Form CC College Contribution Credit - Montana

What Is Form CC?

This is a legal form that was released by the Montana Department of Revenue - a government authority operating within Montana. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the Form CC College Contribution Credit?
A: The Form CC College Contribution Credit is a tax credit available in Montana.

Q: What is the purpose of Form CC?
A: The purpose of Form CC is to claim a tax credit for contributions made to a qualified Montana college.

Q: Who is eligible for the Form CC College Contribution Credit?
A: Montana residents who contribute to a qualified Montana college are eligible for the Form CC College Contribution Credit.

Q: How much tax credit can be claimed using Form CC?
A: The tax credit amount varies based on the contribution made, up to a maximum of $500.

Q: What qualifies as a qualified Montana college?
A: A qualified Montana college is any accredited Montana postsecondary educational institution.

Q: Are there any income limits for claiming the Form CC College Contribution Credit?
A: No, there are no income limits for claiming the Form CC College Contribution Credit.

Q: Can I claim the Form CC College Contribution Credit if I contribute to an out-of-state college?
A: No, the Form CC College Contribution Credit is only available for contributions made to a qualified Montana college.

Q: Can I carry forward any unused tax credit from Form CC?
A: No, any unused tax credit from Form CC cannot be carried forward to future years.

Q: When is the deadline to file Form CC?
A: Form CC must be filed by April 15th of the year following the tax year for which the credit is being claimed.