Retirement income in Missouri
Varies
Does Missouri Tax Retirement Income?
Short answer: Partly. 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.
Government pensions: Public pensions are deductible up to the maximum Social Security benefit ($48,967 for 2026) with no income limit since 2024, reduced by any Social Security deduction claimed. Pensions, traditional IRA and 401(k) withdrawals are taxable federally either way; Roth withdrawals after 59½ (5-year rule met) are tax-free.
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.
Retirement income in Missouri
Varies
Individuals / Personal Taxes
Partly. 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
Partly. 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. Government pensions: Public pensions are deductible up to the maximum Social Security benefit ($48,967 for 2026) with no income limit since 2024, reduced by any Social Security deduction claimed. Pensions, traditional IRA and 401(k) withdrawals are taxable federally either way; Roth withdrawals after 59½ (5-year rule met) are tax-free.
Category
- Personal Tax Deductions