Montana SB157 would allow an income tax deduction for charitable donations up to 150% of the amount deductible on a federal return.

Montana SB157 would amend the state's income tax code to allow an additional deduction for charitable donations. The deduction would be up to 150% of the amount that would have been deductible on a federal income tax return if the taxpayer did not itemize deductions. If the taxpayer did itemize deductions on the federal return, the deduction would be up to 50% of the amount deducted for charitable donations on the federal return. The bill would apply to income tax years beginning after December 31, 2025, and would become effective January 1, 2026.

Montana SB157 would allow an income tax deduction for charitable donations up to 150% of the amount deductible on a federal return.

Montana SB157 would amend the state's income tax code to allow an additional deduction for charitable donations. The deduction would be up to 150% of the amount that would have been deductible on a federal income tax return if the taxpayer did not itemize deductions. If the taxpayer did itemize deductions on the federal return, the deduction would be up to 50% of the amount deducted for charitable donations on the federal return. The bill would apply to income tax years beginning after December 31, 2025, and would become effective January 1, 2026.