C
CryptoTaxList
πŸ‡ΊπŸ‡Έ

Missouri

Crypto Tax Guide 2026

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.
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.
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.
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.
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.