Montana Credit for Income Tax Liability Paid to Another State or County (OBSOLETE)

Credit for Income Tax Liability Paid to Another State or County (OBSOLETE)
Form 2 SCHedule VI
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Form 2, Page 9 – 2017	

Social Security Number:	

Schedule VI – Credit for an Income Tax Liability Paid to Another State or Country
Indicate residency status from Form 2, line 5	

Full-year	

Column A (for single,
joint, separate, or head
of household)

Part-year

File Schedule VI with your Montana Form 2.
1 Enter your income sourced and taxable to another state or country (see instructions) that is included in
Montana adjusted gross income. If a full-year resident, this is the amount included in the total on Form 2,
line 41. If a part-year resident, this is the amount included in the total on Schedule IV, line 16.....................

Column B (for spouse
when filing separately
using filing status 3a)

1

00

00

2 Enter all income sourced and taxable to the other state or country. Indicate state’s abbreviation.
	
	
2
3 Enter your income sourced and taxable to Montana. If a full-year resident, enter the amount from Form 2,
line 41. If a part-year resident, enter the amount from Schedule IV, line 16...................................................

00

00

3

4 Enter your total income tax liability paid to the other state or country (see instructions on page 36).............

4

00

00

5 Enter your Montana tax liability. If a full-year resident, enter the amount from Form 2, line 48. If a partyear resident, enter the amount from Form 2, line 48a..................................................................................

5

00

00

6 Divide line 1 by line 2. Enter the percentage here, but not more than 100%.................................................

6

7 Multiply line 4 by line 6 and enter the result here (when calculating a credit for taxes paid to another
country see instructions).................................................................................................................................

7

8 Divide line 1 by line 3. Enter the percentage here, but not more than 100%.................................................

8

9 Multiply line 5 by line 8 and enter the result here...........................................................................................

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. This is your credit for income tax paid to another state or country............................................

00

00

10

00

00

00

.

%

00

00
.

%

%

.

00
%

.

•	 You are not entitled to a Montana tax credit for taxes paid to a foreign country to the extent you claimed these taxes as a foreign tax credit on your federal income
tax return.
•	 If you claim this credit for an income tax paid by your S corporation or partnership, see the instructions for Form 2, Schedule VI, on page 36.
•	 Your credit is limited to a tax liability paid on income that is also taxed by Montana.
•	 Your income tax paid includes your share of any excise or franchise taxes paid by your S corporation or partnership if they are imposed on the entity itself and
measured by the entity’s net income.
•	 This is a nonrefundable credit and cannot reduce your Montana tax liability below zero.
•	 This is a nonrefundable single-year credit. No unused credit amount can be carried forward.
•	 You need to complete a separate Schedule VI for each state or country to which you have paid an income tax liability. You cannot combine payments on one
schedule.
•	 If you are a part-year resident, you need to allocate your income on Form 2, Schedule IV before completing Form 2, Schedule VI.

*17CE0901*
*17CE0901*