Mississippi Paycheck Calculator

Calculate your take-home pay per paycheck for salary and hourly jobs after federal & Mississippi taxes

Updated for 2024 tax year on Apr 24, 2024

What was updated? 2024 federal/state/local income taxes, FICA, state payroll tax, federal/state standard deduction & state exemptions

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Paycheck calculator for Mississippi

Overview of Mississippi

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
Mississippi United States

Understanding your Mississippi paycheck

In the land of your Mississippi paycheck, two mighty forces hold sway: federal income taxes and FICA taxes. Federal income tax withholding hinges on factors like income, filing status, and state exemptions. FICA taxes, also known as payroll tax, finance Social Security and Medicare. The employees and employers each shoulder half the 15.3% total tax (7.65% each).

The W-4 form acts as a key, allowing your employer to determine the proper amount of federal income tax to withhold from your paycheck. Considering your filing status, income, and dependents, the Form W-4 is a vital tool in managing your tax obligations. Remember to update it whenever your financial situation shifts, such as when you marry or have a child.

When plotting your financial blueprint, it’s essential to consider your marital status and the pre-tax deductions you can leverage. Pre-tax deductions like retirement fund deposits are taken from your gross pay before taxes, reducing your taxable income and easing your tax burden.

In Mississippi, state income tax rates are progressive, with various tax brackets depending on your earnings. As your income climbs, so too does your tax rate. The lowest rate is 0% and the highest is 5%.

On the local tax terrain, Mississippi features state standard deductions and exemptions that vary based on your filing status. These deductions and exemptions can lower your taxable income, reducing your overall tax liability. Familiarize yourself with these provisions to better navigate Mississippi’s tax landscape.

The last leg of your paycheck odyssey brings us to post-tax deductions. After calculating taxes, these deductions are taken from your pay and may encompass union dues, charitable donations, wage garnishments, or after-tax retirement account contributions. Understanding these deductions empowers you to assess your take-home pay and make informed financial choices accurately.

Calculate your Mississippi paycheck

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

  1. Determine your gross income
    • Annual salary
      Annual salary = Gross income
    • Hourly wage
      Hourly wage × Hours worked per day × Days worked per week × Weeks worked per year = Your weekly paycheck
  2. Work out your total federal income tax
    1. Gross income adjusted
      Gross income − Pre-tax deductions = Gross income adjusted
    2. Federal taxable income
      Gross income adjusted − Federal standard/itemized deductions = Federal taxable income
    3. Federal income tax liability
      Federal taxable income × Federal income tax rate = Federal income tax liability
    4. Federal payroll tax liability
      Gross income adjusted × Federal payroll tax rate = Federal payroll tax liability
  3. Calculate your total Mississippi state income tax
    1. State taxable income
      Gross income adjusted − (State standard/itemized deductions + State exemptions) = State taxable income
    2. State income tax liability
      State taxable income × State income tax rate = State income tax liability
    3. State payroll tax liability
      Gross income adjusted × State payroll tax rate = State payroll tax liability
  4. Derive your local income tax liability
    (Gross income adjusted or State taxable income) × Local income tax rate = Local income tax liability
  5. Figure out your net pay
    You need to account for any other deductions such as health insurance, 401(k) contribution, as well as additional withholdings.
    Gross income − (Total income tax liability + Total payroll tax liability + Total pre-tax deductions + Total post-tax deductions + Total withholdings) = Your net pay
  6. Divide your net pay by your pay frequency
    • Daily
      Your net pay / Days worked per week / Weeks worked per year = Your daily paycheck
    • Weekly
      Your net pay / 52 = Your weekly paycheck
    • Bi-weekly
      Your net pay / 26 = Your bi-weekly paycheck
    • Semi-monthly
      Your net pay / 24 = Your semi-monthly paycheck
    • Monthly
      Your net pay / 12 = Your monthly paycheck
    • Quarterly
      Your net pay / 4 = Your quarterly paycheck
    • Semi-annual
      Your net pay / 2 = Your semi-annual paycheck
    • Annual
      Your net pay = Your annual paycheck

State payroll tax

There is no state-level payroll tax.

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 are state-level exemptions for all types 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

What taxes do Mississippians pay?

Besides the federal income tax, Mississippians must 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 $35,751 after taxes.
If a married couple earns a combined annual income of $88,000, their take-home pay will be $71,202.

How much taxes are deducted from a $44,000 paycheck in Mississippi?

The total taxes deducted for a single filer are $687.42 monthly or $317.27 bi-weekly.