Missouri individual income tax
Missouri imposes an individual income tax on both residents and nonresidents, based on their federal-adjusted gross income, with tax rates ranging from 1.5% to 5.3%.
April 18
Return due in 2023
5.3%
Top marginal tax rate
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Pay income tax online
Visit the official state government’s website to pay individual income tax online.
Visit MODOR
What is Missouri income tax?
Individual income tax
Individual income tax is a type of direct tax levied by Missouri on individuals that meet the taxable criteria.
Taxable incomes
Missouri taxes incomes from wages, dividends, interests and capital gains.
Tax brackets
Missouri has 9 individual income tax brackets from 1.5% to 5.3%.
Standard deduction
Standard deduction is $12,950 for singles, $25,900 for couples and $19,400 for head of household for the year 2022.
Personal exemption
Missouri doesn't have personal exemptions.
2022 tax rates
The following is the list of income tax rates for the tax year of 2022
| Missouri taxable income | Tax rate |
|---|---|
| $0 - $111 | 0% |
| $112 - $1,121 | 1.5% |
| $1,121 - $2,242 | 2% |
| $2,242 - $3,363 | 2.5% |
| $3,363 - $4,484 | 3% |
| $4,484 - $5,605 | 3.5% |
| $5,605 - $6,726 | 4% |
| $6,726 - $7,847 | 4.5% |
| $7,847 - $8,968 | 5% |
| $8,968+ | 5.3% |
Individual income tax
The State of Missouri requires you to pay taxes if you are a resident (regardless of the whether they were earned within the state or not) or a non-resident that earns income from Missouri
Types of taxable incomes
The income types on which tax is levied are:
In Missouri, all types of income are generally subject to personal income tax unless they are specifically exempt by state law. This includes, but is not limited to, wages and salary, dividends, capital gains, royalties, and other types of income.
File return
To file a tax return in Missouri, taxpayers must complete and submit a tax return form. The tax return form requires taxpayers to report their taxable income and any credits or deductions they are eligible to claim. Taxpayers must also calculate their tax liability and pay any taxes owed by the due date.
If you have a federal extension in filing, that will automatically be considered by Missouri, given you have paid taxes on time (else there will be penalties).
If you want to file a 6-months extension with a new deadline of Oct 16,2023, file Form Mo-60
File extension
Due
quarterly or annually
Pay taxes
Taxes in Missouri are due by 18 April, 2023. Go to the official Missouri Department of Revenue website.
In Missouri, you are subjected to quarterly estimated taxes if you tax liability is more than $100.
Estimated taxes are to be made quarterly in instalments by the 15th of April, June, September, and January.
Type of tax
graduated tax
Due
quarterly or annually
Deductions
Tax deductions are a reduction in the amount of income that is subject to taxation. It allows taxpayers to lower the amount of taxable income they have, which in turn reduces the amount of tax they owe. Tax deductions are available for a wide range of expenses, such as charitable donations, mortgage interest, medical expenses, and business expenses.
Missouri standard deduction is $12,950 for singles, $25,900 for couples and $19,400 for head of household for the year 2022.
Credits
A tax credit allows taxpayers to reduce the amount of taxes they are required to pay. This is different from a tax deduction, which reduces the amount of income that is subject to taxation. Tax credits are applied directly to the tax liability, while deductions are applied to the taxable income.
Exclusions
Tax exclusions are an amount of money or income that is not subject to taxation. This means that taxpayers do not have to pay taxes on this income.
Residency
Residency in Missouri refers to an individual's permanent home or place of residence in the state.
Missouri resident
A Missouri resident is someone who is domiciled in Missouri, or who maintains a permanent place of residence in the state. This means that you are considered a Missouri resident if you live in the state for 6 months in a year.
If you are not domiciled in Missouri but have a permanent residence in the state, and have spent more than 30 days of the year in Missouri, then you are considered a resident for tax purposes.
Missouri part-year resident
A Missouri Part-Year Resident is someone who moved into or out of the state during the tax year.
Income earned while the individual was a resident of Missouri is subject to state taxes.
If the same income is also taxed by the state where the individual previously lived, the individual may be able to claim a credit on their Missouri state tax return for taxes paid to the other state.
Missouri non-resident
A Missouri Nonresident is someone who does not have a permanent residence in the state.
Nonresidents who receive income from Missouri sources are required to pay Missouri taxes. This includes income from Missouri properties and personal services performed in the state.
Frequently asked questions
Business entities in Missouri
There are several business entities in Missouri
Missouri LLC
Page sponsorWhy we like StartGlobal?
My genuine thoughts
Willy Justin
Founder, Statepedia
StartGlobal: Legal + Taxes + Bookkeeping for solopreneurs
Product
For small businesses, managing taxes, accounting and everything legal is just a pain. Nobody wants to do it, but they have to. Instead of working with CPAs, attorneys and others separately, Start brings all of them under a single subscription. It’s just smooth.
Team
I know the team behind StartGlobal very well. It’s a very hardworking group of individuals who are genuinely passionate about small businesses. They are backed by successful founders like Balaji Srinivasan, Biz Stone(Twitter) and others.
Price
Getting a CPA or attorney is a matter of thousands of dollars. It’s just unfair to pay so much when you’re a small business. Start has a single subscription that covers it all. It is a definite money saver.
$599 one-time