Missouri taxes capital gains at 4.8%. Combined with federal taxes, your effective rate on a home sale could reach 23.6%.
MO State Rate
4.8%
Top marginal rate
Federal Rate
15%
Most common long-term bracket
Combined Effective
23.6%
On $150K taxable gain (example)
After the $250K/$500K exclusion, here's what a typical seller might owe.
If Missouri is where your primary residence is located and you've lived there at least 2 of the last 5 years, you can exclude up to $250K (single) or $500K (married filing jointly) of your capital gain from both federal and state taxes.
Investment and rental properties in Missouri don't qualify for the exclusion. You'll owe 4.8% state tax plus federal tax on the full gain, plus 25% depreciation recapture on any depreciation claimed.
In Missouri, homes sold in October sell for 13% more than those sold in January (-17%). Timing your sale right can offset a significant portion of your tax bill.
Capital gains tax rates on home sales in Missouri and nearby states.
| State | Rate | Tax on $150K Gain | Notes |
|---|---|---|---|
| 0% | $0 | No state income tax | |
| 3.8% | $5,700 | Flat tax (2026) | |
| 4% | $6,000 | Flat tax rate | |
| 4.4% | $6,600 | Top marginal rate | |
| 4.75% | $7,125 | Top marginal rate | |
MissouriYou | 4.8% | $7,200 | Top marginal rate |
| 4.95% | $7,425 | Flat tax rate | |
| 5.7% | $8,550 | Top marginal rate | |
| 5.84% | $8,760 | Top marginal rate |
Selling in Tennessee instead of Missouri would save $7,200 in state tax on a $150K gain.
Missouri taxes capital gains as ordinary income with a top marginal rate of 4.8%.
The Kansas City and St. Louis metros drive the majority of market activity. Both have seen steady appreciation.
Missouri borders eight states, creating diverse cross-border dynamics. The Kansas City metro straddles the Kansas-Missouri border.
The state does not offer preferential capital gains rates. All gains are subject to the standard progressive income tax.
Offering buyer concessions?
Our sister tool helps you model different scenarios and maximize your position.