State Tax in Missouri

State Tax in Missouri ranges from 1.5 per cent to six per cent and has 10 income brackets.

Income Tax Rates Are as Follows -

  • 1.5 per cent on the first $1,000 of taxable income
  • Two per cent on taxable income that is between $1,001 and $2,000
  • 2.5 per cent on taxable income that is between $2,001 and $3,000
  • Three per cent on taxable income that is between $3,001 and $4,000
  • 3.5 per cent on taxable income that is between $4,001 and $5,000
  • Four per cent on taxable income that is between $5,001 and $6,000
  • 4.5 per cent on taxable income that is between $6,001 and $7,000
  • Five per cent on taxable income that is between $7,001 and $8,000
  • 5.5 per cent on taxable income that is between $8,001 and $9,000
  • Five per cent on taxable income that is $9,001 and above

Who Must File State Income Taxes

  • If you file a federal tax return, you must file a state tax return.
  • This applies to residents and non-residents who have an income from Missouri.

Due Date For Paying State Income Tax

Taxes are due and payable on the 15th of April.  If the 15th happens to fall on a holiday or weekend, then the due date moves to the next business day. If, for some reason, you are unable to pay your income taxes by the due date, the state of Missouri allows you to file your return and sign a payment agreement which allows you to pay your taxes in installments while incurring a minimum of late payment penalties and interest. The key is to file your return on time, whether or not you can pay your taxes.

The State of Missouri provides a tax break for private pension recipients.  This exemption is up to $6,000 or $12,000 if married and filing jointly.

Public pension recipients are also able to claim an exemption, but it is limited to the maximum benefit allowed by social security which is $25,392.

Gambling income should be included when filing your federal tax return. Itemizing your deductions will allow you to deduct your loss. If you itemized and claimed a gambling loss deduction on your federal income tax return, you can do so on your Missouri return and reduce your adjusted gross income by the amount of your gambling losses.

The Missouri Department of Revenue has eight different Tax Assistance Centers available for assistance with the state tax returns and to answer questions.

If you are facing a tax audit, or other tax law issues, consult with a tax attorney in your area to discuss your options.
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