An individual who contributes to one or more accounts established pursuant to this chapter in a tax year is entitled to reduce the individual's Montana taxable income, in accordance with 15-30-2120, if the individual is: (1) the designated beneficiary; (2) the spouse of the designated beneficiary; or (3) a parent, grandparent, sibling, or child related to the designated beneficiary by blood, marriage, or legal adoption.
Deductions For Contributions
Mont. Code Ann. § 53-25-117, under Montana Achieving a Better Life Experience Act.
Mont. Code Ann. § 53-25-117