Is my military retirement pay exempt from taxes in Missouri

[MichaelL1 · Accepted solution]

Yes

 Military Pension Exemption: Beginning January 1, 2016, all military pension income will be tax free in Missouri. 

[pcavesina]

Missouri Statute, RSMO 143.174 clearly states the deduction is for "Active Duty" military member. What are you referencing for retired pay?

[pcavesina]

Missouri Statute, RSMO 143.174 clearly states the deduction is for "Active Duty" military member. What are you referencing for retired pay?

[MichaelL1]

<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/6470720">https://ttlc.intuit.com/replies/6470720</a>

[MichaelL1]

<a rel="nofollow" target="_blank" href="http://dor.mo.gov/personal/ptc/documents/pension_001.pdf">http://dor.mo.gov/personal/ptc/documents/p...>

[tamjim]

Simply saying "Yes" is incorrect and misleading.  The answer to this should include more details about the income limits that affect the exemption of military retirement pay.

[MichaelL1]

<a rel="nofollow" target="_blank" href="https://www.military.com/benefits/military-pay/state-retirement-income-tax.html">https://www.militar...>

[MichaelL1]

Page 8 & 9 have the income limits you are referring to.<a rel="nofollow" target="_blank" href="https://dor.mo.gov/forms/Military%20Reference%20Guide.pdf">https://dor.mo.gov/forms/Military%20Refer...>

[bobshillito]

If Turbotax says all military pension income is tax free Missouri since January 1, 2016,  why does the Turbotax "Missouri Pension and Retirement Adjustment Results" screen indicate a $0 exemption for my military pension? 

[BillM223]

1. Did you indicate in the 1099-R interview that this was a military pension, in the screens after you enter the 1099-R?

2. In the Missouri interview, did you see the screens starting with "Missouri Pension and Retirement Adjustment"? The screens that follow should show you the calculations.

A brief glance suggests that your Social Security is netted against your military pension. Then look at Form MO-A, Part 3, Sections A, D, and E. If Section E is zero or blank, then your military pension exemption got reduced to zero.

[bobshillito]

I will check with my Missouri Military Liaison to confirm the SSA linkage and thus zero deduction; however, the Turbotax "Pension and Retirement Adjustment Results" screen should still have a dollar figure in it rather than be blank. A blank transmits no information at all!!  More to follow.