Missouri Income Tax Rate 2023 - 2024
Missouri state income tax rate table for the 2023 - 2024 filing season has eight income tax brackets with MO tax rates of 0%, 2%, 2.5%, 3%, 3.5%, 4%, 4.5%, and 4.95% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses. The top Missouri tax rate decreased from 5.3% last year to 4.95% this year. This continues the downward trend in the state income tax rate from a high of 6% just six years ago. The number of tax brackets also decreased from ten last year to eight this year.
Missouri income tax rate and tax brackets shown in the table below are based on income earned between January 1, 2023 through December 31, 2023. Outlook for the 2024 Missouri income tax rate is to decrease further to 4.5%. The top rate decrease should reduce the number of Missouri income tax brackets to seven as the two upper brackets overlap.
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $1,207 | 0% |
| $1,208 | to | $2,414 | 2% |
| $2,415 | to | $3,621 | 2.5% |
| $3,622 | to | $4,828 | 3% |
| $4,829 | to | $6,035 | 3.5% |
| $6,036 | to | $7,242 | 4% |
| $7,243 | to | $8,449 | 4.5% |
| $8,450 | to | ∞ | 4.95% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $1,207 | 0% |
| $1,208 | to | $2,414 | 2% |
| $2,415 | to | $3,621 | 2.5% |
| $3,622 | to | $4,828 | 3% |
| $4,829 | to | $6,035 | 3.5% |
| $6,036 | to | $7,242 | 4% |
| $7,243 | to | $8,449 | 4.5% |
| $8,450 | to | ∞ | 4.95% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $1,207 | 0% |
| $1,208 | to | $2,414 | 2% |
| $2,415 | to | $3,621 | 2.5% |
| $3,622 | to | $4,828 | 3% |
| $4,829 | to | $6,035 | 3.5% |
| $6,036 | to | $7,242 | 4% |
| $7,243 | to | $8,449 | 4.5% |
| $8,450 | to | ∞ | 4.95% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $1,207 | 0% |
| $1,208 | to | $2,414 | 2% |
| $2,415 | to | $3,621 | 2.5% |
| $3,622 | to | $4,828 | 3% |
| $4,829 | to | $6,035 | 3.5% |
| $6,036 | to | $7,242 | 4% |
| $7,243 | to | $8,449 | 4.5% |
| $8,450 | to | ∞ | 4.95% |
Source: 2023 Missouri Tax Rate Chart, published by the Missouri Department of Revenue.
Please reference the Missouri tax forms and instructions booklet published by the Missouri Department of Revenue to determine if you owe state income tax or are due a state income tax refund. Missouri income tax forms are generally published at the end of each calendar year, which will include any last minute 2023 - 2024 legislative changes to the MO tax rate or tax brackets. The Missouri income tax rate tables and tax brackets shown on this web page are for illustration purposes only.
Missouri Tax Brackets 2023 - 2024
Looking at the tax rate and tax brackets shown in the tables above for Missouri, we can see that Missouri collects individual income taxes similarly for Single and Married filing statuses, for example. We can also see the progressive nature of Missouri state income tax rates from the lowest MO tax rate bracket of 2% to the highest MO tax rate bracket of 4.95%.
For single taxpayers living and working in the state of Missouri:
- Tax rate of 0% on the first $1,207 of taxable income.
- Tax rate of 2% on taxable income between $1,208 and $2,414.
- Tax rate of 2.5% on taxable income between $2,415 and $3,621.
- Tax rate of 3% on taxable income between $3,622 and $4,828.
- Tax rate of 3.5% on taxable income between $4,829 and $6,035.
- Tax rate of 4% on taxable income between $6,036 and $7,242.
- Tax rate of 4.5% on taxable income between $7,243 and $8,449.
- Tax rate of 4.95% on taxable income over $8,449.
For married taxpayers living and working in the state of Missouri:
- Tax rate of 0% on the first $1,207 of taxable income.
- Tax rate of 2% on taxable income between $1,208 and $2,414.
- Tax rate of 2.5% on taxable income between $2,415 and $3,621.
- Tax rate of 3% on taxable income between $3,622 and $4,828.
- Tax rate of 3.5% on taxable income between $4,829 and $6,035.
- Tax rate of 4% on taxable income between $6,036 and $7,242.
- Tax rate of 4.5% on taxable income between $7,243 and $8,449.
- Tax rate of 4.95% on taxable income over $8,449.
For the Single, Married Filing Jointly, Married Filing Separately, and Head of Household filing statuses, the MO tax rates and the number of tax brackets remain the same.
Last updated: November 21, 2023
References:
- Income Tax Year Changes. Missouri Department of Revenue, State of Missouri. Retrieved November 21, 2023.
- Resident individuals tax rates. Missouri Legislature, Revised Statutes Chapter 143 Income Tax Section 143-011-1. Retrieved November 21, 2023.
- States cranking out even more tax cuts amid cash surpluses. Lieb, David. The Associated Press, March 21, 2023. Retrieved November 21, 2023.
- Missouri Tax Package Would Set State Up for Success. Fritts, Janelle. Tax Foundation, April 10, 2023. Retrieved November 21, 2023.