Missouri Capital Gains Tax Calculator
Missouri taxes capital gains as ordinary income at the state level, which means a gain on selling shares, property or other investments is added to your other income and taxed using the Missouri income tax brackets, with no separate preferential long-term rate like the federal system provides. This calculator estimates the Missouri state tax on a capital gain by stacking the gain on top of your other taxable income and applying the sourced Missouri Department of Revenue brackets for tax year 2024, then taking the difference. Enter your gain, your other annual taxable income and your filing status to see the state tax attributable to the gain and the effective rate on it. The result is the Missouri state portion only; federal capital gains tax, which has separate short-term and long-term rates set by the IRS, is calculated separately. Because the gain stacks on your other income, the same gain is taxed at a higher rate the more you already earn. Some states provide specific exclusions or preferential treatment for certain gains; this tool uses the standard ordinary-income method and links the Missouri Department of Revenue so you can confirm any special rule that applies to you.
Missouri taxes capital gains as ordinary income. A $20,000.00 gain on top of $60,000.00 of other income (single) adds about $0.00 in Missouri state tax, an effective rate on the gain of 0.00%.
How Missouri taxes capital gains
Missouri taxes capital gains as ordinary income, so the gain is added to your other income and taxed at the Missouri bracket rates.
state tax on gain = state income tax on (other income + gain) - state income tax on (other income)
effective rate on gain = state tax on gain / gain x 100
Missouri capital gains tax: frequently asked questions
How are capital gains taxed in Missouri?
Missouri taxes capital gains as ordinary income at the state level: the gain is added to your other taxable income and taxed using the Missouri income tax brackets published by the Missouri Department of Revenue. This calculator applies those brackets to your gain. Some states provide specific exclusions or rates for particular gains; confirm your situation with the Missouri Department of Revenue.
How much state tax will I pay on a $20,000.00 capital gain in Missouri?
Stacked on $60,000.00 of other income, a $20,000.00 gain adds about $0.00 of Missouri state income tax for a single filer, an effective rate on the gain of 0.00%. Your figure depends on your total income and filing status; enter them above.
Does Missouri have a separate long-term capital gains rate?
Most states, including the default treatment here, tax long-term and short-term capital gains at the same ordinary income rates, unlike the federal system which has preferential long-term rates. Any state-specific exclusion or preferential rate is set by the Missouri Department of Revenue; this calculator uses the ordinary income method and links the source.
What is Missouri's top income tax rate for 2024?
Missouri's top income tax rate for 2024 is 4.7%, applying to taxable income above $8,449. This rate became effective after the revenue trigger established by Senate Bill 3 (2022) was met following the 2022 fiscal year.
What standard deduction can Missouri filers claim?
Missouri conforms to the federal standard deduction. For 2024, that is $14,600 for single filers, $29,200 for married filing jointly, $21,900 for head of household, and $14,600 for married filing separately.
Is Missouri's income tax rate scheduled to fall further?
Yes. Missouri Senate Bill 3 includes additional revenue triggers that can reduce the top rate beyond 4.7%. If Missouri general revenue exceeds baseline thresholds by enough in a given fiscal year, the top rate will drop by a further 0.1 percentage point, potentially reaching as low as 4.5% in coming years, subject to those triggers being met.
Do Kansas City and St. Louis have a separate earnings tax?
Yes. Both Kansas City and St. Louis impose a local earnings tax of 1% on wages, salaries, and self-employment income earned within city limits. This tax is separate from Missouri state income tax and is collected directly by each city. Residents and non-residents who work inside city limits are subject to it.
Official sources
- Missouri income tax rates applied to capital gains (tax year 2024): Missouri Department of Revenue, as at Jun 12, 2026.
Reviewed by the CalculatorHub team, edited by James Graham, 25 June 2026. See our methodology. General information, not financial or tax advice. State-specific exclusions, if any, are set by the Missouri Department of Revenue.