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Missouri State Tax Help and Forms (Subscribe)

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Missouri tax help, forms and answers to thousands of Missouri tax questions. Handy summary of all Missouri taxes, including corporate and individual Missouri income taxes, credits, exemptions, deductions and more. Includes Missouri estate, gift and inheritance tax, miscellaneous Missouri taxes, pass-through entity treatment, payroll taxes, property taxes and Missouri sales & use taxes.

Missouri ranks #16 on the State Business Tax Climate Index (TaxFoundation.org).

Missouri State Tax Summary (TaxGrams ™)
Corporate Taxes
   Rates & Brackets:
      6.25%> $0
   Loss Carry-back/fwd: 2 Years Back / 20 Years Forward (Unlimited)
   Throwback Sales?: Y
   Foreign Tax Deductible?: Y
   Alternative Minimum Tax (AMT): N
   Gross Receipts Tax: N
   Capital Stock (Net Worth) Tax?: 0.030% (unlimited)

Credits and Incentives
   Job Credits?: N
   R&D Credits?: Y
   Investment Credits?: Y

Individual Taxes
   Rates & Brackets:
      1.5%> $0
      2%> $1,000
      2.5%> $2,000
      3%> $3,000
      3.5%> $4,000
      4%> $5,000
      4.5%> $6,000
      5%> $7,000
      5.5%> $8,000
      6%> $9,000
   Local Option IT Rate: 0.12%
   Federal Inc used as Base?: Y
   Standard Deductions: Single $5,450 / Joint $10,900
   Personal Exemptions/Credits (c): Single $2,100 / Joint $4,200 / Dependent $1,200
   Federal Tax Deductible?: Limited
   State Tax Deductible?: Y
   Alternative Minimum Tax (AMT)?: N

Inheritance, Gift, Estate, Death Taxes
   Gift Tax?: N
   Estate Tax?: Copies Federal
   Inheritance Tax?: N
   Generation-Skipping Tax?: N

Miscellaneous Taxes
   Gas Tax: 17.6 cents/gallon
   Diesel Tax: 17.6 cents/gallon
   Cigarette Tax: 17.0 cents/20 pack

Pass-through Entities
   LLC Pass-through Recognized?: Y
   S-Corp Pass-through Recognized?: Y

Payroll Taxes
   Unemployment Insurance Tax Index (TaxFoundation.org): #7

Property Taxes
   Median Tax Paid on Homes (Rank): $1,236 (#35)
   Median Value of Homes: $141,500
   Tax as % of Home Value (Rank): 0.87% (#23)
   Median Income of Homeowner: $57,486
   Tax as % of Income (Rank): 2.15% (#31)

Sales and Use Taxes
   State Rate: 4.23%
   County & City (Weighted Ave): 2.95%
   Combined State and Ave. Local Rates (Rank): 7.18% (#15)
   General Treatment of Services: Exempt
   Gas Exemption: Exempt
   Grocery Exemption: Partial

 
 

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Missouri: Installment Agreement

For those individuals or businesses not able to resolve the obligation immediately, arranging an installment agreement online can be a reasonable payment option.

http://dor.mo.gov/cacs/

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Missouri: Voluntary Disclosure

Taxpayers who have failed to file returns and pay any taxes due to the Department may qualify. All taxes administered by the Department and any type of taxpayer are eligible.

http://dor.mo.gov/business/voluntary/

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