Missouri Food Pantry Tax Credit
Notice: This material has been prepared for information purposes only and is not intended to provide or be relied on for tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors regarding your filing of the Missouri Food Pantry Tax Credit.
What is the Missouri Food Pantry Tax Credit?
This program incentivizes Missouri taxpayers to donate to food pantries by offering a tax credit of up to 50% of their contribution back. This means that if you donate up to $5,000, you can receive up to $2,500 back as a tax credit and can be used over three years of tax liability. In-kind donations as a result of contributing goods, stock donations, and Donor Advised Funds gift do not qualify for the credit but all other donations are eligible.
This program incentivizes Missouri taxpayers to donate to food pantries by offering a tax credit of up to 50% of their contribution back. This means that if you donate up to $5,000, you can receive up to $2,500 back as a tax credit and can be used over three years of tax liability. In-kind donations as a result of contributing goods, stock donations, and Donor Advised Funds gift do not qualify for the credit but all other donations are eligible.
How do I claim the Food Pantry Tax Credit?
You'll need to attach the following to your Missouri tax return:
A completed Food Pantry Tax Credit Form (MO-FPT) - the top portion will be filled out by HNH staff (see details on how to request your MO-FPT form from Heart-n-Hand below) and the rest will be filled out by your or tax preparer.
You'll need to attach the following to your Missouri tax return:
A completed Food Pantry Tax Credit Form (MO-FPT) - the top portion will be filled out by HNH staff (see details on how to request your MO-FPT form from Heart-n-Hand below) and the rest will be filled out by your or tax preparer.
Our Process:
All gifts received by year-end may be eligible for the credit. If you are a Missouri resident who wants to receive a MO-FPT form for your contributions, fill out the request form below or email us at [email protected] with "MO-FTP Request" in the subject line. You will be added to our list and will be sent a MO-FTP form along with your tax receipt in January. Our organizational info will be input in the form but you or your tax preparer will have to fill out the section of the form with your specific taxpayer details.
All gifts received by year-end may be eligible for the credit. If you are a Missouri resident who wants to receive a MO-FPT form for your contributions, fill out the request form below or email us at [email protected] with "MO-FTP Request" in the subject line. You will be added to our list and will be sent a MO-FTP form along with your tax receipt in January. Our organizational info will be input in the form but you or your tax preparer will have to fill out the section of the form with your specific taxpayer details.
More Resources on the Subject
Missouri Department of Revenue Information:
This site will be helpful in previewing information directly from the MO Dept of Rev regarding the tax credit. It goes over eligible food pantries (the HNH Food Pantry is eligible), how to claim the food pantry, how to use the tax credit, due dates, funding limits, and more directly from the State. Click here to see the tax credit information from the state. You may also call the Missouri Taxation Division at (573) 751-3220 or e-mail: [email protected]
This site will be helpful in previewing information directly from the MO Dept of Rev regarding the tax credit. It goes over eligible food pantries (the HNH Food Pantry is eligible), how to claim the food pantry, how to use the tax credit, due dates, funding limits, and more directly from the State. Click here to see the tax credit information from the state. You may also call the Missouri Taxation Division at (573) 751-3220 or e-mail: [email protected]
Am I guaranteed the MFPTC?
The State of Missouri apportions $1,750,000 into the MFPTC program each year. MFPTC claims will be held by the Missouri Department of Revenue until after all returns received on April 15 have been processed to determine if the total amount claimed exceeds $1,750,000. If claims exceed $1,750,000, the Department will apportion credits in an equal ratio among all valid returns filed. Any remaining credit from an applicant can be applied to future tax years.
Unfortunately, the state is very strict on filing deadlines. You must file your 2023 Missouri taxes by April 15, 2024, in order to be eligible for the credit. If you file them later, you will be eligible to apply the tax credit to a future tax year
The State of Missouri apportions $1,750,000 into the MFPTC program each year. MFPTC claims will be held by the Missouri Department of Revenue until after all returns received on April 15 have been processed to determine if the total amount claimed exceeds $1,750,000. If claims exceed $1,750,000, the Department will apportion credits in an equal ratio among all valid returns filed. Any remaining credit from an applicant can be applied to future tax years.
Unfortunately, the state is very strict on filing deadlines. You must file your 2023 Missouri taxes by April 15, 2024, in order to be eligible for the credit. If you file them later, you will be eligible to apply the tax credit to a future tax year
