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Question about EGTRRA


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Guest lawdawg
Posted

Does anyone know whether Missouri has passed EGTRRA conformity legislation? Do you know where I could find the bill or statute? I can't find anything for this state on conformity legislation. Any help would be greatly appreciated!

Posted

American Benefits Council, although their chart may not be current.

http://www.americanbenefitscouncil.org/

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

Posted

There are only two types of nonconforming states: 1) they have their own definitions of deductions (do not rely on federal law), or 2) they conform to federal law as of a specific date (e.g., 1/1/2001) that preceded EGTRRA (most of these states just needed to wait for their law-making bodies to convene to update the date).

Missouri is neither of these and never needed conforming legislation. As with most states, their tax code automatically updates with any federal changes.

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