ARM 42.15.525

ARM 42.15.525. MONTANA ADJUSTED GROSS INCOME TO BE USED WHEN CALCULATING ITEMIZED DEDUCTIONS

SupersededLast amended: 2004Length: 49 wordsOfficial source

Cite as Mont. Admin. R. 42.15.525

(1) When the deductions allowed under 15-30-121 , MCA, are limited to a percent of adjusted gross income by reference to the IRC, Montana adjusted gross income must be used when calculating the deductions limitation for the Montana return. Montana adjusted gross income is defined in 15-30-111 , MCA.
ARM 42.15.525: ARM 42.15.525. MONTANA ADJUSTED GROSS INCOME TO BE USED WHEN CALCULATING ITEMIZED DEDUCTIONS | Justis AI