HB2945 — Amends tax law to provide for additional subtractions for capital gains that are recharacterized as ordinary income by IRS

HB2945 — Amends tax law to provide for additional subtractions for capital gains that are recharacterized as ordinary income by IRS · Informed CitizenryHouse Bill 2945 amends Missouri's tax code regarding how certain capital gains are taxed. The bill addresses situations where the Internal Revenue Service (IRS) decides to 'recharacterize' a capita…Open in Informed Citizenry