Personal Income Tax Missouri's individual income tax rates are graduated from a low of 1½% on taxable incomes of $1,000 or less, to a high of $315 plus 6% on taxable incomes in excess of $9,000. Taxable income may be reduced by a portion of federal income tax liability. Additional deductions include an allowance for each dependent, personal exemption, and federal standard or itemized deductions (which includes a deduction for FICA taxes paid through withholding).
Business and Community Services 301 W. High Street, Rooms 720, 770 Jefferson City, Missouri 65102 Tel: 800-523-1434 Fax: 573-751-7384 Email: missouridevelopment@ded.mo.gov |