Income Tax for Mississippi (2026)

How This Calculator Works in Mississippi

This calculator applies Mississippi's 2026 tax brackets and rates to estimate your state income tax liability. Enter your income and filing status to see your marginal rate, effective rate, and estimated tax owed.

Mississippi Overview

Mississippi levies a flat income tax of 4.7% after recently simplifying its bracket structure, with the first $10,000 exempt. The state fully exempts Social Security benefits and qualified retirement income from taxation. Mississippi's tax reform includes revenue triggers that could reduce the rate further, following the regional trend of Southern states competing to lower income tax rates.

How Mississippi Compares

Mississippi's top income tax rate of 4.7% compares to Alabama at 5% and Tennessee at 0%. The rate differences can meaningfully impact take-home pay for workers near state borders.

Mississippi's income tax rate of 4.7% compares to a national average of approximately 5.04%. This is below the national average.

Tips for Mississippi Residents

• 1Mississippi has a flat income tax rate of 4.7% (2024), after transitioning from a progressive system and eliminating the bottom bracket.
• 2The first $10,000 of taxable income is exempt from Mississippi income tax, effectively creating a 0% bracket.
• 3Mississippi does not tax Social Security benefits and fully exempts qualified retirement income from IRAs and employer-sponsored plans.
• 4The state is phasing toward a lower rate — potentially 4% — if revenue triggers are met in coming years.
• 5Mississippi has a 7% state sales tax, one of the highest in the country, which partly offsets the moderate income tax rate.

Frequently Asked Questions