Missouri law allows for a deduction for public pensions, private pensions, social security and social security disability payments and military pensions on the 2017 Missouri income tax return if certain income limitations are met. Individuals may take an exemption for social security and disability social security benefits. The 2017 exemption amount is 100 percent of the taxable amount.
You may qualify for a complete or partial tax exemption based on your income level, filing status, and age. Please see the qualifications below.
Qualifications:
1. The taxpayer must be 62 years of age or older or receiving Social Security Disability benefits.
2. The taxpayer must meet the income limitations below:
- Single, Head of Household, Married Filing Separate, and Qualifying Widow(er): $85,000
- Married Filing Jointly: $100,000
If a taxpayer’s income exceeds the limitations for receiving the allowable social security and social security disability exemption the taxpayer may still qualify for a partial exemption. The social security and social security disability exemption must be decreased by the amount the taxpayer’s income exceeds the income limitation. The exemption is reduced by one dollar for every dollar that the taxpayer’s income exceeds the limitation.
The information above was taken from page 9 of the link below.
http://dor.mo.gov/forms/4711_2017.pdf
