How much of my IRA contribution can I use as MO Source Adjustments to Federal Income on MO-NRI?
The Missouri sourced income is approximately 14% of my total income. My only "earned income" was from Missouri. The balance of my income comes from pensions and investments. I am a Texas resident. I could not find any explanation or MO-NRI instructions related to my situation.
011284
1 Best answer
DS30
New Member
Jun 5, 2019 3:42:47 PM
It depends but if your only source of earned income being reported on your federal income tax return is MO-sourced, then you will be able to allocate 100% on your IRA contribution as an MO source adjustment to your federal income on MO-NRI.
1 Replies
DS30
New Member
Jun 5, 2019 3:42:47 PM
It depends but if your only source of earned income being reported on your federal income tax return is MO-sourced, then you will be able to allocate 100% on your IRA contribution as an MO source adjustment to your federal income on MO-NRI.