Missouri eliminates capital gains tax for individual filers

According to the Missouri Department of Revenue, individuals can deduct 100% of all capital gains reported for federal income ...
Yahoo

Missouri Just Eliminated Capital Gains Taxes—Here’s What That Means for Home Sellers and Real Estate Investors

Starting in the 2025 tax year, Missouri will allow individuals to deduct 100% of capital gains reported on their federal tax return from their state taxable income, effectively eliminating the capital ...
SFGate

1 Million Retirees in Missouri Qualify for the 'Senior Deduction' Under Big, Beautiful Bill

The Trump administration's One Big Beautiful Bill Act (OBBBA) is set to reshape how millions of retirees experience federal taxation-including the 1 million retirees in Missouri who will now see their ...
Investopedia

4 New Tax Deductions in the 'Big, Beautiful Bill' You Can Take This Year

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...
CNBC

Do you qualify for the new $6,000 senior tax deduction?

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...
Investopedia

3 Tax Breaks That Will Change This Year Because of the 'Big, Beautiful Bill'

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Illustration ...
CNN

Who will — and won’t — benefit from the bigger SALT deduction

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law. The new ...