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Rental Property Expenses in St. Louis, MO 2026

Calculate your rental property expenses 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
Rental
Deduction Type
27.8%
Combined Tax Rate

Rental Property Expenses 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

Landlords with rental income

  • 1Ordinary and necessary expenses
  • 2Properly documented
  • 3Related to rental activity

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

  • !Not separating personal use
  • !Missing small expenses
  • !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

Schedule E

File these forms with your federal tax return to claim the rental property expenses. Missouri may require additional state-specific forms.

Other Tax Deductions in St. Louis, MO

Mortgage Interest Deduction

Housing

~$4,423
est. savings

Property Tax Deduction

Housing

~$2,780
est. savings

Home Office Deduction

Housing

~$1,516
est. savings

Home Energy Tax Credit

Housing

~$1,800
est. savings

Residential Solar Tax Credit

Housing

~$7,500
est. savings

Military Moving Expenses

Housing

~$5,055
est. savings

PMI Premium Deduction

Housing

~$1,390
est. savings

Mortgage Points Deduction

Housing

~$2,527
est. savings

Rental Property Expenses in Other Missouri Cities

Kansas City, MO

4.8% state + 1% local

~$6,318
+4,928 vs St. Louis

Springfield, MO

4.8% state tax

~$6,091
+4,701 vs St. Louis

Columbia, MO

4.8% state tax

~$6,091
+4,701 vs St. Louis

Independence, MO

4.8% state tax

~$6,091
+4,701 vs St. Louis

Lee's Summit, MO

4.8% state tax

~$6,091
+4,701 vs St. Louis

Lee's Summit, MO

4.95% state + 1.35% local

~$6,432
+5,042 vs St. Louis

OFallon, MO

4.95% state + 1.24% local

~$6,407
+5,017 vs St. Louis

St. Joseph, MO

4.95% state + 1.35% local

~$6,432
+5,042 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 Rental Property Expenses Guide

Frequently Asked Questions

How much can I save with the Rental Property Expenses in St. Louis, MO?

In St. Louis, Missouri, the rental property expenses 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 $5,000/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 Rental Property Expenses in St. Louis?

Landlords with rental income. 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 Rental Property Expenses in Missouri?

To claim the rental property expenses, you need to file Schedule E 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 Rental Property Expenses 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

Mortgage Interest Deduction in St. Louis

Avg savings: $3,500/year

Property Tax Deduction in St. Louis

Avg savings: $2,200/year

Home Office Deduction in St. Louis

Avg savings: $1,200/year

Home Energy Tax Credit in St. Louis

Avg savings: $1,800/year

Residential Solar Tax Credit in St. Louis

Avg savings: $7,500/year

Military Moving Expenses in St. Louis

Avg savings: $4,000/year