Mississippi State Income TaxesThe state of Mississippi collects income taxes on April 15th, much the way the IRS and 44 other states do.
This page:
• Lists basic Mississippi state tax information
• Links to the major Mississippi income tax forms
• Shows you how you can save time and money by e-filing
Mississippi state taxes at a glance:Tax Rate Range: Low - 3.0%; High - 5.0%
Income Brackets: Lowest - $5,000; Highest - $10,000
Number of Brackets: 3
Personal Exemptions: Single - $6,0y00; Married - $12,000; Dependents - $1,500; Seniors - $1,500
Standard Deduction: Single - $2,300; Married filing joint return - $4,600
Medical/Dental Deduction: Partial
Federal Income Tax Deduction: None
Filing your Mississippi state income tax returnGenerally, your filing status on your Mississippi state income tax return should match the filing status on your federal income tax return. There are exception, such as when you and your spouse are residents of different states, but these are rare.
When completing your Mississippi tax return, you may choose to either itemize deductions or claim the standard deduction, whichever provides the greater tax benefit. Unlike the filing status, the choice you make is not dependent upon your federal return.
Tax deductions for Mississippi are the same as your federal income tax deductions with one exception - the state income tax deduction, which you cannot claim. Also, your deduction amount may be reduced or eliminated depending upon your filing status.
Mississippi also allows its resident to claim tax credits for certain expenses. Some common credits are:
• child and dependent care credit
• jobs tax credit
• training tax credit
There are additional credits, which you can read about on Mississippi's Department of Revenue website.
Finally, as a nonresident of Mississippi with an earned income from a Mississippi source, you are required to file a state tax return if your income exceeds the allowable deductions and exemptions.
Sidebar
You can work on your Mississippi tax return online while filing your federal return (you can work on it for free, and pay nothing until you are ready to file).
Note: if you are filing more than one state return, you must file a paper return for each additional state, as TurboTax for The Web only allows one state prep.
Mississippi income tax formsThe main Mississippi tax forms are:
Form 80-106 | 2006 Mississippi Individual Income Tax Return
Form 80-110 | Short State Income Tax Return
If you need Mississippi income tax forms that are not listed here, you can download them from the Mississippi tax forms site.
Or, just simply e-file!
Additional MS state taxes helpIf you need help with your federal tax return, start with our basic guide to tax filing.
For additional help with filing MS income tax returns, see the official site of the Mississippi State Tax Commission.
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