Missouri Form 4606, the Bill of Transfer (Farm Products Only), is the document a farmer fills out when trading grain or livestock to a dealership toward the purchase of a vehicle, trailer, or ATV used for agricultural purposes.1Missouri Department of Revenue. Bill of Transfer (Farm Products Only) You fill it out at the time of purchase, both you and the dealership sign it, and you attach it to your title application at the license office so the trade-in value is subtracted from the vehicle price before sales tax is calculated.2Missouri Revisor of Statutes. Missouri Code 144.025 – Tax Computed on What Portion of Purchase Price, Trade-In Allowance
Before You Start: Make Sure You Qualify
Form 4606 only works when three things are true at once: you personally produced or raised the farm products, you’re trading them to a licensed motor vehicle dealership, and the vehicle you’re buying will be used for agricultural purposes.1Missouri Department of Revenue. Bill of Transfer (Farm Products Only) “Produced or raised” means you cultivated the grain or cared for the livestock yourself. Products you bought from someone else don’t count.
If any of those pieces is missing, the form isn’t the right tool. A private-party vehicle sale, a non-agricultural vehicle, or a trade of grain you purchased rather than raised all fall outside what Form 4606 covers.3Legal Information Institute. 12 CSR 10-103.350 – Sales Tax on Motor Vehicles For a standard private-party sale or even-trade of a car, truck, boat, or trailer, the form you want is Form 1957, not 4606.4Missouri Department of Revenue. Bill of Sale or Even-Trade Bill of Sale
Where to Get the Form
Form 4606 is a single-page PDF on the Missouri Department of Revenue’s website at dor.mo.gov. Before you start, pull together the dealership’s purchase paperwork (for the VIN and vehicle details) and your farm-product details (type, quantity, and the trade-in value the dealer is crediting).
Filling Out Form 4606 Section by Section
Transferor and Dealership
At the top, enter your full legal name as the transferor — the person trading the farm products — and then the dealership’s name. Both names should match official records. A nickname or shortened business name can hold things up at the license office.
Vehicle Information
Next, record the year, make, and identification number of the vehicle, trailer, or ATV you’re acquiring.1Missouri Department of Revenue. Bill of Transfer (Farm Products Only) For motor vehicles and trailers that’s the VIN; for ATVs it’s the manufacturer’s serial number. Copy it directly from the dealership’s title or purchase paperwork. One wrong digit will send your title application back.
Agricultural Product Information
This is the section that drives the tax calculation. For each farm product you’re trading, record:
- The product type (corn, soybeans, cattle, and so on).
- The quantity, in pounds, head count, bushels, or another standard unit.
- The trade-in value the dealership is crediting you in dollars.
The trade-in value matters because Missouri calculates sales tax only on the portion of the purchase price above the trade-in allowance.2Missouri Revisor of Statutes. Missouri Code 144.025 – Tax Computed on What Portion of Purchase Price, Trade-In Allowance If the trade-in value equals or exceeds the vehicle price, no sales tax is due at all.3Legal Information Institute. 12 CSR 10-103.350 – Sales Tax on Motor Vehicles
How the Products Are Being Transferred
You then indicate how the farm products are getting to the dealership. There are three options:1Missouri Department of Revenue. Bill of Transfer (Farm Products Only)
- Physically delivered to the dealership. Fill in the delivery date and the name of the person who delivered the products.
- Stored at a grain elevator or stockyard. A separate receipt from the elevator or stockyard must be attached, and that receipt has to show the dealership has legal title to the products.
- At another location. Describe where the products are.
The grain elevator option is where filings most often fall apart. The Department of Revenue will not accept a cash-sale statement or invoice from the grain company, and a check from the grain company made out to the dealership is not enough on its own. You need a receipt showing the product was actually transferred into the dealership’s ownership. If your grain is sitting at an elevator, ask the elevator to issue that receipt before you leave the dealership.
Signing the Form
Both parties sign under penalty of perjury. Your signature certifies two things: that you personally produced or raised the farm products, and that the vehicle will be used for agricultural purposes.1Missouri Department of Revenue. Bill of Transfer (Farm Products Only) The dealership’s authorized agent signs to confirm the dealership has accepted legal ownership of the farm products as a trade-in at the stated value. Printed names go next to the signatures.
No notary is required. The form has no notarization line, and nothing in the instructions calls for one.
What to Do With the Completed Form
Form 4606 has to be attached to your motor vehicle title application (Form 108) when you visit a Missouri license office to title the vehicle.1Missouri Department of Revenue. Bill of Transfer (Farm Products Only) If your farm products are stored at a grain elevator or stockyard, attach that receipt too. Bring the assigned certificate of title from the dealership, proof of insurance, and the other documents a standard title application requires.
You have 30 days from the date of purchase to title the vehicle and pay sales tax. On day 31, a $25 late penalty applies, and it grows by another $25 for each additional 30 days, up to $200.5Missouri Department of Revenue. Motor Vehicle Titling and Registration Finishing Form 4606 at the dealership on the day of purchase, rather than chasing signatures later, is the easiest way to stay inside that window.
How the Trade-In Reduces Your Sales Tax
Missouri’s state sales tax on a vehicle purchase is 4.225%, plus any local sales tax.6Missouri Department of Revenue. Sales/Use Tax When you present a properly completed Form 4606 with your title application, the trade-in value is subtracted from the purchase price before tax is figured.2Missouri Revisor of Statutes. Missouri Code 144.025 – Tax Computed on What Portion of Purchase Price, Trade-In Allowance Buy a $30,000 truck and trade in $10,000 worth of grain, and sales tax applies only to the remaining $20,000.
Without Form 4606, the license office has no way to confirm that the trade-in qualifies for the agricultural offset, and you’ll owe sales tax on the full purchase price.7Missouri Department of Revenue. Missouri Sales and Use Tax Exemptions and Exclusions From Tax The form is the only mechanism for claiming the reduction, so getting it right at the dealership is the whole point.