Military retirement pay in Missouri
Varies
Does Missouri Tax Military Retirement Pay?
Short answer: No. Missouri fully exempts military retired pay from state income tax (100% since tax year 2022). Other retirement income: Private pensions and 401(k)/IRA withdrawals may be deducted up to $6,000 per person, with the full deduction only if Missouri AGI is under $25,000 single / $32,000 joint, reduced dollar-for-dollar above that.
Military retired pay is taxable federally; VA disability compensation isn't taxed federally or by any state.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Military retirement pay in Missouri
Varies
Individuals / Personal Taxes
No. Missouri fully exempts military retired pay from state income tax (100% since tax year 2022). Other retirement income: Private pensions and 401(k)/IRA withdrawals may be deducted up to $6,000 per person, with the full deduction only if Missouri AGI is under $25,000 single / $32,000 joint, reduced dollar-for-dollar above that.
Business justification
No. Missouri fully exempts military retired pay from state income tax (100% since tax year 2022). Other retirement income: Private pensions and 401(k)/IRA withdrawals may be deducted up to $6,000 per person, with the full deduction only if Missouri AGI is under $25,000 single / $32,000 joint, reduced dollar-for-dollar above that. Military retired pay is taxable federally; VA disability compensation isn't taxed federally or by any state.
Category
- Personal Tax Deductions