Section 15-30-2153 - Determination of tax of estates and trustsThe amount of tax is determined from Montana taxable income of an estate or trust as adjusted in 15-30-2120 by applying the rates contained in 15-30-2103 or, if applicable, the rate contained in 15-30-3704. Credits allowed to individuals under Title 15, chapter 30, also apply to estates and trusts when applicable.
Amended by Laws 2021, Ch. 503,Sec. 13, eff. 1/1/2024, and applicable to income tax years beginning after December 31, 2023.Amended by Laws 2021, Ch. 458,Sec. 6, eff. 5/11/2021, and applicable retroactively, within the meaning of 1-2-109, to income tax years beginning after December 31, 2020.En. Sec. 3(3), Ch. 260, L. 1983; amd. Sec. 11, Ch. 634, L. 1993 (voided by I.R. No. 112, 11/8/1994); Sec. 15-30-137, MCA 2007; redes. 15-30-2153 by Sec. 1, Ch. 147, L. 2009.