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Casualty and Theft Losses in St. Louis, MO 2026

Calculate your casualty and theft losses tax savings in St. Louis, Missouri. With Missouri's 4.8% state tax rate, your combined savings are higher.

Missouri Tax Context

State Income Tax
4.8%
Local Income Tax
1%
Property Tax Rate
0.96%
Tax Burden
Moderate

St. Louis earnings tax of 1%; independent city; high combined sales tax

$1,390
Est. Total Savings
No Limit
Max Deduction
Itemized
Deduction Type
27.8%
Combined Tax Rate

Casualty and Theft Losses Savings Calculator for St. Louis

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Federal Savings

$1,100

22% bracket

Missouri State

$240

4.8% rate

Local Tax

$50

1% rate

Total Savings

$1,390

27.8% combined

At a 27.8% combined tax rate in St. Louis, every $1,000 in deductions saves you $278 in taxes.

Savings by Tax Bracket in St. Louis

10%
$790
12%
$890
22%
$1,390
24%
$1,490
32%
$1,890
35%
$2,040
37%
$2,140

Includes 4.8% Missouri state tax + 1% local tax on top of federal savings.

Eligibility Requirements

Available to individuals who suffer losses from federally declared disasters. Since 2018, personal casualty losses are only deductible if attributable to a federally declared disaster.

  • 1Loss must result from a federally declared disaster
  • 2Must reduce loss by insurance reimbursements
  • 3Each casualty loss must exceed $100
  • 4Total losses must exceed 10% of AGI

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

  • !Claiming losses not from federally declared disasters
  • !Not filing insurance claims before taking deduction
  • !Incorrect valuation of damaged property
  • !Missing the deadline to amend returns for disaster losses
  • !Forgetting to claim the deduction on your Missouri state return (missing 4.8% additional savings)
  • !Not checking if St. Louis's local income tax allows this deduction (1% potential additional savings)

Required Tax Forms

Form 4684Schedule A

File these forms with your federal tax return to claim the casualty and theft losses. Missouri may require additional state-specific forms.

Other Tax Deductions in St. Louis, MO

Alimony Payments (Pre-2019 Agreements)

Personal

~$22,745
est. savings

Casualty and Theft Loss (Federal Disaster)

Personal

~$18,955
est. savings

Alimony Paid (pre-2019)

Personal

~$6,318
est. savings

Adoption Expenses

Personal

~$10,109
est. savings

Impairment-Related Work Expenses

Personal

~$3,791
est. savings

Tax Preparation Fees (State)

Personal

~$505
est. savings

Casualty and Theft Loss (Federally Declared)

Personal

~$6,318
est. savings

Qualified Disaster Losses

Personal

~$12,636
est. savings

Casualty and Theft Losses in Other Missouri Cities

Kansas City, MO

4.8% state + 1% local

~$3,791
+2,401 vs St. Louis

Springfield, MO

4.8% state tax

~$3,655
+2,265 vs St. Louis

Columbia, MO

4.8% state tax

~$3,655
+2,265 vs St. Louis

Independence, MO

4.8% state tax

~$3,655
+2,265 vs St. Louis

Lee's Summit, MO

4.8% state tax

~$3,655
+2,265 vs St. Louis

Lee's Summit, MO

4.95% state + 1.35% local

~$3,859
+2,469 vs St. Louis

OFallon, MO

4.95% state + 1.24% local

~$3,844
+2,454 vs St. Louis

St. Joseph, MO

4.95% state + 1.35% local

~$3,859
+2,469 vs St. Louis

Calculate Your Full Tax Savings in St. Louis

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

Income Tax CalculatorTaxes in St. LouisFull Casualty and Theft Losses Guide

Frequently Asked Questions

How much can I save with the Casualty and Theft Losses in St. Louis, MO?

In St. Louis, Missouri, the casualty and theft losses can save you an estimated $1,390 per year. This includes $1,100 in federal tax savings and $240 in Missouri state tax savings plus $50 in local tax savings. The national average savings is $3,000/year.

What is the Missouri state income tax rate for St. Louis residents?

Missouri has a 4.8% state income tax rate. St. Louis residents also pay a 1% local income tax, bringing the combined state/local rate to 5.8%. St. Louis earnings tax of 1%; independent city; high combined sales tax

Who qualifies for the Casualty and Theft Losses in St. Louis?

Available to individuals who suffer losses from federally declared disasters. Since 2018, personal casualty losses are only deductible if attributable to a federally declared disaster.. The eligibility requirements are the same whether you live in St. Louis or elsewhere in the U.S., as this is a federal tax deduction. However, your savings amount will vary based on Missouri's 4.8% state tax rate.

What tax forms do I need to claim the Casualty and Theft Losses in Missouri?

To claim the casualty and theft losses, you need to file Form 4684 and Schedule A with your federal return. Missouri residents should also check if the state allows this deduction on their state return, which could provide an additional 4.8% savings. Filing status affects your deduction limits and tax bracket.

Is the Casualty and Theft Losses better in St. Louis than in states without income tax?

Yes, St. Louis residents benefit more because Missouri's 4.8% state income tax 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 27.8% means more savings per dollar deducted.

Related Calculators

Alimony Payments (Pre-2019 Agreements) in St. Louis

Avg savings: $18,000/year

Casualty and Theft Loss (Federal Disaster) in St. Louis

Avg savings: $15,000/year

Alimony Paid (pre-2019) in St. Louis

Avg savings: $5,000/year

Adoption Expenses in St. Louis

Avg savings: $8,000/year

Impairment-Related Work Expenses in St. Louis

Avg savings: $3,000/year

Tax Preparation Fees (State) in St. Louis

Avg savings: $400/year