Summary of the Introduced Bill

HB 765 -- Income Tax:  Credit for Taxes Paid to Another State

Sponsor:  Roark

This bill allows a resident taxpayer who was domiciled in another
state for at least 30 consecutive days and had income from that
state to exclude that income from the computation of Missouri
individual income tax.  Under current law, the resident taxpayer
must include the non-Missouri source income in the computation of
Missouri individual income tax and take a credit against Missouri
taxes for the amount of taxes paid to the other state.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:13 am