M M D D 2 0 2 5 M M D D 2 0 Y Y *25CE0101* *25CE0101* 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 No Staples 2025v3 12/2025 Form 2 2025 Montana Individual Income Tax Return For the year Jan 1 – Dec 31, 2025, or the tax year beginning and ending Mark if this is an amended return First Name Initial Last Name Social Security Number Deceased? Spouse’s First Name Initial Spouse’s Last Name Social Security Number Deceased? Current mailing address City State ZIP Code + 4 Federal Filing Status Single Married Filing Jointly Married Filing Separately Qualifying Surviving Spouse Head of Household Residency Status Resident Part-year Resident Mixed Residency Nonresident ND Reciprocity Nonresident Military Spouse Taxable Income 1 Federal adjusted gross income from Form 1040, line 11b 1 2 Add Form 1040, lines 12e and 13b 2 3 Subtract line 2 from line 1. If zero or less, enter 0 (zero). 3 4 Montana additions to federal taxable income from Schedule I, Part I, line 7 4 5 Montana subtractions from federal taxable income from Schedule I, Part I, line 24 5 6 $5,660 subtraction for taxpayers 65 and older ($11,320 if married filing jointly and both are 65 and older)

6 7 Add lines 3 and 4. Then subtract lines 5 and 6. If zero or less, enter 0 (zero).

This is your Montana taxable income.

7 Tax, Credits, and Payments 8 Tax liability before tax credits (See instructions) 8 9 Nonrefundable tax credits from Schedule III, Part I, line 14 9 10 Subtract line 9 from line 8. This is your tax after nonrefundable tax credits. 10 11 Montana income tax withheld from: 11a Form(s) W-2 11a 11b Form(s) 1099 11b 11c Total pass-through entity tax credit from Montana Schedule(s) K-1 11c 11d Total withholding from Montana Schedule(s) K-1 11d 11e Loan-out withholding from Form LOWCERT 11e Add lines 11a through 11e 11 12 2025 estimated tax payments 12 13 Overpayment applied from 2024 return 13 14 Extension payment 14 15 Earned Income Credit. Federal EIC Multiply Federal EIC by 10% (0.10) 15 16 Elderly Homeowner/Renter Credit from Schedule 2EC, Line 30 16 17 Refundable tax credits from Schedule III, Part I, line 17 17 18 If filing an amended return: payments made with original return 18 19 Contributions, penalties, interest, and other taxes from Schedule IV, line 8 19 20 If filing an amended return: previous overpayment 20 21 Add lines 11 through 18, then subtract lines 19 and 20. This is your total payments. 21 Tax Due or Overpayment 22 If line 21 is less than line 10, subtract line 21 from line 10. This is your tax due. 22 23 If line 21 is more than line 10, subtract line 10 from line 21. This is your tax overpaid. 23 24 Enter the amount from line 23 you would like applied to your 2026 estimated taxes 24 25 Enter the amount you want deposited into a 529 or 529A account 25 26 Add lines 24 and 25, then subtract from line 23. This is your refund. 26 Clear Form

*25CE0201* *25CE0201* M M D D Y Y Y Y M M D D Y Y Y Y M M D D Y Y Y Y M M D D Y Y Y Y M M D D Y Y Y Y 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Form 2 – Page 2 – 2025 Name Social Security Number Montana Individual Income Tax Nonresidents, part-year residents, and Montana residents with nonresident or part-year resident spouses, enter line 11 on Schedule II, line 23; line 12 on Schedule II, line 18; and leave line 13 below blank. 1 Enter your total Montana taxable income from page 1, line 7. If you do not have a net long-term capital gains, skip lines 2 through 10 and enter 0 (zero) on line 11.

1 2 Enter your net long-term capital gains (See instructions) 2 3 Enter the lesser of line 1 or line 2 3 4 Subtract line 3 from line 1 4 5

Enter the amount for your federal filing status: $21,100 if single or married filing separately $42,200 if married filing jointly or qualifying surviving spouse $31,700 if head of household

5 6 Subtract line 4 from line 5. If zero or less, enter 0 (zero) 6 7 Enter the lesser of line 3 or line 6 7 8 Multiply line 7 by 3% (0.03) 8 9 Subtract line 6 from line 3. If zero or less, enter 0 (zero) 9 10 Multiply line 9 by 4.1% (0.041) 10 11 Add lines 8 and 10. This is your Montana net long-term capital gains tax. 11 12

If you do not have a net long-term capital gain, figure your tax on the amount on line 1 using the Montana Ordinary Income Tax Table. If you have a net long-term capital gain, figure your tax on the amount on line 4 using the Montana Ordinary Income Tax Table.

This is your Montana ordinary income tax.

12 13 Residents add lines 11 and 12, and enter this amount on page 1, line 8.

This is your Montana resident tax.

13 If you are filing a return in Montana for the first time, direct deposit is not available. Stop here and sign your return below. If the direct deposit option is available and you wish to use it, provide your bank account information, and sign your return below. Direct Deposit Your Refund Complete 1, 2, and 3. (See instructions) 1 Routing Number 3 Account Number Checking Savings 2 529/529A Account Deposit Information (See instructions) 4 Account Type Mark this box if this refund is going to an account that is located outside of the United States or its territories. 529 Qualified Tuition Program 529A Achieving a Better Life Experience 529/529A deposit amount RTN# ACCT# 5 Account Type 529 Qualified Tuition Program 529A Achieving a Better Life Experience RTN# ACCT# REQUIRED – Signature, Paid Preparer, and Third-Party Designee Under penalties of false swearing, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Taxpayer Signature x Date Date of Birth Phone Spouse Signature Date Date of Birth Phone x Tax Preparer Signature Date Signed Print Name Phone PTIN Mark this box if you allow the DOR to discuss this tax return with your tax preparer. Mark this box if you allow the DOR to discuss this tax return with someone other than your tax preparer. Name Phone

*25CE0301* *25CE0301* 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Form 2 – Page 3 – 2025 2025v3 12/2025 2025 Montana Form 2 Schedule I – Adjustments Name Social Security Number Part I. Montana Adjustments to Federal Taxable Income Additions 1 Interest and mutual fund dividends from state, county, or municipal bonds from other states 1 2 Other recoveries of amounts deducted in earlier years that reduced Montana taxable income. (Do not include recoveries of federal income tax.)

2 3 Taxable distribution from Montana medical savings account Part II, line 8 first-time homebuyer’s account (See instructions)

3 4 State income tax deduction included in federal taxable income (See instructions) 4 5 Expenses used to claim a Montana tax credit 5 6 Other additions Code Code 6 7 Add lines 1 through 6, and enter the total on page 1, line 4. This is your Montana additions. 7 Subtractions 8 State income tax refunds included in federal taxable income (See instructions) 8 9 Interest and mutual fund dividends from federal bonds, notes, and obligations 9 10 Recoveries of amounts deducted in earlier years included in federal taxable income that did not reduce Montana income tax

10 11 Exempt tribal income. Include Form ETM 11 12 Military salary of active-duty service member 12 13 Subtraction of military retirement income for working military retirees and military survivor benefits. Include Form WMRE

13 14 Montana medical savings accounts deposits and earnings from Part II, line 4 14 15 First-time homebuyer account deposits and earnings from deposits made before January 1, 2024 15 16 Family education savings (529 plan) account deposits 16 17 Achieving a Better Life Experience Act (ABLE) account deposits 17 18 Business-related expenses for purchasing recycled material. Include Form RCYL 18 19 Business expenses not included in federal taxable income due to an existing federal credit taken 19 20 Certain expenses incurred by cannabis businesses 20 21 Business sales and other miscellaneous subtractions. 21 22 Tier I Railroad Retirement Benefits included on Form 1040, line 6b 22 Code Code 23 Tier II Railroad Retirement Benefits included on Form 1040, line 5b (See instructions) 23 24 Add lines 8 through 23, and enter total on page 1, line 5. This is your Montana subtractions. 24 Part II. Montana Medical Savings Account (MSA) Adjustment Subtraction 1 Beginning balance. If this is a new account, enter 0 1 2 Total contributions for the year (up to $4,600 per taxpayer) 2 3 Earnings from the account: interest, dividends, capital gains, etc.

3 Mark this box if your account balance is less than your beginning balance (See instructions) 4 Add lines 2 and 3. Enter the total on Part I, line 14 4 5 Ending balance. Enter your ending balance as shown on your year-end account statement. 5 Addition 6 Total withdrawals made during the year 6 7 Withdrawals for eligible expenses. (See instructions) 7 8 Nonqualified withdrawals. Subtract line 7 from line 6. Enter the total on Part I, line 3 8 9 Nonqualified withdrawals not subject to penalty (See instructions) 9 10 Nonqualified withdrawals subject to penalty. Subtract line 9 from line 8 10

*25CE0401* *25CE0401* M M D D Y Y Y Y 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Form 2 – Page 4 – 2025 2025v3 12/2025 2025 Montana Form 2 Schedule II – Tax on Montana Source Income Alternative Method Filer (See instructions) 30 Day Nonresident Exclusion (See instructions) Part-Year Resident Information Date of Residency Change State moved to State moved from Mixed Residency (See instructions) Complete this section if one spouse was a Montana resident at any point during the tax year and the other spouse was a nonresident or part-year resident. Montana Resident Spouse Social Security Number Nonresident/Part-Year Resident Spouse Social Security Number Montana Source Ordinary Income Montana source ordinary income is all income that is not considered a net long-term capital gain. 1 Wages, salaries, tips, etc. 1 2 Interest 2 3 Ordinary dividends 3 4 Refunds, credits, or offsets of local income taxes 4 5 Alimony received 5 6 Business income or (loss). (See instructions) 6a Montana source business income 6a 6b Additional Montana source business expenses 6b Subtract line 6b from line 6a. This is your net Montana source business income or (loss) 6 7 Short-term capital gain or (loss) 7 8 Other gains or (losses) 8 9 IRAs, pensions, and annuities 9 10 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Mark this box if you have Montana source suspended losses (See instructions) 10a Montana source income from rental real estate, royalties, partnerships, S corporations, trusts, etc. 10a 10b Additional Montana source business expenses related to rental real estate, royalties, partnerships, S corporations, trusts, etc. (See instructions) 10b Subtract line 10b from line 10a. This is your net Montana source income from rental real estate, royalties, partnerships, S corporations, trusts, etc.10 11 Farm income or (loss) 11a Montana source farm income or (loss) 11a 11b Additional Montana source expenses related to farm income or (loss) (See instructions)

11b Subtract line 11b from line 11a. This is your net Montana source farm income or (loss). 11 12 Social Security Benefits 12 13 Other income and adjustments to income (See instructions) 13 14 Montana source additions to income (See instructions) 14 15 Add lines 1 through 14. This is your Montana source ordinary income. 15 Everywhere Ordinary Income 16 Everywhere Ordinary Income 16a Form 1040, line 9 16a 16b Certain federal adjustments (See instructions) 16b 16c Net long-term capital gains 16c Subtract lines 16b and 16c from line 16a. This is your everywhere ordinary income for Montana. 16

. . *25CE0501* *25CE0501* 00 00 00 00 00 00 00 Form 2 – Page 5 – 2025 2025 Montana Form 2 Schedule II – Tax on Montana Source Income (Continued) Name Social Security Number Montana Source Ordinary Income Tax 17

Divide line 15 by line 16. Round to 6 decimal places and do not enter more than 1.000000.

This is your Montana source ordinary income ratio.

17 18 Montana ordinary income tax from page 2, line 12 18 19 Multiply the tax on line 18 by the ratio on line 17.

This is your Montana source ordinary income tax.

19 Montana Source Net Long-Term Capital Gains Tax 20 Total net long-term capital gains from page 2, line 2 20 21 Montana source net long-term capital gains 21 22 Divide line 21 by line 20. Round to 6 decimal places and do not enter more than 1.000000.

This is your Montana source net long-term capital gains ratio.

22 23 Montana net long-term capital gains tax from page 2, line 11 23 24 Multiply the tax on line 23 by the ratio on line 22.

This is your Montana source net long-term capital gains tax.

24 Total Tax on Montana Source Income 25 Add lines 19 and 24. Enter here and on page 1, line 8.

This is your total tax on Montana source income.

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C G R - - - - - - - - - - - - *25CE0601* *25CE0601* 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Form 2 – Page 6 – 2025 2025v3 12/2025 2025 Montana Form 2 Schedule III – Tax Credits Social Security Number Name Part I. Tax Credits Nonrefundable Credits 1 Total credit for an income tax liability paid to another state or country from all Parts II, line 21 1 2 Qualified endowment credit. Include Form QEC 2 3 Recycle credit. Include Form RCYL 3 4 Apprenticeship credit 4 5 Trades education and training credit. Include Form TETC 5 6

Innovative educational program credit Credit confirmation code Credit confirmation code

6 7

Student scholarship organization credit Credit confirmation code Credit confirmation code

7 8 Contractor’s gross receipts tax credit. If multiple CGR accounts, mark here CGR Account ID:

8 9 Historic property preservation credit. Include federal Form 3468 9 10 Infrastructure users fee credit. Include Form IUFC 10 11

MEDIA Credit UCRN UCRN

11 12

Jobs growth incentive credit. Include Form JGI Credit certificate number

12 13 Carryforward amount from an expired or repealed tax credit (See instructions) Tax credit code

13 14 Add lines 1 through 13 and enter the total on page 1, line 9.

These are your nonrefundable credits.

14 Refundable Credits 15 Adoption credit. Include Form ADPT 15 16 Unlocking public lands credit 16 17 Add lines 15 and 16 and enter the total on page 1, line 17. These are your refundable credits. 17

*25CE0701* *25CE0701* . . . . 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Form 2 – Page 7 – 2025 2025 Montana Form 2 Schedule III – Tax Credits (Continued) Social Security Number Name Part II. Credit For Income Taxes Paid to Another State or Country Complete a separate page for each state or other country. Report the total of all pages on Part I, line 1. Montana Ordinary Income Tax 1

Enter your income sourced and taxable to another state or country that is included in your Montana taxable income or in your Montana source income if a part-year resident, excluding any net long-term capital gains. (See instructions)

1 2 Enter all income sourced and taxable to the other state or country

2 Enter state’s abbreviation 3 Income sourced and taxable to Montana excluding your net long-term capital gains (See instructions) 3a If a full-year resident, enter Form 1040, line 9 excluding your net long-term capital gains

3a 3b If a full-year resident, enter expenses related to sourced and taxable income

3b Full-year residents subtract line 3b from line 3a. Part-year residents and mixed residency filers, enter Schedule II, line 16.

3 4 Enter your total tax liability paid to the other state or country 4 5 Enter your Montana ordinary income tax (See instructions) 5 6 Divide line 1 by line 2. Round to 6 decimal places and do not enter more than 1.000000 6 7 Multiply line 4 by line 6 7 8 Divide line 1 by line 3. Round to 6 decimal places and do not enter more than 1.000000 8 9 Multiply line 5 by line 8 9 10 Enter the lesser of the amounts on lines 4, 7, or 9. This is your credit for income tax paid to another state or country for Montana ordinary income tax.

10 Montana Net Long-Term Capital Gains Tax 11

Enter your net long-term capital gain sourced and taxable to another state or country that is included in your Montana taxable income or in your Montana source income if a part-year resident. (See instructions)

11 12 Enter all income sourced and taxable to the other state or country Enter state’s abbreviation

12 13 Enter federal net long-term capital gains. Part-year residents and mixed residency filers, enter Schedule II, line 21.

13 14 Enter your income tax liability paid to the other state or country (See instructions) 14 15 Full-year residents enter page 2, line 11. Part-year residents and mixed residency filers enter Schedule II, line 24.

15 16 Divide line 11 by line 12. Round to 6 decimal places and do not enter more than 1.000000 16 17 Multiply line 14 by line 16 17 18 Divide line 11 by line 13. Round to 6 decimal places and do not enter more than 1.000000 18 19 Multiply line 15 by line 18 19 20 Enter the lesser of the amounts on lines 14, 17, or 19. This is your credit for income tax paid to another state or country for Montana net long-term capital gains tax.

20 Total Credit for Income Taxes Paid to Another State or Country 21 Add lines 10 and 20. 21

*25CE0801* *25CE0801* 00 00 00 00 00 00 00 00 00 00 00 00 Form 2 – Page 8 – 2025 2025v3 12/2025 2025 Montana Form 2 Schedule IV – Contributions, Penalties, Interest, and Other Taxes Social Security Number Name 1 Total voluntary check-off contribution programs from lines 1a through 1d 1a Nongame Wildlife Program $5 $10 $20 other amount 1b Child Abuse Prevention $5 $10 $20 other amount 1c Agriculture Literacy in Montana Schools $5 $10 $20 other amount 1d Montana Military Family Relief Fund $5 $10 $20 other amount Total voluntary check-off contribution programs from lines 1a through 1d 1 2 Interest on underpayment of estimated taxes (See instructions) 2 If applicable, mark the appropriate box 2/3 farming gross income Estimated payments made using the annualization method 3 Late filing penalty 3 4 Late payment penalty 4 5 Interest 5 6

Other penalties (See instructions)

First-Time Homebuyer Account Montana Medical Savings Account Farm and Ranch Risk Management Account

6 7 Lump-sum and recapture taxes (See instructions) 7 Code Code 8 Add lines 1 through 7, and enter on page 1, line 19.

These are your total contributions, penalties, interest, and other taxes.

8

*25CE0901* *25CE0901* Form 2 – Page 9 – 2025 2025v3 12/2025 A Form or Schedule B Line or Box C Reason 2025 Montana Form 2 Schedule V – Amended Return Information Social Security Number Name Adjustment Type: Federal Audit Amended Federal Return Montana Adjustment Other

M M D D Y Y Y Y . *25CE1001* *25CE1001* . 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 Form 2 – Page 10 – 2025 2025v3 12/2025 2025 Montana Form 2 Schedule 2EC – Elderly Homeowner/Renter Credit Claimant Name Initial Last Name Social Security Number Date of Death Physical address City State ZIP Code + 4 Attestation I reached age 62 by December 31, 2025 I resided in Montana for a minimum of nine months during 2025 I occupied a Montana residence as a renter, owner, or lessee for at least six months during 2025 The combined gross household income was less than $45,000 for 2025 (See instructions) I am the only member of my household claiming this credit Household Occupancy How many people lived in your household during 2025? Gross Household Income 1 Wages, salaries, tips, etc. 1 2 Interest 2 3 Dividends 3 4 IRA distributions from Form 1099-R (See instructions) 4 5 Pensions and annuities from Form 1099-R and Tier II Railroad Retirement benefits (See instructions)

5 6 Social Security benefits and Tier I Railroad Retirement benefits (See instructions) 6 7 Capital gain, including any exclusion 7 8 Refundable credits received, including your elderly homeowner renter credit received in 2025 8 9 Alimony 9 10 Business income 10 11 Other gains 11 12 Rental real estate, royalties, partnerships, S corporations, trusts, etc. 12 13 Farm income 13 14 Unemployment compensation 14 15 Other income not included above (See instructions) 15 16 Government assistance and support money 16 17 Income received by other members of your household 17 18 Add lines 1 through 17. This is your gross household income. 18 Net Household Income 19 Your standard exclusion is entered here for you 19 12600 20 Subtract line 19 from line 18 and enter the result here, but not less than zero 20 21 Enter your multiplier rate from the Household Income Reduction Table. (See instructions) 21 22 Multiply line 20 by line 21. This is your net household income. 22 Credit Calculation 23 Enter the property tax you were billed for your Montana residence and up to one acre in 2025 23 24 Enter the rent that you paid in 2025 for your Montana residence 24 25 Multiply line 24 by 15% (0.15) 25 26 Add lines 23 and 25 26 27 Subtract line 22 from line 26 and enter the result here, but not less than zero 27 28 Enter the lesser of line 27 or $1,150 28 29 Enter the percentage from the Credit Multiplier Table that corresponds to your gross household income on line 18 (See instructions)

29 30 Multiply line 28 by the percentage on line 29. Enter the total here and on page 1, line 16.

This is your elderly homeowner/renter credit.

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