Mississippi Income Tax Calculator
Estimate your Mississippi income tax burden
Updated for 2024 tax year on Jul 23, 2024
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How to calculate your Mississippi income taxes
Table of Contents
Understanding your Mississippi income taxes
In Mississippi, state income tax is imposed on a graduated scale. It starts at 0% and the maximum rate of 5%. The progression to the 5% rate happens through a series of brackets that offer a balanced system for taxpayers.
There are no local income taxes imposed in Mississippi, which simplifies tax computation for residents and employers in the state.
The state of Mississippi offers a standard deduction and exemptions.
Calculate your income tax in Mississippi
- Work out your total federal income tax
- Gross income adjusted
Gross income − Pre-tax deductions = Gross income adjusted - Federal taxable income
Gross income adjusted − Federal standard/itemized deductions = Federal taxable income - Federal income tax liability
Federal taxable income × Federal income tax rate = Federal income tax liability - Federal payroll tax liability
Gross income × Federal payroll tax rate = Federal payroll tax liability
- Gross income adjusted
- Calculate your total Mississippi state income tax
- Mississippi state taxable income
Gross income adjusted − (Mississippi state standard/itemized deductions + Mississippi state exemptions) = Mississippi state taxable income - Mississippi state income tax liability
Mississippi state taxable income × Mississippi state income tax rate = Mississippi state income tax liability
- Mississippi state taxable income
- Add up all the taxes
Federal income tax liability + Federal payroll tax liability + Mississippi state income tax liability = Your total income tax liability
State income tax brackets
Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.
Tax year | Filing status | Taxable income | Rate |
---|---|---|---|
2024 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $10,000 | 0% |
$10,000+ | 5% | ||
2023 2022 |
Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $5,000 | 0% |
$5,000 – $10,000 | 4% | ||
$10,000+ | 5% | ||
2021 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $4,000 | 0% |
$4,000 – $5,000 | 3% | ||
$5,000 – $10,000 | 4% | ||
$10,000+ | 5% | ||
2020 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $3,000 | 0% |
$3,000 – $5,000 | 3% | ||
$5,000 – $10,000 | 4% | ||
$10,000+ | 5% |
State standard deduction
Tax year | Filing status | Standard deduction amount |
---|---|---|
2024 2023 2022 2021 2020 |
Single Married, Filing Separately |
$2,300 |
Married, Filing Jointly | $4,600 | |
Head of Household | $3,400 |
State exemptions
There is state-level exemptions for all type of filers and dependents. Refer to Tax Foundation for more details.
Tax year | Filing status | Personal exemption amount |
---|---|---|
2024 2023 2022 2021 2020 |
Single Married, Filing Separately Head of Household |
$6,000 |
Married, Filing Jointly or Widow(er) | $12,000 | |
Dependent(s) | $1,500 |
FAQs
How to calculate income tax in Mississippi?
Follow the steps below to calculate your total income tax in Mississippi:
- Work out your total federal income tax
- Calculate your total Mississippi state income tax
- Sum up all the taxes
How much income tax do I pay in Mississippi?
In 2024, Mississippi's state income tax has two rates, 0% and 5%.