mississippi state income tax calculator

Thursday, February 24, 2022 Edit

You can learn more about how the Mississippi. Mississippi does not have some of the tax credits common to other states such as the Earned Income Tax Credit or the Child and Dependent Care Tax Credit.

Mississippi Income Tax Calculator Smartasset

All State Tax Forms.

. Notably Mississippi has the highest maximum marginal tax bracket in the United States. According to the Mississippi Department of Revenue people with incomes of at least 100000 a year make up 14 of those who pay state income tax and their payments bring in 56 of the income tax. Mississippi collects a state income tax at a maximum marginal tax rate of spread across tax brackets.

There is a single statewide sales tax of 7 in Mississippi. Unlike the Federal Income Tax Mississippis state income tax does not provide couples filing jointly with expanded income tax brackets.

Income Tax Calculator 2020 2021 Estimate Return Refund