
|
|
Join Date: May 2007
Location: Glacier Park area
5,364 posts, read 3,455,673 times
Reputation: 1755
|
|
I just went to the MT.gov site which is where I got the 7%. I guess if you are part of the working poor it's that low but if you make somewhat of a liveable wage they really hammer you (10% for 45k). Man that's steep,  I didn't realize how bad it was until now, just paid the price to live here  |
|
07-02-2007, 06:28 PM
|
|
Junior Member
|
|
Join Date: Jun 2007
6 posts, read 8,638 times
Reputation: 12
|
|
|
Ugh! According to that chart we will in the 11% range. No fun!
|
|
07-03-2007, 12:40 AM
|
|
Senior Member
|
|
Join Date: Jul 2006
Location: Montana, I have arrived!
149 posts, read 172,366 times
Reputation: 39
|
|
Quote:
Originally Posted by jimj
I just went to the MT.gov site which is where I got the 7%. I guess if you are part of the working poor it's that low but if you make somewhat of a liveable wage they really hammer you (10% for 45k). Man that's steep, I didn't realize how bad it was until now, just paid the price to live here |
In California it's almost there at 9.3% for over 41,000 |
|
07-03-2007, 06:47 AM
|
|
We really do surround them if we STAND UP!
Status:
"So much for judges, GM shafted us all!"
(set 16 days ago)
|
|
Join Date: May 2007
Location: Glacier Park area
5,364 posts, read 3,455,673 times
Reputation: 1755
|
|
And I thought we left CA for lower costs  |
Please register to post and access all features of our very popular forum. It is free and quick.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Linear Mode
