Form MO-1040V Download Fillable PDF or Fill Online Individual Income

How to File and Pay Sales Tax in Missouri

If you're a resident of Missouri and own a business, you know the importance of filing and paying your sales tax. If you don't, you may be liable for penalties, interest, and other fees. Fortunately, the process of filing and paying sales tax in Missouri is relatively straightforward. The key to avoiding any penalties or interest is to pay your taxes on time and in full. In this guide, we'll explain the process and provide you with some tips for filing and paying your Missouri sales tax.

Step 1 – Understand your Missouri Sales Tax Obligations

Before you can file and pay your taxes, it's important to understand your specific Missouri sales tax obligations. This will help you determine the exact amount you need to pay. It's also a good idea to make sure you have the correct filing form and to check the rules every year.

In Missouri, the state retail sales tax rate is 4.225%. This applies to sales of general merchandise, hotels, restaurants, and utilities. There are also additional county and municipal taxes that might be applicable depending on where the transaction took place.

It's also important to note that certain services are not subject to sales tax in Missouri. These include professional services such as accounting, legal, medical, and other services that do not involve the sale of a tangible product.

Step 2 – Choose the Right Sales Tax Filing Frequency

In Missouri, businesses have the option to file sales tax returns on either a monthly or semi-annual basis. If you file monthly, you'll need to submit your returns by the 15th of the month following the end of the filing period (e.g. returns for June would be due July 15). Businesses that have annual gross receipts of $600 or less are exempt from filing sales tax returns.

Step 3 – Pay the Correct Sales Tax Amount and File Your Returns

Once you've completed your filing form, you'll need to pay the correct sales tax amount. The easiest way to do this is to use the Missouri Department of Revenue's online system. You'll need to provide information such as your state ID number, the total sales tax due, and your bank account information. Once you've paid your taxes, you'll need to submit your return either online or by mail. The Department of Revenue will assess any penalties or interest after they process your return.

FAQs

What is the sales tax rate in Missouri?

The state retail sales tax rate in Missouri is 4.225%. Additionally, there are county and municipal taxes which may apply depending on the location of the transaction.

Are all services subject to sales tax in Missouri?

No, certain professional services such as accounting, legal, and medical services are exempt from sales tax in Missouri.

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