Administrative Rules of Montana
Department 42 - REVENUE
Chapter 42.15 - INCOME TAX
Subchapter 42.15.8 - Family Education Savings Act
Rule 42.15.806 - TAXATION OF FAMILY EDUCATION SAVINGS PROGRAM ACCOUNT EARNINGS
Universal Citation: MT Admin Rules 42.15.806
Current through Register Vol. 24, December 20, 2024
(1) Earnings on family education savings program accounts are not included in Montana adjusted gross income when earned. The earnings will be included in Montana adjusted gross income when distributed to the extent they are not used to pay for qualified education expenses.
AUTH: 15-30-2620, 15-62-201, MCA; IMP: 15-30-2110, MCA
Disclaimer: These regulations may not be the most recent version. Montana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
