Montana § 15-30-3328 Pass-Through Entity Tax -- Refundable Credit -- Credit For Taxes Paid To Another State

Montana Statutes

§ 15-30-3328 — Pass-Through Entity Tax -- Refundable Credit -- Credit For Taxes Paid To Another State

Montana § 15-30-3328

Title 15TAXATION

Ch. 30INDIVIDUAL INCOME TAX

Part 33Small Business and Pass-Through Entities

This text of Montana § 15-30-3328 (Pass-Through Entity Tax -- Refundable Credit -- Credit For Taxes Paid To Another State) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 15-30-3328 (2026).

Text

15-30-3328 . Pass-through entity tax -- refundable credit -- credit for taxes paid to another state.

(1)An owner that is not a pass-through entity may claim the distributive share of the owner's entity tax paid by an electing pass-through entity as a refundable credit against the taxes under this chapter.

(2)An owner that is an electing pass-through entity shall claim its distributive share of entity tax paid by another pass-through entity as a refundable credit against the taxes under 15-30-3312 , 15-30-3313 , or 15-30-3326 (1).

(3)An owner that is not an electing pass-through entity must allocate its distributive share of entity tax paid by another pass-through entity and any amount of estimated tax paid to owners subject to tax under this chapter based on the owner's share of profit

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15-30-3328 . Pass-through entity tax -- refundable credit -- credit for taxes paid to another state. (1) An owner that is not a pass-through entity may claim the distributive share of the owner's entity tax paid by an electing pass-through entity as a refundable credit against the taxes under this chapter.
(2) An owner that is an electing pass-through entity shall claim its distributive share of entity tax paid by another pass-through entity as a refundable credit against the taxes under 15-30-3312 , 15-30-3313 , or 15-30-3326 (1).
(3) An owner that is not an electing pass-through entity must allocate its distributive share of entity tax paid by another pass-through entity and any amount of estimated tax paid to owners subject to tax under this chapter based on the owner's share of profit and loss. The owner that is not an electing pass-through entity may claim the remainder as an overpayment or refund.
(4) Sections 15-30-3325 through 15-30-3328 do not prevent a resident owner from claiming a credit for taxes paid to another state as provided in 15-30-2302 .