Updated May 10, 2026
Capital Gains: 0%Income Tax: 2%-4.7%Tax Summary
Missouri treats cryptocurrency as property, following federal IRS rules. Individuals deduct 100% of federal capital gains (0% state tax) effective 2026 tax year. Crypto ordinary income taxed at graduated state rates of 2%-4.7%.
Quick facts for Missouri, United States
Capital Gains Tax
0%Income Tax Rate
2%-4.7%Capital Gains Tax
0%β’ Crypto capital gains classified as federal capital gains from property sales.
β’ 100% subtraction of federally reported net capital gains (Form 1040, line 7) from Missouri AGI.
β’ Applies to short- and long-term gains on crypto; no asset-specific exclusions.
β’ Available to individuals only; effective tax years on/after Jan 1, 2026; no thresholds beyond filing requirements.
β’ 100% subtraction of federally reported net capital gains (Form 1040, line 7) from Missouri AGI.
β’ Applies to short- and long-term gains on crypto; no asset-specific exclusions.
β’ Available to individuals only; effective tax years on/after Jan 1, 2026; no thresholds beyond filing requirements.
Income Tax
2%-4.7%β’ Mining income taxed as ordinary income at fair market value on receipt.
β’ Staking rewards taxed as ordinary income when received or credited.
β’ Follows federal rules; added to Missouri AGI without deduction.
β’ Graduated rates apply based on total taxable income brackets.
β’ Staking rewards taxed as ordinary income when received or credited.
β’ Follows federal rules; added to Missouri AGI without deduction.
β’ Graduated rates apply based on total taxable income brackets.
Reporting Requirements
β’ Report federal AGI on MO-1040; subtract cap gains on Schedule MO-A, line 12.
β’ No Missouri-specific crypto forms or transaction reporting.
β’ File MO-1040 if federal return required or Missouri AGI over $1,200 (single); deadline April 15.
β’ No Missouri-specific crypto forms or transaction reporting.
β’ File MO-1040 if federal return required or Missouri AGI over $1,200 (single); deadline April 15.
Special Notes
β’ First state with full individual cap gains deduction via HB 594 (effective 2026).
β’ Applies to all federal cap gains including crypto, stocks, real estate.
β’ Pro-crypto stance: legislation for state Bitcoin reserve and crypto as legal tender payments.
β’ Consult DOR for 2026 updates; federal reporting (1099-DA) starts 2026.
β’ Applies to all federal cap gains including crypto, stocks, real estate.
β’ Pro-crypto stance: legislation for state Bitcoin reserve and crypto as legal tender payments.
β’ Consult DOR for 2026 updates; federal reporting (1099-DA) starts 2026.
Other US States
Compare state-level crypto tax differences across the United States.
Alabama
CG: 2-5%Income: 2-5%
Alaska
CG: 0%Income: 0%
Arizona
CG: 2.5%Income: 2.5%
Arkansas
CG: 0-3.7% (50% deduction on long-term gains)Income: 0-3.7%
California
CG: 1%-13.3%Income: 1%-13.3%
Colorado
CG: 4.4% (flat rate)Income: 4.4% (flat rate)
Connecticut
CG: 2-6.99%Income: 2-6.99%
Delaware
CG: 2.2%-6.6%Income: 2.2%-6.6%
District of Columbia
CG: 4-10.75% (taxed as ordinary income)Income: 4-10.75%
Florida
CG: 0%Income: 0%
Georgia
CG: 5.19%Income: 5.19%
Hawaii
CG: Varies: short-term 1.4-11%, net long-term up to 7.25%Income: 1.4-11%
Idaho
CG: 0-5.3%Income: 0-5.3%
Illinois
CG: 4.95% (flat rate)Income: 4.95% (flat rate)
Indiana
CG: 2.95% state + 0.5%-3% local county (varies)Income: 2.95% state + 0.5%-3% local county (varies)
Iowa
CG: 3.8%Income: 3.8%
Kansas
CG: 5.2%-5.58%Income: 5.2%-5.58%
Kentucky
CG: 3.5%Income: 3.5%
Louisiana
CG: 3%Income: 3%
Maine
CG: 5.8%-9.15% (taxed as ordinary income)Income: 5.8%-9.15%
Maryland
CG: 2%-6.5% state + 2.25%-3.2% local; +2% surtax on net gains if FAGI >$350,000Income: 2%-6.5% state + 2.25%-3.2% local (varies by county)
Massachusetts
CG: 5% (LTCG), 8.5% (STCG) + 4% surtax >$1,083,150Income: 5% + 4% surtax >$1,083,150
Michigan
CG: 4.25%Income: 4.25%
Minnesota
CG: 5.35%-9.85% (+1% NIIT on net investment income > $1M)Income: 5.35%-9.85%
Mississippi
CG: 0% on first $10,000; 4.4% thereafterIncome: 0% on first $10,000; 4.4% thereafter
Montana
CG: Long-term: 3.0%-4.1%; Short-term: 4.7%-5.65%Income: 4.7%-5.65%
Nebraska
CG: 2.46%-4.55% (taxed as ordinary income)Income: 2.46%-4.55%
Nevada
CG: 0%Income: 0%
New Hampshire
CG: 0%Income: 0%
New Jersey
CG: 1.4%-10.75% (as ordinary income)Income: 1.4%-10.75%
New Mexico
CG: 1.5% - 5.9%Income: 1.5% - 5.9%
New York
CG: 4-10.9% (state) + 3.078-3.876% (NYC)Income: 4-10.9% (state) + 3.078-3.876% (NYC)
North Carolina
CG: 3.99% (taxed as ordinary income)Income: 3.99%
North Dakota
CG: Short-term: 0%-2.5%; Long-term: effective 0%-1.5% after 40% exclusionIncome: 0%-2.5%
Ohio
CG: 2.75% (flat on income > $26,050)Income: 2.75% (flat on income > $26,050)
Oklahoma
CG: 0%-4.5%Income: 0%-4.5%
Oregon
CG: 4.75%-9.9%Income: 4.75%-9.9%
Pennsylvania
CG: 3.07% (flat rate)Income: 3.07% (flat rate)
Rhode Island
CG: 3.75%-5.99%Income: 3.75%-5.99%
South Carolina
CG: 1.99%-5.21% (44% deduction for net long-term capital gains)Income: 1.99%-5.21%
South Dakota
CG: 0%Income: 0%
Tennessee
CG: 0%Income: 0%
Texas
CG: 0%Income: 0%
Utah
CG: 4.5%Income: 4.5%
Vermont
CG: 3.35%-8.75%Income: 3.35%-8.75%
Virginia
CG: 2-5.75%Income: 2-5.75%
Washington
CG: 7% on long-term gains exceeding $278,000 (2025 threshold, inflation-adjusted)Income: 0% (no state income tax)
West Virginia
CG: 2.11% - 4.58% (taxed as ordinary income)Income: 2.11% - 4.58%
Wisconsin
CG: 3.5%-7.65% (30% subtraction for long-term)Income: 3.5%-7.65%
Wyoming
CG: 0%Income: 0%
Missouri Crypto Tax FAQ
Is cryptocurrency taxed in Missouri?
Missouri treats cryptocurrency as property, following federal IRS rules. Individuals deduct 100% of federal capital gains (0% state tax) effective 2026 tax year. Crypto ordinary income taxed at graduated state rates of 2%-4.7%.
What is the crypto capital gains tax rate in Missouri?
The state-level capital gains treatment in Missouri is currently listed as 0%.
How do I report crypto taxes in Missouri?
β’ Report federal AGI on MO-1040; subtract cap gains on Schedule MO-A, line 12.
Compare With Other Countries
Disclaimer: This information is AI-generated and for educational purposes only. Tax laws are complex and subject to change. Always consult with a qualified tax professional for advice specific to your situation.