Missouri Reduces Top Individual Income Tax Rate

State revenue growth triggers a drop in Missouri’s top individual income tax rate from 5.9% to 5.8% for 2019. This follows a 2018 rate reduction from 6.0% to 5.9%.

Additional Rate Reduction

H.B. 2540 also reduces the top rate an additional 0.4% beginning in 2019. Thus, the top rate is 5.4% for 2019.

Press Release, Missouri Treasurer Eric Schmitt, July 11, 2018

Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.

Not a subscriber? Sign up for a free trial or contact us for a representative.



All stories by: CCHTaxGroup