Mississippi Income Tax Calculator

Provided by AllCalculators.io
Free online calculators for everyday. No registration required.

General information only. Not tax advice.

Tax Disclaimer: General information only. Not tax advice.

This calculator provides general tax information for educational purposes and is not tax advice. Tax laws change and vary by jurisdiction and individual circumstances. Consult a qualified tax professional or CPA for advice on your specific situation.

Frequently Asked Questions

Does Mississippi have state income tax?

Yes - Flat 4.7% (down from 5%, decreasing further), topping out at 4.7%.

What is the top tax rate in Mississippi?

The top marginal state rate is 4.7%.

JavaScript is required to use the interactive calculator. The information below remains readable without JavaScript.

Mississippi state income tax structure

Mississippi taxes income at Flat 4.7% (down from 5%, decreasing further), with a top marginal rate of 4.7%. Like the federal system, only income within each bracket is taxed at that bracket's rate.

Federal brackets (10%–37%) apply nationwide. Combine your federal effective rate with the Mississippi rate to find your true marginal tax on the next dollar earned.

About taxes and housing in Mississippi

Mississippi has moved to a flat income tax and exempts the first portion of income from taxation.

Mississippi has the lowest median home prices in the country along with below-average property taxes.

Mississippi has one of the lowest costs of living in the nation, with an economy based on agriculture, manufacturing, and casino tourism along the Gulf Coast.

Mississippi Income Tax Calculator

Frequently Asked Questions

Related Tax Calculators