HB 1200 -- Income Tax Deduction for Pensions

Sponsor:  Flook

Currently, public and private entity retirees may deduct up to
$6,000 of pension allowances received each year if their income
is not in excess of $32,000 for married or $25,000 for single
taxpayers.  This bill removes the income limitation when a
taxpayer reaches 65 years of age, allowing up to $6,000 of
retirement benefits to be deducted from state income tax
regardless of income.

Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:42 am