Mississippi Tax Tables 2018 - Tax Rates and Thresholds in Mississippi
This page contains the tax table information used for the calculation of tax and payroll deductions in Mississippi in 2018. These tax tables are used for the tax and payroll calculators published on iCalculator™ US, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Mississippi or would like to add to or suggest amendments to the information herein then please contact us.
2018 Tax Tables [Quick Links]
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Mississippi State Income Tax Tables in 2018
The Income tax rates and personal allowances in Mississippi are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Mississippi Tax Calculator 2018.
Mississippi provides a standard Personal Exemption tax deduction of $ 6,000.00 in 2018 per qualifying filer and $ 1,500.00 per qualifying dependent(s), this is used to reduce the amount of income that is subject to tax in 2018.
Mississippi Single Filer Standard Deduction
The standard deduction for a Single Filer in Mississippi for 2018 is $ 2,300.00.
Mississippi Single Filer Tax Tables
Mississippi Residents State Income Tax Tables for Single Filers in 2018
Personal Income Tax Rates and Thresholds| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from $ 0.000.00 | to | $ 1,000.00 |
| 3% | Income from $ 1,000.01 | to | $ 5,000.00 |
| 4% | Income from $ 5,000.01 | to | $ 10,000.00 |
| 5% | Income from $ 10,000.01 | | and above |
Mississippi Married (Joint) Filer Standard Deduction
The standard deduction for a Married (Joint) Filer in Mississippi for 2018 is $ 4,600.00.
Mississippi Married (Joint) Filer Tax Tables
Mississippi Residents State Income Tax Tables for Married (Joint) Filers in 2018
Personal Income Tax Rates and Thresholds| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from $ 0.000.00 | to | $ 1,000.00 |
| 3% | Income from $ 1,000.01 | to | $ 5,000.00 |
| 4% | Income from $ 5,000.01 | to | $ 10,000.00 |
| 5% | Income from $ 10,000.01 | | and above |
Mississippi Married (separate) Filer Standard Deduction
The standard deduction for a Married (separate) Filer in Mississippi for 2018 is $ 3,400.00.
Mississippi Married (separate) Filer Tax Tables
Mississippi Residents State Income Tax Tables for Married (separate) Filers in 2018
Personal Income Tax Rates and Thresholds| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from $ 0.000.00 | to | $ 1,000.00 |
| 3% | Income from $ 1,000.01 | to | $ 5,000.00 |
| 4% | Income from $ 5,000.01 | to | $ 10,000.00 |
| 5% | Income from $ 10,000.01 | | and above |
Mississippi Head of Household Filer Standard Deduction
The standard deduction for a Head of Household Filer in Mississippi for 2018 is $ 3,400.00.
Mississippi Head of Household Filer Tax Tables
Mississippi Residents State Income Tax Tables for Head of Household Filers in 2018
Personal Income Tax Rates and Thresholds| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from $ 0.000.00 | to | $ 1,000.00 |
| 3% | Income from $ 1,000.01 | to | $ 5,000.00 |
| 4% | Income from $ 5,000.01 | to | $ 10,000.00 |
| 5% | Income from $ 10,000.01 | | and above |
Mississippi Widower Filer Standard Deduction
The standard deduction for a Widower Filer in Mississippi for 2018 is $ 4,600.00.
Mississippi Widower Filer Tax Tables
Mississippi Residents State Income Tax Tables for Widower Filers in 2018
Personal Income Tax Rates and Thresholds| Tax Rate | Taxable Income Threshold |
|---|
| 0% | Income from $ 0.000.00 | to | $ 1,000.00 |
| 3% | Income from $ 1,000.01 | to | $ 5,000.00 |
| 4% | Income from $ 5,000.01 | to | $ 10,000.00 |
| 5% | Income from $ 10,000.01 | | and above |
Mississippi State Payroll Deductions in 2018
In compliance with the regulations set forth by Mississippi, employers are mandated to adhere to specific payroll deduction requirements. These deductions, essential for ensuring conformity with legal standards, are routinely withheld by employers. It's important to note that these deductions are subject to annual revisions. For the year 2018, the detailed breakdown of Mississippi payroll deductions can be found below, reflecting our commitment to both regulatory adherence and transparency.
Mississippi State Payroll Deductions in 2018: Rates for Employers and Employees| Social security category | Employee | Employer | Total |
|---|
| Unemployment Insurance Tax | 0% | 1% | 1% |
| Workforce Development Fund | 0% | 0.2% | 0.2% |
Mississippi State Payroll Deductions in 2018: Thresholds for Employers and Employees| Social security category | Employee | Employer |
|---|
| Min. Earnings | Max. Contribution | Min. Earnings | Max. Contribution |
|---|
| Unemployment Insurance Tax | n/a | n/a | n/a | $ 14,000.00 |
| Workforce Development Fund | n/a | n/a | n/a | $ 14,000.00 |
Federal Income Tax Tables in 2018
Federal Single Filer Tax Tables
The federal standard deduction for a Single Filer in 2018 is $ 12,000.00.
The federal federal allowance for Over 65 years of age Single Filer in 2018 is $ 1,550.00
Mississippi Residents State Income Tax Tables for Single Filers in 2018
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 10% | Income from $ 0.000.00 | to | $ 9,525.00 |
| 12% | Income from $ 9,525.01 | to | $ 38,700.00 |
| 22% | Income from $ 38,700.01 | to | $ 82,500.00 |
| 24% | Income from $ 82,500.01 | to | $ 157,500.00 |
| 32% | Income from $ 157,500.01 | to | $ 200,000.00 |
| 35% | Income from $ 200,000.01 | to | $ 500,000.00 |
| 37% | Income from $ 500,000.01 | | and above |
Federal Married (Joint) Filer Tax Tables
The federal standard deduction for a Married (Joint) Filer in 2018 is $ 24,000.00.
The federal federal allowance for Over 65 years of age Married (Joint) Filer in 2018 is $ 1,300.00
Mississippi Residents State Income Tax Tables for Married (Joint) Filers in 2018
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 10% | Income from $ 0.000.00 | to | $ 19,050.00 |
| 12% | Income from $ 19,050.01 | to | $ 77,400.00 |
| 22% | Income from $ 77,400.01 | to | $ 165,000.00 |
| 24% | Income from $ 165,000.01 | to | $ 315,000.00 |
| 32% | Income from $ 315,000.01 | to | $ 400,000.00 |
| 35% | Income from $ 400,000.01 | to | $ 600,000.00 |
| 37% | Income from $ 600,000.01 | | and above |
Federal Married (separate) Filer Tax Tables
The federal standard deduction for a Married (separate) Filer in 2018 is $ 12,000.00.
The federal federal allowance for Over 65 years of age Married (separate) Filer in 2018 is $ 1,300.00
Mississippi Residents State Income Tax Tables for Married (separate) Filers in 2018
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 10% | Income from $ 0.000.00 | to | $ 9,525.00 |
| 12% | Income from $ 9,525.01 | to | $ 38,700.00 |
| 22% | Income from $ 38,700.01 | to | $ 82,500.00 |
| 24% | Income from $ 82,500.01 | to | $ 157,500.00 |
| 32% | Income from $ 157,500.01 | to | $ 200,000.00 |
| 35% | Income from $ 200,000.01 | to | $ 300,000.00 |
| 37% | Income from $ 300,000.01 | | and above |
Federal Head of Household Filer Tax Tables
The federal standard deduction for a Head of Household Filer in 2018 is $ 18,000.00.
The federal federal allowance for Over 65 years of age Head of Household Filer in 2018 is $ 1,550.00
Mississippi Residents State Income Tax Tables for Head of Household Filers in 2018
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 10% | Income from $ 0.000.00 | to | $ 13,600.00 |
| 12% | Income from $ 13,600.01 | to | $ 51,800.00 |
| 22% | Income from $ 51,800.01 | to | $ 82,500.00 |
| 24% | Income from $ 82,500.01 | to | $ 157,500.00 |
| 32% | Income from $ 157,500.01 | to | $ 200,000.00 |
| 35% | Income from $ 200,000.01 | to | $ 500,000.00 |
| 37% | Income from $ 500,000.01 | | and above |
Federal Widower Filer Tax Tables
The federal standard deduction for a Widower Filer in 2018 is $ 24,000.00.
The federal federal allowance for Over 65 years of age Widower Filer in 2018 is $ 1,300.00
Mississippi Residents State Income Tax Tables for Widower Filers in 2018
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 10% | Income from $ 0.000.00 | to | $ 19,050.00 |
| 12% | Income from $ 19,050.01 | to | $ 77,400.00 |
| 22% | Income from $ 77,400.01 | to | $ 165,000.00 |
| 24% | Income from $ 165,000.01 | to | $ 315,000.00 |
| 32% | Income from $ 315,000.01 | to | $ 400,000.00 |
| 35% | Income from $ 400,000.01 | to | $ 600,000.00 |
| 37% | Income from $ 600,000.01 | | and above |
Mississippi: Federal EITC(Earned Income Tax Credits) Rates and Thresholds in 2018
Note: you must be between the ages of 25 and 65 to claim EITC in 2018 unless you have 1 or more children.
EITC Tables for Unmarried Taxpayers (single and head of household filers) in 2018| Element | Number of Children |
|---|
| 0 | 1 | 2 | 3 |
|---|
| Credit rate | 7.65% | 34% | 40% | 45% |
|---|
| Earned income amount | $ 6,780.00 | $ 10,180.00 | $ 14,290.00 | $ 14,290.00 |
|---|
| Maximum credit amount | $ 519.00 | $ 3,461.00 | $ 5,716.00 | $ 6,431.00 |
|---|
| Phaseout amount threshold | $ 8,490.00 | $ 18,660.00 | $ 18,660.00 | $ 18,660.00 |
|---|
| 7.65% | 15.98% | 21.06% | 21.06% |
|---|
EITC Tables for Married taxpayers (married filing jointly, Qualifying Widow(er)) in 2018| Element | Number of Children |
|---|
| 0 | 1 | 2 | 3 |
|---|
| Credit rate | 7.65% | 34% | 40% | 45% |
|---|
| Earned income amount | $ 7,840.00 | $ 11,750.00 | $ 16,510.00 | $ 16,510.00 |
|---|
| Maximum credit amount | $ 519.00 | $ 3,461.00 | $ 5,716.00 | $ 6,431.00 |
|---|
| Phaseout amount threshold | $ 14,290.00 | $ 18,660.00 | $ 18,660.00 | $ 18,660.00 |
|---|
| Phaseout rate | 7.65% | 15.98% | 21.06% | 21.06% |
|---|
Mississippi: Federal FICA Rates in 2018
Mississippi FICA in 2018: Rates for Employers and Employees| FICA category | Employee | Employer | Total |
|---|
| Social Security | 6.2% | 6.2% | 12.4% |
| Medicare | 1.45% | 1.45% | 2.9% |
| Additional Medicare | 0.9% | 0% | 0.9% |
| Federal Unemployment Taxes (FUTA) | 0% | 6% | 6% |
Mississippi FICA in 2018: Thresholds for Employers and Employees| FICA category | Employee | Employer |
|---|
| Min. Earnings | Max. Contribution | Min. Earnings | Max. Contribution |
|---|
| Social Security | n/a | $ 128,400.00 | n/a | $ 128,400.00 |
| Medicare | n/a | n/a | n/a | n/a |
| Additional Medicare | $ 200,000.00 | n/a | n/a | n/a |
| Federal Unemployment Taxes (FUTA) | n/a | n/a | n/a | $ 7,000.00 |
Mississippi: Federal Retirement Plan Thresholds in 2018
Federal Retirement Plan Types and Thresholds in 2018| Retirment Plan type | Standard | Over 50 Catch Up |
|---|
| 401(k), 403(b), SARSEP, and 457 plans | $ 18,500.00 | $ 6,000.00 |
| SIMPLE plans | $ 12,500.00 | $ 3,000.00 |
2018 Tax Calculator for Mississippi
The 2018 tax rates and thresholds for both the Mississippi State Tax Tables and Federal Tax Tables are comprehensively integrated into the Mississippi Tax Calculator for 2018. This tool is freely available and is designed to help you accurately estimate your 2019 tax return.
Historic Tax Tables supported for Mississippi
The following tax tables are supported by iCalculator™ US as part of the suite of free tax tools available in the US Tax HUB we provide for Mississippi.