Missouri Food Pantry Tax Credits
Southeast Missouri Food Bank has Missouri Food Pantry tax credits available. This program provides a tax credit to any Missouri taxpayer (individual, corporation or trust) that makes a financial donation to Good Neighbor Food Pantry, operated by SEMO Food Bank. The taxpayer receives a tax credit of 50% of the gift (up to $2,500 per taxpayer per year). Donor must direct the gift to support Good Neighbor Pantry at the time of the donation. Please note, Food Pantry Tax Credits must be indicated at the time of donation.
The benefits to eligible donors are:
- Receive a charitable deduction (State)
- Reduce your Missouri State Income Taxes by as much as 50% of the amount of donation (depending on the amount)
- Benefit southeast Missouri by supporting the Good Neighbor Food Pantry.
How to Claim the Food Pantry Credit: To claim the Food Pantry Tax Credit, the claimant must attach the following to their Missouri tax return:
- Indicate with your donation to SEMO Food Bank you want it directed to Good Neighbor Pantry.
- Receive Miscellaneous Income Tax Credits Form (MO-TC) and Food Pantry Tax Credit Form (MO-FPT) from the food bank. These are mailed in January, but you may contact us to receive yours sooner.
- Submit completed forms with your Missouri tax returns.
Eligible Use of Food Pantry Tax Credit:
- The amount of the credit claimed may not exceed the amount of the claimant’s tax liability. If the credit exceeds the claimant’s tax liability, the excess amount may be carried forward three subsequent years.
- If the claimant reports donations used to calculate the Food Pantry Tax Credit as a charitable contribution on their federal Schedule A, the donation amount must be reported as a modification (addition) on Missouri Individual Income Tax Adjustments Form MO-A.
Anyone employing persons not authorized to work in the United States under federal law is not eligible for the credit.
For more information on the Missouri Food Pantry Tax Credit, contact us at 573-471-1818.
You can also contact the Missouri Department of Revenue, Taxation Division at:
Telephone: 573-526-8733 (for individual and fiduciary tax) 573-751-4541 (for corporation income tax)