Get Mo Mo-cr 2024-2025

Completing the MO MO-CR form online is essential for Missouri residents claiming credits for income taxes paid to other states or political subdivisions. This guide will provide clear, step-by-step instructions to help you fill out this form accurately.

Follow the steps to successfully complete your MO MO-CR online.

1. Click the ‘Get Form’ button to obtain the form and open it for editing.
2. Fill in your name and Social Security number in the designated fields at the top of the form.
3. If applicable, enter your spouse’s name and Social Security number.
4. Identify if you are claiming a resident credit as a shareholder of an S corporation by filling out MO-CR, Schedule 1 as needed.
5. Line 1: Enter your total adjusted gross income as reported on Form MO-1040, Line 1Y or 1S.
6. Line 2: Input the Missouri income tax as shown on Form MO-1040, Line 30Y or 30S, specifying the state or political subdivision.
7. Line 3: Report your wages and commissions from other states or the District of Columbia.
8. Line 4: Provide details of any other income, specifying the type of income in the description field.
9. Line 5: Add Lines 3 and 4 together for your total income.
10. Line 6: Subtract related adjustments from Line 5 if applicable.
11. Line 7: Calculate the net amounts by subtracting Line 6 from Line 5.
12. Line 8: Determine the percentage of your income taxed by dividing Line 7 by Line 1.
13. Line 9: Multiply the amount from Line 2 by the percentage calculated on Line 8.
14. Line 10: Enter the income tax imposed by another state or political subdivision, considering necessary deductions.
15. Line 11: Claim the smaller amount from Line 9 or Line 10, as this will be the credit amount you report on Form MO-1040.
16. Review all information for accuracy before saving your changes.
17. Once completed, download, print, save, or share the form as needed.

Start completing your MO MO-CR form online today to ensure you receive the credits you are entitled to.