Mississippi Paycheck Calculator

Calculate your take home pay after federal & Mississippi taxes

Last updated on Jul 19 2021

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Mississippi state income tax

Mississippi has a population of over 2 million (2019) and is known as the catfish capital of the United States. 94% of farm-raised catfish in the nation are raised in Mississippi. The median household income is $43,529 (2017).

Brief summary:

  • the income tax rate ranges from 0% to 5%
  • no state-level payroll tax
  • has standard deductions and exemptions
  • no additional state-level tax credits
Mississippi United States

Mississippi fiscal year starts from July 01 the year before to June 30 the current year. So the fiscal year 2021 will start from July 01 2020 to June 30 2021.

Calculating your Mississippi state income tax is similar to the steps we listed on our Federal paycheck calculator:

  1. figure out your filing status
  2. work out your adjusted gross income [Total annual income – Adjustments = Adjusted gross income]
  3. calculate your taxable income [Adjusted gross income – (Post-tax deductions + Exemptions) = Taxable income]
  4. understand your tax liability [Taxable income × Tax rate = Tax liability]
  5. determine whether your tax liability is more than your tax credits and withheld
    • Tax liability – (Credits + Withheld) = What you owe or
    • (Credits + Withheld) – Tax liability = Tax refunds

State payroll tax

There is no state-level payroll tax.

Income tax brackets

Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.

Fiscal year Filing status Taxable income Rate
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 – $1,000 0%
$1,000 – $5,000 3%
$5,000 – $10,000 4%
$10,000+ 5%

Deductions

Fiscal year Filing status Standard deduction amount
2021
2020
Single
Married, Filing Separately
$2,300
Married, Filing Jointly $4,600
Head of Household $3,400

Exemptions

There is state-level exemptions for all type of filers and dependents. Refer to Tax Foundation for more details.

Fiscal year Filing status Personal exemption amount
2021
2020
Single
Married, Filing Separately
Head of Household
$6,000
Married, Filing Jointly or Widow(er) $12,000
Dependent(s) $1,500

Earned Income Tax Credit (EITC)

There is no state-level EITC.

Child Tax Credit (CTC)

There is no state-level CTC.

FAQs

What taxes do Mississippian pay?

Beside the federal income tax, Mississippians need to pay the state-level income tax ranging from 0% to 5%. There is no state-level payroll tax.

How much do you make after taxes in Mississippi?

A single filer with an annual wage of $44,000 will take home $35,544 after taxes.
If a married couple earn a combined annual income of $88,000, their take home pay will be $70,818.