Questions & Answers

What is the Montana Achieving a Better Life Experience (ABLE) Recapture Tax?

If you have a recapturable withdrawal from your Montana ABLE account, you have to pay a recapture tax.

A recapturable withdrawal is a withdrawal that is not used to pay for qualified disability expenses of the beneficiary of the account.

Multiply the amount of your recapturable withdrawal by 6.9% and enter the result here. This is your ABLE recapture tax.

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