Missouri SB994 modifies tax credit provisions and filing deadlines for income tax returns.

Missouri SB994 modifies provisions relating to taxation by exempting taxpayers from penalties or interest if they are denied a tax credit due to lack of available funds, provided they pay the balance within sixty days. The bill also changes the filing deadlines for income tax returns to align with federal tax purposes and mandates that tax due be paid without assessment, notice, or demand by the prescribed filing date.

Missouri SB994 modifies tax credit provisions and filing deadlines for income tax returns.

Missouri SB994 modifies provisions relating to taxation by exempting taxpayers from penalties or interest if they are denied a tax credit due to lack of available funds, provided they pay the balance within sixty days. The bill also changes the filing deadlines for income tax returns to align with federal tax purposes and mandates that tax due be paid without assessment, notice, or demand by the prescribed filing date.