Overview of Missouri Taxes
Missouri has a progressive income tax. There is a statewide sales tax, as well as additional county and city rates. The average effective property tax rate in Missouri is slightly below the national average.
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Your Income Taxes Breakdown
| Tax Type | Marginal Tax Rate | Effective Tax Rate | 2023 Taxes* |
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* These are the taxes owed for the 2023 - 2024 filing season.
Your 2023 Federal Income Tax Comparison
- Your marginal federal income tax rate
- Your effective federal income tax rate
- Your federal income taxes
Total Estimated 2023 Tax BurdenIncome Tax $ Sales Tax $ Fuel Tax $ Property Tax$ Total Estimated Tax Burden $ Percent of income to taxes = % | $ |
- About This Answer
Our income tax calculator calculates your federal, state and local taxes based on several key inputs: your household income, location, filing status and number of personal exemptions.
How Income Taxes Are Calculated
- First, we calculate your adjusted gross income (AGI) by taking your total household income and reducing it by certain items such as contributions to your 401(k).
- Next, from AGI we subtract exemptions and deductions (either itemized or standard) to get your taxable income. Exemptions can be claimed for each taxpayer as well as dependents such as one’s spouse or children.
- Based on your filing status, your taxable income is then applied to the the tax brackets to calculate your federal income taxes owed for the year.
- Your location will determine whether you owe local and / or state taxes.
- Last Updated: January 1, 2024
When Do We Update? - We regularly check for any updates to the latest tax rates and regulations.
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Taxes in Missouri
Missouri State Tax Quick Facts
- Income tax: 0% - 4.95%
- Sales tax: 4.725% - 11.988%
- Property tax: 0.98% average effective rate
- Gas tax: 19.5 cents per gallon of regular gasoline and diesel
In 2014, the Missouri legislature voted to cut income taxes in the state for the first time in almost 100 years. Starting with tax year 2014, the top tax rate started falling from 6% to 5.4% over the course of five years. The income tax rates for the 2023 tax year (which you file in 2024) range from 0% to 4.95%.
Residents of and people who work in Kansas City or St. Louis must also pay a 1% earnings tax, which will keep their tax bills somewhat higher than average.
The state’s sales tax system consists of a statewide rate of 4.225% and additional local rates up to 7.763%. Local governments also collect property taxes in Missouri, with an average effective rate of 0.98%, which is below the U.S. average.
A financial advisor can help you understand how taxes fit into your overall financial goals. Finding a financial advisor doesn't have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Missouri Income Taxes
Missouri’s personal income tax is structured in a similar manner to the federal income tax, with marginal rates based on each taxpayer’s level of income. The rates range from 0% up to 4.95% for the 2023 tax year. Joint and single filers pay the same rates.
The rates in the table above apply to Missouri taxable income. To calculate Missouri taxable income, taxpayers take their federal adjusted gross income (AGI) and then subtract or add certain types of income. For example, contributions made to a qualified 529 college savings plan may be subtracted from AGI, while interest earnings on public bonds outside of Missouri must be added back in. However, there is no longer a personal exemption for single or joint filers in Missouri.
The final step is to claim deductions. The Missouri standard deduction is tied to the federal deduction; this means that for the 2023 tax year, it is $13,850 for individual filers, $27,700 for joint filers, $20,800 for heads of household and $27,700 qualified widow(er)s.
In addition to the state tax, St. Louis and Kansas City both collect their own earning taxes of 1%. Residents and anyone who works in either city must pay this tax. They are the only cities in Missouri that collect their own income taxes.
Missouri Sales Tax
Sales taxes are another important source of revenue for state and local governments in Missouri. The Missouri statewide rate is 4.225%, which by itself would be among the lowest in the country. However, since counties and cities also levy sales taxes, actual rates are often much higher, in some areas reaching 11.988%. The table below shows sales tax rates for all the counties in Missouri.
There are two statewide sales tax holidays in Missouri every year. During those holidays, specific items can be purchased without having to pay the state sales tax. Some cities opt out of the holiday and still charge local sales tax. The “Back to School” sales tax holiday begins on the first Friday in August and runs through the weekend, with exemptions for clothing items costing up to $100, school supplies costing up to $50, computer software up to $350 and personal computers up to $1,500.
The other sales tax holiday is the “Show-Me Green” holiday. It applies to certain Energy Star appliances, including washers and dryers, dishwashers, refrigerators and stoves, all up to $1,500 per appliance. The “Show-Me Green” sales tax holiday lasts for seven days in April.
Most food that can be purchased at a grocery store is taxed at a reduced rate, generally 3% less than the rates listed above. (Missouri charges a state sales tax of just 1% on groceries.) Those reduced rates, however, do not apply to prepared food, as you would purchase at a restaurant or cafeteria.
Missouri Property Tax
Homeowners in Missouri pay property taxes on their real estate, with rates varying depending on location and the type of property. The average effective rate for the entire state is 0.98%, which ranks 16th-lowest among all U.S. states.
Seniors and disabled persons in Missouri may claim a property tax credit on their tax return. The credit depends on household income and total taxes paid. It is worth up to $1,100 for homeowners and $750 for renters.
If you’re looking to buy a home in the Show Me State, head to our mortgage guide page, where you will find all the essential details about mortgages in Missouri.
Missouri Cigarette Tax
Missouri has the lowest cigarette tax of any state in the country, at just 17 cents per pack of 20. That tax rate hasn't changed since 1993.
Missouri Estate Tax
There is no estate tax in the state of Missouri.
Missouri Gas Tax
The state gasoline tax in Missouri is 19.5 cents per gallon of regular gasoline and diesel. That is one of the lowest gas taxes in the country.
- Missouri is the only state that has two Federal Reserve Banks. One is in Kansas City and the other is in St. Louis.
- The highest point in Missouri is Taum Sauk Mountain at 1,772 feet. It is in the Saint Francois Mountains.
