Missouri Income Tax Guide for 2024

Overview

Missouri uses a progressive income tax system with rates ranging from 0% to 4.8%. Capital gains are taxed as ordinary income. The state offers a standard deduction of $14,600 for single filers.

Income Tax Rates

Single Filers

Income RangeTax Rate
Up to $1,2720%
$1,273 - $2,5452%
$2,546 - $3,8182.5%
$3,819 - $5,0913%
$5,092 - $6,3643.5%
$6,365 - $7,6374%
$7,638 - $8,9104.5%
$8,911+4.8%

Married Filing Jointly

Income RangeTax Rate
Up to $1,2720%
$1,273 - $2,5452%
$2,546 - $3,8182.5%
$3,819 - $5,0913%
$5,092 - $6,3643.5%
$6,365 - $7,6374%
$7,638 - $8,9104.5%
$8,911+4.8%

Capital Gains Tax

Capital gains are taxed at the same rates as ordinary income.

Deductions & Exemptions

TypeAmount
Standard Deduction (Single)$14,600
Standard Deduction (Married Filing Jointly)$29,200

Additional Information

  • Military pensions tax-free
  • Uses federal standard deduction amounts
  • Top rate 4.8% on Missouri taxable income over $8,911; the first $1,273 is not taxed and the brackets are indexed annually ($1,273 steps for 2024)
  • No general capital gains exclusion for 2024: the 100% capital gains subtraction in Section 143.121 RSMo applies only "for all tax years beginning on or after January 1, 2025". Narrow exclusions (low-income housing, employee stock ownership plan sales) still apply.

Charts

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Sources

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Last updated: September 15, 2026

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