Self-Employment Tax for Mississippi (2026)
Mississippi (MS) Key Facts
Federal S E Tax Rate
15.3%
State Income Tax Rate
4.7%
Combined S E + State Rate
20.0%
S E Tax Components
12.4% Social Security + 2.9% Medicare
How This Calculator Works in Mississippi
This calculator estimates your total self-employment tax in Mississippi, including the federal 15.3% SE tax and Mississippi's state income tax. Enter your net SE income to see your liability.
Mississippi Overview
Self-employed workers in Mississippi pay the federal 15.3% SE tax plus state income tax at up to 5%, for a combined burden of approximately 20.3%. Quarterly estimated payments are typically required for both federal and state obligations.
How Mississippi Compares
Mississippi's combined SE burden of 20.0% compares to Alabama at 20.3% and Tennessee at 15.3%. State income tax creates meaningful differences between states.
| State | Top Rate | Notes |
|---|---|---|
| Alabama | 5% | Alabama has a state income tax on SE income rate of 5%. |
| Tennessee | 0% | Tennessee has a state income tax on SE income rate of 0%. |
| Louisiana | 4.25% | Louisiana has a state income tax on SE income rate of 4.25%. |
Mississippi's state income tax on SE income rate of 4.7% compares to a national average of approximately 5.04%. This is below the national average.
Tips for Mississippi Residents
- 1Federal self-employment tax is 15.3% (12.4% Social Security + 2.9% Medicare) regardless of state.
- 2Mississippi adds state income tax at up to 5% on self-employment income, for a combined rate of about 20.3%.
- 3Make quarterly estimated payments for both federal and Mississippi state taxes to avoid underpayment penalties.
- 4Deduct half of your SE tax on your federal return and track all business expenses to minimize net self-employment income.
- 5Consider whether an S-Corp election could reduce your SE tax burden if your net income exceeds $50,000-$60,000.