Missouri Quality Jobs Program

Reporting Requirements

On an annual basis, the business must submit a report documenting the new jobs created, the total payroll, and confirming that the business meets the health insurance requirements for the new jobs. In the event that a company has not maintained the minimum program requirements, benefits will cease for the remainder of the benefit period. A high-impact project may continue as a small/expanding project as long as new jobs and other program requirements are met. SB1099, or the Tax Credit Accountability Act Reporting Form must be submitted to the Department of Economic Development by June 30th each year the company receives tax credits and for the three years following the end of the benefit period.

Special Reporting Requirements

A business cannot simultaneously receive benefits for the same capital investment or the same jobs for the following programs:

• Rebuilding Communities
• Development Tax Credit
• Enhanced Enterprise Zone
• Quality Jobs
• Manufacturing Jobs

Special conditions apply when Missouri Works is used at the same time as other programs that affect state withholding taxes (Missouri Training, State TIF, MODESA).

Estimated state withholding taxes, based on adjusted gross income (“AGI”):

• AGI of $15 – 20,000 1.21%
• AGI of $20 – 25,000 1.92%
• AGI of $25 – 30,000 2.45%
• AGI of $30 – 35,000 2.82%
• AGI of $35 – 40,000 3.06%
• AGI of $40 – 45,000 3.20%
• AGI of $45 – 50,000 3.29%
• AGI of $50 – 55,000 3.40%
• AGI of $55 – 60,000 3.46%
• AGI of $60 – 65,000 3.53%
• AGI of $65 – 70,000 3.58%
• AGI of $70 – 75,000 3.67%
• AGI of $75 – 100,000 3.43%
• AGI of $100 – 200,000 3.02%