Missouri Crypto Tax Calculator
We built this free crypto tax calculator for residents of Missouri who want to check calculations quickly. Our calculator is for informational purposes only. Please consult a CPA or tax professional. Use cryptocurrency tax accounting software if you have lots of trades.
Missouri taxes capital gains as regular income, with rates ranging from 0% to 4.95%. To calculate Federal taxes, please use our USA tax calculator.
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Calculate for freeMissouri Tax Brackets (2024)
| Taxable Income | Tax Rate |
|---|---|
| $0 to $1,207 | 0% |
| $1,207 to $2,414 | 2.00% |
| $2,414 to $3,621 | 2.50% |
| $3,621 to $4,828 | 3.00% |
| $4,828 to $6,035 | 3.50% |
| $6,035 to $7,242 | 4.00% |
| $7,242 to $8,449 | 4.50% |
| Over $8,449 | 4.95% |
Note: Same brackets apply to both single filers and married filing jointly.
Cryptocurrency Taxation in Missouri
Key Points
- Progressive Taxation: Missouri taxes crypto gains at rates from 0% to 4.95%.
- Same Brackets for All: Tax brackets are the same for single and married filers.
- No Distinction: Missouri makes no distinction between short-term and long-term gains.
- Mining Income: Crypto mining is treated as self-employment income and taxed at regular income rates.
Common Tax Situations
Trading & Investment
All crypto trades, including crypto-to-crypto transactions, are taxable events. Most traders with significant income will pay the top rate of 4.95% on their gains.
Tax Planning Tips
While Missouri has multiple tax brackets, the thresholds are relatively low. Most active traders will fall into the top bracket. Keep detailed records of all transactions for accurate reporting.