Updated May 10, 2026
Capital Gains: Long-term: 3.0%-4.1%; Short-term: 4.7%-5.65%Income Tax: 4.7%-5.65%Tax Summary
Montana treats cryptocurrency as property following federal IRS rules. Long-term capital gains receive preferential tax rates of 3.0% or 4.1%. Short-term gains, mining, and staking rewards are taxed as ordinary income at 4.7% to 5.65%.
Quick facts for Montana, United States
Capital Gains Tax
Long-term: 3.0%-4.1%; Short-term: 4.7%-5.65%Income Tax Rate
4.7%-5.65%Capital Gains Tax
Long-term: 3.0%-4.1%; Short-term: 4.7%-5.65%• Crypto classified as capital assets per federal rules.
• Long-term gains (held >1 year) taxed at 3.0% up to $47,500 (single 2026), 4.1% above.
• Short-term gains taxed at ordinary rates: 4.7% up to bracket threshold, 5.65% above.
• No Montana-specific exemptions or thresholds for crypto gains.
• Long-term gains (held >1 year) taxed at 3.0% up to $47,500 (single 2026), 4.1% above.
• Short-term gains taxed at ordinary rates: 4.7% up to bracket threshold, 5.65% above.
• No Montana-specific exemptions or thresholds for crypto gains.
Income Tax
4.7%-5.65%• Mining income taxed as ordinary income at fair market value (FMV) on receipt.
• Staking rewards taxed as ordinary income at FMV when control obtained.
• Follows federal rules; reported as other income.
• Rates: 4.7% up to $47,500 (single), 5.65% above for 2026.
• Staking rewards taxed as ordinary income at FMV when control obtained.
• Follows federal rules; reported as other income.
• Rates: 4.7% up to $47,500 (single), 5.65% above for 2026.
Reporting Requirements
• Report gains/losses on Form 2 (Individual Income Tax Return); include federal adjustments.
• Use Schedule III for capital gains if needed.
• Deadline: April 15; automatic extension to October 15.
• Brokers file 1099-DA with state for 2025+ transactions.
• Use Schedule III for capital gains if needed.
• Deadline: April 15; automatic extension to October 15.
• Brokers file 1099-DA with state for 2025+ transactions.
Special Notes
• Preferential long-term capital gains rates lower than ordinary income.
• Pro-crypto policies: SB 265 (Financial Freedom Act) protects staking.
• Blockchain Task Force active; recommendations by July 2026.
• Conforms to federal crypto taxation without unique exemptions.
• Pro-crypto policies: SB 265 (Financial Freedom Act) protects staking.
• Blockchain Task Force active; recommendations by July 2026.
• Conforms to federal crypto taxation without unique exemptions.
Other US States
Compare state-level crypto tax differences across the United States.
Alabama
CG: 2-5%Income: 2-5%
Alaska
CG: 0%Income: 0%
Arizona
CG: 2.5%Income: 2.5%
Arkansas
CG: 0-3.7% (50% deduction on long-term gains)Income: 0-3.7%
California
CG: 1%-13.3%Income: 1%-13.3%
Colorado
CG: 4.4% (flat rate)Income: 4.4% (flat rate)
Connecticut
CG: 2-6.99%Income: 2-6.99%
Delaware
CG: 2.2%-6.6%Income: 2.2%-6.6%
District of Columbia
CG: 4-10.75% (taxed as ordinary income)Income: 4-10.75%
Florida
CG: 0%Income: 0%
Georgia
CG: 5.19%Income: 5.19%
Hawaii
CG: Varies: short-term 1.4-11%, net long-term up to 7.25%Income: 1.4-11%
Idaho
CG: 0-5.3%Income: 0-5.3%
Illinois
CG: 4.95% (flat rate)Income: 4.95% (flat rate)
Indiana
CG: 2.95% state + 0.5%-3% local county (varies)Income: 2.95% state + 0.5%-3% local county (varies)
Iowa
CG: 3.8%Income: 3.8%
Kansas
CG: 5.2%-5.58%Income: 5.2%-5.58%
Kentucky
CG: 3.5%Income: 3.5%
Louisiana
CG: 3%Income: 3%
Maine
CG: 5.8%-9.15% (taxed as ordinary income)Income: 5.8%-9.15%
Maryland
CG: 2%-6.5% state + 2.25%-3.2% local; +2% surtax on net gains if FAGI >$350,000Income: 2%-6.5% state + 2.25%-3.2% local (varies by county)
Massachusetts
CG: 5% (LTCG), 8.5% (STCG) + 4% surtax >$1,083,150Income: 5% + 4% surtax >$1,083,150
Michigan
CG: 4.25%Income: 4.25%
Minnesota
CG: 5.35%-9.85% (+1% NIIT on net investment income > $1M)Income: 5.35%-9.85%
Mississippi
CG: 0% on first $10,000; 4.4% thereafterIncome: 0% on first $10,000; 4.4% thereafter
Missouri
CG: 0%Income: 2%-4.7%
Nebraska
CG: 2.46%-4.55% (taxed as ordinary income)Income: 2.46%-4.55%
Nevada
CG: 0%Income: 0%
New Hampshire
CG: 0%Income: 0%
New Jersey
CG: 1.4%-10.75% (as ordinary income)Income: 1.4%-10.75%
New Mexico
CG: 1.5% - 5.9%Income: 1.5% - 5.9%
New York
CG: 4-10.9% (state) + 3.078-3.876% (NYC)Income: 4-10.9% (state) + 3.078-3.876% (NYC)
North Carolina
CG: 3.99% (taxed as ordinary income)Income: 3.99%
North Dakota
CG: Short-term: 0%-2.5%; Long-term: effective 0%-1.5% after 40% exclusionIncome: 0%-2.5%
Ohio
CG: 2.75% (flat on income > $26,050)Income: 2.75% (flat on income > $26,050)
Oklahoma
CG: 0%-4.5%Income: 0%-4.5%
Oregon
CG: 4.75%-9.9%Income: 4.75%-9.9%
Pennsylvania
CG: 3.07% (flat rate)Income: 3.07% (flat rate)
Rhode Island
CG: 3.75%-5.99%Income: 3.75%-5.99%
South Carolina
CG: 1.99%-5.21% (44% deduction for net long-term capital gains)Income: 1.99%-5.21%
South Dakota
CG: 0%Income: 0%
Tennessee
CG: 0%Income: 0%
Texas
CG: 0%Income: 0%
Utah
CG: 4.5%Income: 4.5%
Vermont
CG: 3.35%-8.75%Income: 3.35%-8.75%
Virginia
CG: 2-5.75%Income: 2-5.75%
Washington
CG: 7% on long-term gains exceeding $278,000 (2025 threshold, inflation-adjusted)Income: 0% (no state income tax)
West Virginia
CG: 2.11% - 4.58% (taxed as ordinary income)Income: 2.11% - 4.58%
Wisconsin
CG: 3.5%-7.65% (30% subtraction for long-term)Income: 3.5%-7.65%
Wyoming
CG: 0%Income: 0%
Montana Crypto Tax FAQ
Is cryptocurrency taxed in Montana?
Montana treats cryptocurrency as property following federal IRS rules. Long-term capital gains receive preferential tax rates of 3.0% or 4.1%. Short-term gains, mining, and staking rewards are taxed as ordinary income at 4.7% to 5.65%.
What is the crypto capital gains tax rate in Montana?
The state-level capital gains treatment in Montana is currently listed as Long-term: 3.0%-4.1%; Short-term: 4.7%-5.65%.
How do I report crypto taxes in Montana?
• Report gains/losses on Form 2 (Individual Income Tax Return); include federal adjustments.
Compare With Other Countries
Disclaimer: This information is AI-generated and for educational purposes only. Tax laws are complex and subject to change. Always consult with a qualified tax professional for advice specific to your situation.