MS

Mississippi Paycheck Calculator

See exactly what you take home after federal taxes, Mississippi state income tax, Social Security, and Medicare. Updated for 2026.

State tax: 4.7% SS: 6.2% Medicare: 1.45% 2026 brackets
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1099 freelancer note: You owe both halves of Social Security & Medicare — that's 15.3% self-employment tax on top of income tax. Quarterly estimated payments due Apr 15, Jun 16, Sep 15, Jan 15.
Mississippi state income tax (2026) Mississippi flat rate is 4.7%, phasing down to 4% by 2026.
Flat 4.7% on all taxable income (phasing to 4% by 2026)

Mississippi Income Tax Explained (2026)

Mississippi has a state income tax with a flat 4.7% (transitioning to 4%) structure. Workers earning typical wages generally pay an effective state rate between 2.4% and 4.7% depending on income and deductions. Understanding how Mississippi's tax works helps you accurately predict your take-home pay and plan your withholding.

Mississippi residents also pay federal income tax (10%–37%), Social Security (6.2% up to $184,500), and Medicare (1.45%). The combination of federal and state taxes is the primary driver of the gap between your gross pay and your actual paycheck.

How Mississippi compares to neighboring states

Tennessee
No income tax
Zero tax
Alabama
Up to 5%
Similar
Louisiana
3% flat
Lower
Arkansas
4.4% top rate
Similar

What taxes come out of a Mississippi paycheck?

A Mississippi W-2 employee's paycheck is reduced by federal income tax (progressive 10%–37%), Mississippi state income tax (flat 4.7% (transitioning to 4%)), Social Security at 6.2% on wages up to $184,500, and Medicare at 1.45% on all wages. High earners above $200,000 also pay an additional 0.9% Medicare surtax on excess wages.

Mississippi freelancers and 1099 contractors pay self-employment tax of 15.3% — covering both employee and employer portions of Social Security and Medicare — on top of both federal and state income taxes. Half of the self-employment tax is deductible from federal adjusted gross income, reducing the effective burden slightly. Mississippi freelancers must also make quarterly estimated state tax payments.

Mississippi tax tips for 2026

  • Rate reductions: Mississippi is reducing its income tax rate to 4% by 2026, down from 5%. The current year's rate may be 4.4%–4.7% depending on the phase-in schedule.
  • Retirement exemption: Mississippi is one of the most retiree-friendly states — all retirement income including Social Security, pensions, and IRA/401(k) distributions is completely exempt from Mississippi income tax.
  • Standard deduction: Mississippi's standard deduction is $2,300 for single filers ($4,600 married) — lower than federal.
  • Estimated taxes: Mississippi requires quarterly estimated payments if you expect to owe more than $200. Use Mississippi Form 80-106.

Frequently asked questions

Mississippi has been cutting its income tax rates. As of 2026, the rate is expected to be approximately 4.4%–4.7% on taxable income, transitioning toward a flat 4% rate by 2026 under the Tax Freedom Act signed in 2022. The previous structure had rates of 3% and 4% on lower brackets and 5% on income above $10,000.
For a single filer earning $75,000 in Mississippi in 2026, after the $2,300 standard deduction and applicable exemptions, state income tax is approximately $2,100–$2,400. Combined with federal tax (~$10,294), Social Security ($4,650), and Medicare ($1,088), total deductions are roughly $18,132. Take-home is approximately $56,868/year or ~$2,187 bi-weekly.
Mississippi is exceptionally favorable for retirees. All retirement income is completely exempt from Mississippi state income tax — including Social Security benefits, distributions from 401(k) plans and IRAs, pension income, and military retirement pay. This makes Mississippi one of the best states in the nation for retirees from a state tax perspective, despite having an income tax on earned wages.
Yes. Mississippi signed major tax reform legislation in 2022 that is phasing the income tax rate down to a flat 4% by 2026, with further reductions possible thereafter. The legislature has expressed interest in eventually eliminating the state income tax entirely, following the model of neighboring Tennessee and Florida.
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