Missouri Tax Exemptions Overview
For 2023, Social Security is exempt for single filers earning up to $85,000 (up to $100,000 for joint filers). In 2024, Missouri will exempt all Social Security retirement benefits and income from public pensions.
Sales Tax Exemptions in Missouri
- Purchase of goods for further manufacture or resale is exempt from sales tax.
- Exempt items: food in grocery stores, prescription medications, agricultural supplies.
Missouri Sales Tax Exemption Certificate
Filling out the Missouri Sales and Use Tax Exemption Certificate (Form 149) is critical for sellers. Without a correctly filled out form, sellers may owe additional taxes, penalties, and interest.
Additional Categories Exempt from Sales Tax in Missouri
| Category | Exemption Status |
|---|---|
| Manufacturing and Machinery | EXEMPT |
| Raw Materials | EXEMPT |
| Utilities & Fuel | EXEMPT |
| Medical Goods and Services | EXEMPT |
| Occasional Sales | EXEMPT * |
| Optional Maintenance Contracts | EXEMPT |
Tax-Exempt Purchases in Missouri
Missouri offers exemptions on sales to government entities, nonprofit organizations, prescription drugs, medical devices, grocery items, and educational materials to schools.
Missouri Tax-Free Holiday
Missouri suspends sales taxes on back-to-school items for a weekend during the Tax-Free Holiday, allowing families to prepare for the return to school without paying state or local sales taxes.
Obtaining Tax Exemptions in Missouri
Qualified social, civic, religious, political, educational organizations in Missouri can apply for sales tax exemption by completing Form 1746, Missouri Sales Tax Exemption Application.