Montana Form 2ez Individual Income Tax Forms And Instructions

Page 9

Instructions for ﬁ ling Montana Form 2EZ

to make your payment online by visiting our website at

If I ﬁ le my return electronically, what

revenue.mt.gov.

information do I have to send in and what

Any extension of time to ﬁ le your Montana income tax

documents do I have to retain?

return is not an extension of time to pay your income tax

If you ﬁ le electronically, you don’t have to mail in a paper

liability. If you have a valid Montana extension but you

copy of your tax return, any accompanying federal Form(s)

have not paid your entire 2011 income tax liability by April

W-2 or 1099, or any other Montana supplemental forms.

17, 2012, you are relieved of late ﬁ le penalties but you

When you ﬁ le your tax return electronically, you represent

are not relieved of late pay penalties and interest on your

that you have kept all the documents required as your tax

outstanding Montana income tax liability.

record and that you will provide copies of these if we ask

for them. You also don’t have to sign a copy of your tax

What do I do if I made an error on my tax

return and submit it to us. The act of completing and ﬁ ling

return and I now want to correct it?

your tax return electronically is considered your authorized

If you discover that your tax return was incorrect, you have

signature.

ﬁ ve years from the due date of the original tax return to ﬁ le

an amended Montana tax return to correct the mistake.

What options do I have to pay my Montana

Please mark the “Amended Return” box found in the upper

taxes electronically?

left-hand corner of the Montana tax return.

You can pay your Montana taxes electronically by using

Include copies of any schedules submitted with the original

any of the following methods:

ﬁ ling, even if none of the amounts previously reported have

● Electronic funds withdrawal when e-ﬁ ling your joint

changed.

federal/state tax return. (There is no fee for an

Montana AMD Worksheet is available to help you reconcile

electronic funds withdrawal.)

the changes to the original tax return. Although not

● E-checks (There is no fee for an e-check payment.)

required, we suggest that you complete and include AMD

● Credit/debit cards (A small fee is applied for a credit

Worksheet, or a similar form outlining the changes, with

card payment.)

your corrected tax return. AMD Worksheet does not serve

To pay your Montana taxes electronically by e-check or

as an amended return on its own. You can download AMD

using a credit/debit card, please visit revenue.mt.gov.

Worksheet from our website at revenue.mt.gov.

If you ﬁ le an amended tax return that reﬂ ects an increased

What happens if I do not ﬁ le my Montana tax

tax liability, you may have the late payment penalty waived.

return on time?

To receive the waiver, simply mark the “Amended Return”

If you ﬁ le your tax return late, you will need to pay a late ﬁ le

box on the top left-hand corner of the tax return and pay

penalty of $50 or the amount of tax due, whichever is less.

the tax and applicable interest in full when you ﬁ le the

You do not owe a late ﬁ le penalty if you ﬁ le a late tax return

amended return. By marking this box and paying all tax and

for which you are receiving a refund. Please remember

interest, you are treated as having requested a waiver of

that your return is considered late if you ﬁ le after April 17,

the late payment penalty.

2012, unless you qualiﬁ ed for an extension. If you were

granted an automatic, six-month extension, your return is

I have ﬁ led an amended federal tax return with

considered late after October 15, 2012.

the Internal Revenue Service, or the Internal

Revenue Service has adjusted my federal

What if I need more time to ﬁ le my Montana tax

tax return. Do I have to report this change to

return?

Montana? If so, how do I report this change?

You are granted an automatic, six-month extension of

Yes, you have to report the change to Montana. Within

time for ﬁ ling your Montana income tax return if you have

90 days after you receive notiﬁ cation that the Internal

paid 90% of your 2011 Montana income tax liability or

Revenue Service changed or corrected your federal taxable

100% of your 2010 Montana income tax liability through

income, or 90 days after you change your federal taxable

your estimated tax payments, your withholding tax, or a

income by ﬁ ling an amended federal return, you have to

combination of both your estimated and withholding tax

ﬁ le an amended Montana tax return. If you do not ﬁ le an

payments by April 17, 2012. You do not have to apply for a

amended Montana return within that 90 days, we will have

federal extension in order to receive a Montana extension.

ﬁ ve years to adjust your Montana tax return to reﬂ ect the

Please use the Montana Form EXT-11, 2011 Extension

changes made on your federal tax return or make any other

Payment Worksheet, to determine if you have to make

assessments of additional tax.

an extension payment by April 17, 2012, to qualify for the

automatic ﬁ ling extension. You can get a copy of this form

What happens if my payment is late?

by visiting our website at revenue.mt.gov or calling us toll

If you do not pay all of your tax on or before April 17, 2012,

free at (866) 859-2254 (in Helena, 444-6900). If you are

you will need to pay a late payment penalty. This penalty

required to make an extension payment, please use the

is 1.2% per month or fraction of a calendar month on the

tax payment voucher found on this worksheet or sign up

unpaid tax. This penalty cannot exceed 12% of the tax due.

Montana Form 2ez Individual Income Tax Forms And Instructions - 2011 Page 12

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