Mississippi Take-Home Pay Calculator
5% flat rate (phasing to 4%)Estimate your net paycheck after federal taxes, FICA, and Mississippi state income tax.
Last updated: April 2026
Mississippi Income Tax
Mississippi has a 5% flat income tax rate. The state is phasing down to 4% by 2026 as part of a multi-year reform.
Mississippi State Income Tax: What You Need to Know
Mississippi has a 5% flat income tax rate. The state is phasing down to 4% by 2026 as part of a multi-year reform.
Mississippi enacted a sweeping income tax reform in 2022 that put the state on a path to eventually eliminate its income tax. As of 2026, Mississippi's rate has been reduced from 5% toward 4% as part of this phase-down. Mississippi exempts the first $10,000 of income for single filers before the flat rate applies. Mississippi also exempts Social Security benefits, military retirement, and most government pension income from state income tax. No Mississippi city levies a local income tax on wages. If Mississippi completes its full reform path, it would join Tennessee and Florida as income-tax-free states in the Deep South.
On top of state taxes, all workers also pay federal income tax based on the 2026 progressive brackets, plus FICA taxes: Social Security (6.2% up to $176,100) and Medicare (1.45% on all wages).
Our calculator applies Mississippi's 5% flat rate (phasing to 4%) to your gross income as a simplified estimate. Actual state taxes may vary based on deductions, exemptions, and local taxes not captured in this estimate.
Mississippi Take-Home Pay Examples (2026, Single Filer)
Estimates based on standard deduction, no pre-tax deductions. Last updated: April 2026.
| Salary | Federal Tax | State Tax | FICA | Take-Home |
|---|---|---|---|---|
| $40,000 | $3,167 | $2,000 | $3,060 | $31,773 |
| $60,000 | $6,617 | $3,000 | $4,590 | $45,793 |
| $80,000 | $10,817 | $4,000 | $6,120 | $59,063 |
| $100,000 | $15,617 | $5,000 | $7,650 | $71,733 |
Frequently Asked Questions: Mississippi Taxes
Is Mississippi phasing out its income tax?
Mississippi passed HB 531 in 2022, which set a course to eliminate the state income tax. The legislation reduced the top rate from 5% to 4% over several years and creates a pathway to full elimination, contingent on meeting revenue targets. By 2026, Mississippi's rate has dropped significantly from 5% and continues toward 0%. If fully implemented, Mississippi would become the 10th state with no income tax.
Does Mississippi tax Social Security benefits?
No. Mississippi fully exempts Social Security benefits from state income tax. Mississippi also exempts military retirement pay, federal and state government pensions, and most private pension income. This makes Mississippi one of the most retirement-friendly states in the South for income tax purposes — retirees with primarily pension and Social Security income may pay little to no Mississippi state income tax.
Does Mississippi have a city or local income tax?
No. Mississippi cities and counties do not impose a local income tax on wages. Jackson, Gulfport, Biloxi, and all other Mississippi municipalities have no local wage withholding. Mississippi workers pay only state (and federal) income taxes on wages.
What exemptions does Mississippi allow on state income tax?
Mississippi exempts the first $10,000 of income per taxpayer from the state rate, creating an effective zero bracket for lower-income earners. Mississippi also allows a standard deduction ($2,300 for single filers) and a $6,000 personal exemption for single filers. These exemptions collectively reduce the Mississippi tax burden for lower- and middle-income workers relative to the headline 5% rate.
How does Mississippi compare to neighboring Southern states on income tax?
Mississippi's rate is similar to Alabama (5% top) and higher than Tennessee (no income tax on wages). With its phase-down in progress, Mississippi is becoming increasingly competitive. Louisiana's 3% flat rate and Tennessee's no-tax status make Mississippi less competitive for higher earners, but the phase-out plan addresses this over time.
What is Mississippi's minimum wage in 2026?
Mississippi has no state minimum wage law and defers entirely to the federal minimum of $7.25/hour. Mississippi is one of a handful of states with no state minimum wage statute. Mississippi law does not preempt local minimum wages by statute, though no Mississippi city has enacted a higher local minimum in practice.