ARM 42.15.806

ARM 42.15.806. TAXATION OF FAMILY EDUCATION SAVINGS PROGRAM ACCOUNT EARNINGS

Last amended: 2025Length: 41 wordsOfficial source

Cite as Mont. Admin. R. 42.15.806

(1) Earnings on family education savings program accounts are not included in Montana taxable income when earned. The earnings will be included in Montana taxable income when distributed to the extent they are not used to pay for qualified education expenses.
ARM 42.15.806: ARM 42.15.806. TAXATION OF FAMILY EDUCATION SAVINGS PROGRAM ACCOUNT EARNINGS | Justis AI