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Montana Montana Subtractions to Federal Adjusted Gross Income (OBSOLETE)
Form 2 Schedule II is obsolete, and is no longer supported by the Montana Department of Revenue.
Extracted from PDF file 2019-montana-form-2-schedule-ii.pdf, last modified October 2017Montana Subtractions to Federal Adjusted Gross Income (OBSOLETE)
Form 2, Page 5 – 2017 Reset Form Social Security Number: Schedule II – Montana Subtractions from Federal Adjusted Gross Income Column A (for single, joint, separate, or head of household) Enter your subtractions from federal adjusted gross income on the corresponding line. File Schedule II with your Montana Form 2. 1 Exempt interest and mutual fund dividends from federal bonds, notes and obligations................................. 1 2 Exempt tribal income. Include Form ETM...................................................................................................... 2 3 Exempt unemployment compensation........................................................................................................... 3 4 Exempt workers’ compensation benefits........................................................................................................ 4 5 Exempt capital gains and dividends from small business investment companies.......................................... 5 6 State income tax refunds included on Form 2, line 10................................................................................... 6 7 Recoveries of amounts deducted in earlier years that did not reduce Montana income tax.......................... 7 8 Exempt military salary of residents on active duty.......................................................................................... 8 9 Exempt income of nonresident military servicepersons................................................................................. 9 10 Exempt life insurance premiums reimbursement for National Guard and Reservist...................................... 10 11 Partial pension and annuity income exemption. Report Tier II Railroad Retirement on line 24 below. Complete Worksheet IV on page 45........................................................................................ 11 12 Partial interest exemption for taxpayers 65 and older.................................................................................... 12 13 Partial retirement disability income exemption for taxpayers under age 65 (see instructions)....................... 13 14 Exemption for certain taxed tips and gratuities............................................................................................... 14 15 Exemption for certain income of child taxed to parent.................................................................................... 15 16 Exemption for certain health insurance premiums taxed to employee........................................................... 16 17 Exemption for student loan repayments taxed to health care professional.................................................... 17 18 Exempt medical care savings account deposits and earnings. Include Form MSA....................................... 18 19 Exempt first-time home buyer savings account deposits and earnings. Include Form FTB........................... 19 20 Exempt family education savings account deposits....................................................................................... 20 21 Exempt Montana Achieving a Better Life Experience Act (ABLE) account deposits...................................... 21 22 Exempt farm and ranch risk management account deposits. Include Form FRM.......................................... 22 23 Subtraction from federal taxable social security benefits/Tier I Railroad Retirement reported on Form 2, line 20b. Complete Worksheet VIII on page 48................................................................................. 23 24 Subtraction for federal taxable Tier II Railroad Retirement benefits reported on Form 2, line 16b................. 24 25 Passive loss adjustment................................................................................................................................. 25 26 Capital loss adjustment.................................................................................................................................. 26 27 Subtraction of sole proprietor for allocation of compensation to spouse........................................................ 27 28 Montana net operating loss carryover from Montana Form NOL (see instructions)....................................... 28 29 40% capital gain exclusion for pre-1987 installment sales. Complete Worksheet III on page 45.................. 29 30 Subtraction for business-related expenses for purchasing recycled material. Include Form RCYL............... 30 31 Subtraction for sales of land to beginning farmers......................................................................................... 31 32 Subtraction for larger federal estate and trust taxable distribution................................................................. 32 33 Subtraction for wage deduction reduced by federal targeted jobs credit........................................................ 33 34 Subtraction for certain gains recognized by liquidating corporation............................................................... 35 Other subtractions. Specify: 36 Add lines 1 through 35. Enter the total here and on Form 2, line 40. This is your total Montana subtractions from federal adjusted gross income.................................................................................... *17CE0501* *17CE0501* 34 00 00 00 Column B (for spouse when filing separately using filing status 3a) 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 35 00 36 00 00 00 00 00 00 00 00 00 00 00
Form 2 Schedule II
More about the Montana Form 2 Schedule II Individual Income Tax
Beginning in Tax Year 2018, the Montana Income Tax Return (Form 2) schedules are no longer available separately from the Montana Income Tax Return (Form 2).
We last updated the Montana Subtractions to Federal Adjusted Gross Income (OBSOLETE) in March 2021, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Montana Department of Revenue. You can print other Montana tax forms here.
Related Montana Individual Income Tax Forms:
TaxFormFinder has an additional 78 Montana income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Montana Form 2 Schedule II.
| Form Code | Form Name |
|---|---|
| Form 2 SCHedule IV | Non-Resident/Part-Year Resident Tax (OBSOLETE) |
| Form 2 Schedule III | Montana Itemized Deductions (OBSOLETE) |
| Form 2 SCHedule V | Montana Tax Credits (Obsolete) |
| Form 2 SCHedule VI | Credit for Income Tax Liability Paid to Another State or County (OBSOLETE) |
| Form 2 Schedule VIII (Obsolete) | Reporting of Special Transactions |
View all 79 Montana Income Tax Forms
Form Sources:
Montana usually releases forms for the current tax year between January and April. We last updated Montana Form 2 Schedule II from the Department of Revenue in March 2021.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Montana Form 2 Schedule II
We have a total of eight past-year versions of Form 2 Schedule II in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2014 Form 2 Schedule II
2010 Form 2 forms.indd
2013 Form 2 Schedule II
2010 Form 2 forms.indd
2012 Form 2 Schedule II
2010 Form 2 forms.indd
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