Mississippi Income Tax Rate 2024 - 2025

Mississippi state income tax rate table for the 2024 - 2025 filing season has two income tax brackets with MS tax rates of 0% and 4.7% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses. The Mississippi tax rate and tax brackets changed over the last few years dropping both the 3% and 4% brackets. The state is currently on schedule to reduce their income tax rate further.

Mississippi income tax rate reduction schedule for tax year 2023 forward:

  • Taxable Income over $10,000 is taxed at 5% in 2023.
  • Taxable Income over $10,000 is taxed at 4.7% in 2024.
  • Taxable Income over $10,000 is taxed at 4.4% in 2025.
  • Taxable Income over $10,000 is taxed at 4% in 2026.

While Mississippi is a single tax rate state, they publish a 0% tax bracket which technically makes the count two. Other flat rate states use a standard deduction or personal exemptions to avoid this technicality. Mississippi income tax rate and tax brackets shown in the table below are based on income earned between January 1, 2024 through December 31, 2024. Outlook for the 2025 Mississippi income tax rate is for the top income tax rate to be 4.4% per the rate reduction schedule.

Mississippi Single Income Tax Brackets
Income Tax BracketTax Rate 2024
$0to$10,0000%
$10,001to∞4.7%
Mississippi Married Filing Jointly Tax Brackets
Income Tax BracketTax Rate 2024
$0to$20,0000%
$20,001to∞4.7%
Mississippi Married Filing Separately Tax Brackets
Income Tax BracketTax Rate 2024
$0to$10,0000%
$10,001to∞4.7%
Mississippi Head of Household Tax Brackets
Income Tax BracketTax Rate 2024
$0to$10,0000%
$10,001to∞4.7%

Source: 2024 Mississippi State Tax Rate Schedule, published by the Mississippi State Tax Commission.

Please reference the Mississippi tax forms and instructions booklet published by the Mississippi State Tax Commission to determine if you owe state income tax or are due a state income tax refund. Mississippi income tax forms are generally published at the end of each calendar year, which will include any last minute 2024 - 2025 legislative changes to the MS tax rate or tax brackets. The Mississippi income tax rate tables and tax brackets shown on this web page are for illustration purposes only.

Mississippi Tax Brackets 2024 - 2025

Looking at the tax rate and tax brackets shown in the tables above for Mississippi, we can see that Mississippi collects individual income taxes similarly for Single and Married filing statuses, for example. We can also see the progressive nature of Mississippi state income tax rates from the lowest MS tax rate bracket of 0% to the highest MS tax rate bracket of 5%.

For single taxpayers living and working in the state of Mississippi:

  • Tax rate of 0% on the first $10,000 of taxable income.
  • Tax rate of 4.7% on taxable income over $10,000.

For married taxpayers living and working in the state of Mississippi:

  • Tax rate of 0% on the first $20,000 of taxable income.
  • Tax rate of 4.7% on taxable income over $20,000.

For the Single, Married Filing Jointly, Married Filing Separately, and Head of Household filing statuses, the MS tax rates and the number of tax brackets remain the same. Notice also that the Married Filing Jointly bracket is double that of the Single, Married Filing Separately, and Head of Household income tax brackets. The state of Mississippi includes a Schedule of Tax Computation in their annual income tax return instructions. That schedule is used to double the $10,000 first bracket amount if both the taxpayer and spouse report taxable income.

Last updated: December 4, 2024

Income Tax Rates

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