Capital Gains Rates
State Rate
4.95%
Local Rate
0.50%
Deduction
None
Combined Rate
29.50%
Additional State Capital Gains Tax Information for Missouri
The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).
Additional State Income Tax Information for Missouri
Missouri allows a deduction for your federal income tax liability from your federal tax return. Any Alternative Minimum Tax (AMT) must be subtracted as well as any the amount of certain refundable credits you received. The amount of the deduction is limited to $5,000 for single filers and $10,000 for married filing jointly. Deduction or exemption tied to federal tax system. Federal deductions and exemptions are indexed for inflation.
Choose a City
Arnold
Ballwin
Bellefontaine Neighbors
Blue Springs
Brentwood
Bridgeton
Chesterfield
Clayton
Columbia
Crestwood
Creve Coeur
Dardenne Prairie
Des Peres
Eurkea
Ferguson
Florissant
Gladstone
Glendale
Grandview
Greenwood
Independence
Jennings
Kansas City
Kirkwood
Ladue
Lake St. Louis
Leawood
Lee’s Summit
Lenexa
Liberty
Maplewood
Maryland Heights
Merriam
O’Fallon
Olathe
Olivette
Overland
Overland Park
Parkville
Prairie Village
Raytown
Shawnee
Shrewsbury
Springfield
St. Ann
St. Charles
St. John
St. Louis
St. Petersburg
University City
Valley Park
Webster Groves
Wentzville
Wildwood