Get the POWER of PRO!
Support Center > Knowledge base> Article: Montana Recycle Credit

Montana Recycle Credit

Article ID: 34309 Email Print
Question
Montana Recycle Credit

Answer
You can claim a credit against your income tax liability for the investment that your business makes in depreciable equipment or machinery that you use to collect, process or manufacture a product from reclaimed material. Your credit is equal to 25% of the first $250,000 invested in the property, 15% of the next $250,000 invested, and 5% of the next $500,000 invested. You are not entitled to any additional credit for property that exceeds $1 million.

related articles

Article Details
Views: 601 Created on: Jun 15, 2013
Date updated: Nov 10, 2014

Poor Outstanding