2018 ProSeries/Missouri Readme
Release 2018.280
Contents
Items addressed in this release
Items addressed in previous releases
What's new for ProSeries/Missouri
Forms
Electronic filing
Additional Information
Items addressed in this release
- Error checking, general enhancements. Various improvements to data validations, error checks updated.
Items addressed in previous releases
The following has been updated and finalized since the previous
release:
- Form MO-2210, Underpayment of Estimated Tax by Individuals has been updated to the latest version released by Missouri. The required tax payment percentage has been reduced from 90% to 85%. Farmer exempt due date has been extended from March 1, 2019 to April 15, 2019.
- Form MO-SHC, Self-Employed Health Insurance Tax Credit has been updated to the latest version released by Missouri.
- Form MO-60, Application for Extension of Time to File
- Form MO-1040ES, Missouri Estimated Tax Voucher
- Form E-1, City of St. Louis, Individual Earnings Tax Return
- Form E-1R, City of St. Louis, Individual Earnings Tax Return, Refund Request
- Form E-234, City of St. Louis, Earnings Tax Return
- Form RD-108, City of Kansas City, Profits Return Earnings Tax
- Form RD-108B, City of Kansas City, Profits Return Earnings Tax, Schedule C, Y, Z
- Form RD-109, City of Kansas City, Wage Earner Return Earnings Tax
- Form RD-109NR, City of Kansas City, Non Resident Schedule Wage Earner Return
- Form MO-1040, Missouri Resident
- Form MO-TC, Miscellaneous Tax Credits
- Form MO-SCC, Shared Care Tax Credit
- Form 5632, MOST - Missouri’s 529 College Savings Plan
- Form MO-2210, Underpayment of Estimated Tax
- Form MO-8453, Electronic Filing Declaration
- Form MO-A, Individual Income Tax Adjustments
- Form MO-HEA, Home Energy Audit Expense
- Form MO-CR, Credit for Taxes Paid to Other States
- Form MO-PTC, Property Tax Credit
- Form MO-PTS, Property Tax Credit
- Form MO-CRP, Certification of Rent Paid
- Form MO-NRI, Nonresident Income Percentage
What's new for ProSeries/Missouri
The following items are new for tax year 2018:
- Missouri Tax Rates - The Missouri Tax Rate Chart has a slight increase in income threshold ranges, resulting in a reduction in tax for most income tax filers.
- MO-2210 Underpayment Penalty Rate Increased - Missouri Form MO-2210 has increased the Short Method calculation rate to .02938 and the Regular Method calculation has increased to 4% for all four quarters.
- Business Income Deduction - Missouri allows a 5% subtraction of Missouri sourced business income. This deduction is claimed on Form MO-A, line 17.
- Form 5674 - Missouri requires a copy of Form 5674 completed by the landlord to be attached if the Missouri return is claiming rent paid on Form MO-CRP.
- Missouri 2019 Estimate Tax Rates - Missouri's 2019 Estimate Tax Rate Chart also increased threshold ranges, resulting in lower estimate taxes for 2019.
Forms
Missouri returns can be filed in this version of ProSeries/Missouri.
The Missouri Department of Revenue has approved for filing all forms and schedules included in this version of ProSeries/Missouri.
Electronic Filing
Important: Electronic filing is available in this release
of ProSeries/Missouri.
For a list of forms that can be e-filed, go to What's New This Year in Help Center.
Additional Information
Check all returns after printing
The Missouri Department of Revenue scans computer-generated forms to quickly
process the income tax returns it receives. To meet the requirements for
producing computer-generated forms, ProSeries is required to limit the width of
the tax information printed on forms that are scanned. In certain cases, data
you entered may be truncated. After completing a tax return, review the
information that prints (for example, mailing address information), make any
necessary changes, and reprint the return before mailing it.
About barcodes on printed state returns
Some states use barcodes on computer-printed tax forms. This special formatting
allows the state taxing authorities to process returns more quickly and
efficiently. On-screen, you'll see only a small representation of the bar code
on the lower-left side of the form. This image is static and does not change
based on the information in the return. However, when you print the return, the
bar code appears as a large rectangular box on the first page of the form. The
width of the bar code is constant; the height varies according to the data in
the return. In general, the more complex the return, the larger the printed bar
code.
Returns that contain special formatting may be processed at a different location than
manually-prepared returns. Therefore, the filing instructions that print with
the state return may contain a mailing address that's different from the
mailing address in the package that is sent to taxpayers. Be sure to have your
clients mail their returns to the address in the filing instructions that print
with the return.
Important: Because the barcode image is a function of the data in
the tax return, it's important that you reprint the page with the bar code if
changes are made to any part of the return. Also, do not print blank copies of
the main form and prepare them manually. The Missouri taxing authority may attempt to
scan the form and reject it.
End of ReadMe file for ProSeries/Missouri