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Archer Medical Savings Account (MSA) in Missouri 2026

Calculate your archer medical savings account (msa) tax savings in Missouri. With Missouri's 4.8% top state tax rate, your combined savings are higher.

Missouri Tax Overview

State Income Tax
4.8%
progressive
Sales Tax
4.225%
avg combined: 8.29%
Property Tax Rate
0.91%
Median Income
$60,374

Top rate 4.8%. Federal income tax deduction allowed. Uses federal standard deduction.

Missouri Income Tax Brackets (Single)

0%
$0 - $1,207
2%
$1,207 - $2,414
2.5%
$2,414 - $3,621
3%
$3,621 - $4,828
3.5%
$4,828 - $6,035
4%
$6,035 - $7,242
4.5%
$7,242 - $8,449
4.8%
$8,449 +
Your bracket
$1,032
Est. Total Savings
$3,850
Max Deduction
Above-the-Line
Deduction Type
26.8%
Combined Tax Rate

Archer Medical Savings Account (MSA) Savings Calculator for Missouri

$
$

Federal Savings

$847

22% bracket

Missouri State

$185

4.8% rate

Total Savings

$1,032

26.8% combined

At a 26.8% combined tax rate in Missouri, every $1,000 in deductions saves you $268 in taxes.

Savings by Tax Bracket in Missouri

10%
$740
12%
$840
22%
$1,340
24%
$1,440
32%
$1,840
35%
$1,990
37%
$2,090

Includes 4.8% Missouri state tax on top of federal savings.

Eligibility Requirements

Self-employed individuals or employees of small employers with high-deductible health plans

  • 1Must have qualifying high-deductible health plan
  • 2Self-employed or employee of small employer (50 or fewer)
  • 3No new Archer MSAs — only existing accounts

Missouri residents should verify that this deduction is also recognized on their state tax return for additional savings of up to 4.8%.

Common Mistakes to Avoid

  • !Trying to open a new Archer MSA (no longer available)
  • !Not rolling over to an HSA for better benefits
  • !Using funds for non-qualified medical expenses
  • !Forgetting to claim the deduction on your Missouri state return (missing up to 4.8% additional savings)

Missouri Filing Tips

Use Missouri's federal income tax deduction. Federal standard deduction applies. Social Security exempt if AGI below $100K (married). Property tax credit for seniors.

Required Tax Forms

Form 8853Form 1040

File these forms with your federal tax return to claim the archer medical savings account (msa). Missouri may require additional state-specific forms.

Other Tax Deductions in Missouri

Medical & Dental Expenses

Medical

~$3,655
est. savings

Self-Employed Health Insurance

Medical

~$6,091
est. savings

HSA Contribution Deduction

Medical

~$2,193
est. savings

Long-Term Care Insurance

Medical

~$2,436
est. savings

Medical Travel Expenses

Medical

~$975
est. savings

Flexible Spending Account (FSA)

Medical

~$1,096
est. savings

Medical Equipment & Devices

Medical

~$1,827
est. savings

Therapy & Counseling

Medical

~$2,436
est. savings

Archer Medical Savings Account (MSA) in Neighboring States

Iowa

3.8% top rate (flat)

~$1,759
+727 vs Missouri

Illinois

4.95% top rate (flat)

~$1,837
+805 vs Missouri

Kentucky

4% top rate (flat)

~$1,773
+741 vs Missouri

Tennessee

No state income tax

~$1,500
+468 vs Missouri

Arkansas

4.7% top rate (progressive)

~$1,820
+788 vs Missouri

Oklahoma

4.75% top rate (progressive)

~$1,824
+792 vs Missouri

Kansas

5.7% top rate (progressive)

~$1,889
+857 vs Missouri

Nebraska

5.84% top rate (progressive)

~$1,898
+866 vs Missouri

Tax Calculators for Missouri Cities

Kansas CitySt. LouisSpringfieldColumbiaIndependenceLee's SummitLee's SummitOFallonSt. JosephSt. Charles

Calculate Your Full Tax Savings in Missouri

Use our free tax calculators to optimize your entire tax return for Missouri.

Income Tax CalculatorMissouri Income TaxFull Archer Medical Savings Account (MSA) Guide

Frequently Asked Questions

How much can I save with the Archer Medical Savings Account (MSA) in Missouri?

In Missouri, the archer medical savings account (msa) can save you an estimated $1,032 per year on a $5,000 deduction. This includes $847 in federal tax savings and $185 in Missouri state tax savings at the 4.8% marginal rate. The national average savings is $1,500/year.

What is the Missouri state income tax rate?

Missouri has a progressive income tax system with a top rate of 4.8%. Top rate 4.8%. Federal income tax deduction allowed. Uses federal standard deduction.

Who qualifies for the Archer Medical Savings Account (MSA) in Missouri?

Self-employed individuals or employees of small employers with high-deductible health plans. The eligibility requirements are the same whether you live in Missouri or another state, as this is a federal tax deduction. However, your total savings will vary based on Missouri's 4.8% top state tax rate.

What tax forms do I need to claim the Archer Medical Savings Account (MSA) in Missouri?

To claim the archer medical savings account (msa), you need to file Form 8853 and Form 1040 with your federal return. Missouri residents should also check if the state allows this deduction on their state return for additional savings of up to 4.8%. Filing status affects your deduction limits and tax bracket.

Is the Archer Medical Savings Account (MSA) better in Missouri than in states without income tax?

Yes, Missouri residents benefit more because the state's 4.8% top income tax rate means the deduction reduces both your federal AND state tax liability. In states with no income tax (like Texas, Florida, or Nevada), this deduction only reduces federal taxes. Your combined rate of 26.8% means more savings per dollar deducted.

What is the standard deduction in Missouri for 2026?

Missouri's standard deduction is $14,600 for single filers and $29,200 for married filing jointly. Use Missouri's federal income tax deduction. Federal standard deduction applies. Social Security exempt if AGI below $100K (married). Property tax credit for seniors.

Related Calculators

Medical & Dental Expenses in Missouri

Avg savings: $3,000/year

Self-Employed Health Insurance in Missouri

Avg savings: $5,000/year

HSA Contribution Deduction in Missouri

Avg savings: $1,800/year

Long-Term Care Insurance in Missouri

Avg savings: $2,000/year

Medical Travel Expenses in Missouri

Avg savings: $800/year

Flexible Spending Account (FSA) in Missouri

Avg savings: $900/year