350-1579 (1-2021) MEAT PROCESSING FACILITY INVESTMENT TAX CREDIT APPLICATION: Fill out & sign online

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What is the Missouri ag tax credit?

The Missouri Agricultural and Small Business Development Authority is authorized to grant an Agricultural Product Utilization Contributor Tax Credit in an amount up to 100 percent of a contribution from a person, partnership, corporation, trust, limited liability company or other donor.

Who qualifies for property tax credit in Missouri?

The Missouri Property Tax Credit Claim gives credit to certain senior citizens and 100 percent disabled individuals for a portion of the real estate taxes or rent they have paid for the year.

How do Missouri tax credits work?

The tax credits are applied to your total tax liability incurred for that tax period. The contributor has the tax year the contribution was given and five succeeding tax periods in which to use the credits, if the donor does not have enough tax liability in the tax year the contribution is made.

What age do you stop paying property taxes in Missouri?

65 years of age or older, or. a person 18-64 who receives SSI, SSD, or Veterans Disability, or. 60 and older and receiving Surviving Spouse benefits from SSA.

What qualifies a farm in Missouri?

(6) Farming means using or cultivating land for the production of (a) agricultural crops; (b) livestock or livestock products; (c) poultry or poultry products; (d) milk or dairy products; or (e) fruit or other horticultural products, provided; however, farming shall not include a processor of farm products or a

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