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The state of Missouri allows a subtraction from federal adjusted gross income for the amount of annual contributions made to the Missouri Savings for Tuition Program (MO$T). The maximum annual exempt contribution per taxpayer is $8,000. The MO$T subtraction cannot result in a negative Missouri adjusted gross income for either taxpayer. If you are a participant claiming a subtraction for a contribution made to the savings program, you must attach your statement provided by the program manager. The MO$T statement must be in the name of the taxpayer claiming the subtraction.
Enter negative adjustments (subtractions), reported from partnerships, fiduciaries, and S corporations. The partnership, fiduciary, and S corporation must notify you of the amount of any such adjustment (subtraction) to which you are entitled. With the MO8453 attach a copy of the notification received. Failure to attach a copy of the notification furnished to you will result in the disallowance of the modification. Other sources of negative adjustments may be:
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