53-25-117 Deductions for contributions

53-25-117 . Deductions for contributions. An individual who contributes to one or more accounts established pursuant to this chapter in a tax year is entitled to reduce the individual's Montana taxable income, in accordance with 15-30-2120 , if the individual is: (1) the designated beneficiary; (2) the spouse of the designated beneficiary; or (3) a parent, grandparent, sibling, or child related to the designated beneficiary by blood, marriage, or legal adoption.