Pass-through entity tax: S-Corporation and Partnership

Beginning with tax years ending on or after December 31, 2022, a S corporation or partnership (pass-through entity) can annually elect to become an affected business entity required to pay the pass-through entity tax. Qualifying members of an electing pass-through entity are eligible for a credit equal to the member’s pro rata share of the pass-through entity tax paid. (Section 143.436, RSMo)  https://dor.mo.gov/faq/taxation/business/entity-tax.html