Financial Benefits for Veterans in Missouri
1 Financial benefit for veterans in Missouri.
Not affiliated with the U.S. Department of Veterans Affairs or any state agency. Verify all benefits with the official source.
Financial
Military Retirement Pay Income Tax Exemption
Missouri fully exempts military retirement income from state income tax with no income cap, effective for tax years beginning January 1, 2024. This includes regular, Reserve, and Guard retirement pay.
Eligibility: Missouri residents receiving military retirement pay from the U.S. Armed Forces, Reserves, or National Guard.
Estimated value: 100% of military retirement income exempt from Missouri income tax
How to apply: Deduct qualifying military retirement income on your Missouri Form MO-1040; see the Department of Revenue Military Reference Guide for details.
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Last verified July 16, 2026