143.161. Missouri dependency exemptions. - Missouri Statutes

Missouri dependency exemptions.

143.161. 1. For all taxable years beginning after December 31, 1997,a resident may deduct one thousand two hundred dollars for each dependentfor whom such resident is entitled to a dependency exemption deduction forfederal income tax purposes. In the case of a dependent who has attainedsixty-five years of age on or before the last day of the taxable year, ifsuch dependent resides in the taxpayer's home or the dependent's own homeor if such dependent does not receive Medicaid or state funding whileresiding in a facility licensed pursuant to chapter 198, RSMo, the taxpayermay deduct an additional one thousand dollars.

2. For all taxable years beginning before January 1, 1999, a residentwho qualifies as an unmarried head of household or as a surviving spousefor federal income tax purposes may deduct an additional eight hundreddollars. For all taxable years beginning on or after January 1, 1999, aresident who qualifies as an unmarried head of household or as a survivingspouse for federal income tax purposes may deduct an additional onethousand four hundred dollars.

(L. 1972 S.B. 549, A.L. 1998 S.B. 675, et al., A.L. 1999 H.B. 516)