Mississippi State tax brackets in 2018

MississippiMississippi's tax brackets haven't changed since last year. Mississippi has 3 tax brackets and 3 corresponding tax rates. The lowest tax rate is 3.00% and the highest tax rate is 5.00%.

The combined federal and state marginal tax rate in the highest income range is 42.00%.

The maximum standard deductions in 2018 are $2,300 for single, married filing separately and head of household tax filers, and $4,600 for married filing jointly tax filers.

Mississippi personal exemptions are reducing the taxable income. The amount of the exemption is $6,000 for single, $12,000 for married filing jointly, $6,000 for married filing separately and $6,000 for head of household tax filers.

The Mississippi Dependant Deduction is $1,500 in 2018, which is reducing the taxable income.

2018 Mississippi State tax brackets and tax rates

Taxable income Tax rate
$0 - $5,000 3.00%
$5,001 - $10,000 4.00%
$10,001 - 5.00%
Taxable income Tax rate
$0 - $5,000 3.00%
$5,001 - $10,000 4.00%
$10,001 - 5.00%
Taxable income Tax rate
$0 - $5,000 3.00%
$5,001 - $10,000 4.00%
$10,001 - 5.00%
Taxable income Tax rate
$0 - $5,000 3.00%
$5,001 - $10,000 4.00%
$10,001 - 5.00%

Combined Federal & Mississippi tax brackets and marginal tax rates 2018

Taxable income Federal rate State rate Combined rate
$0 - $5,000 10.00% 3.00% 13.00%
$5,001 - $9,525 10.00% 4.00% 14.00%
$9,526 - $10,000 12.00% 4.00% 16.00%
$10,001 - $38,700 12.00% 5.00% 17.00%
$38,701 - $82,500 22.00% 5.00% 27.00%
$82,501 - $157,500 24.00% 5.00% 29.00%
$157,501 - $200,000 32.00% 5.00% 37.00%
$200,001 - $500,000 35.00% 5.00% 40.00%
$500,001 - 37.00% 5.00% 42.00%
Taxable income Federal rate State rate Combined rate
$0 - $5,000 10.00% 3.00% 13.00%
$5,001 - $10,000 10.00% 4.00% 14.00%
$10,001 - $19,050 10.00% 5.00% 15.00%
$19,051 - $77,400 12.00% 5.00% 17.00%
$77,401 - $165,000 22.00% 5.00% 27.00%
$165,001 - $315,000 24.00% 5.00% 29.00%
$315,001 - $400,000 32.00% 5.00% 37.00%
$400,001 - $600,000 35.00% 5.00% 40.00%
$600,001 - 37.00% 5.00% 42.00%
Taxable income Federal rate State rate Combined rate
$0 - $5,000 10.00% 3.00% 13.00%
$5,001 - $9,525 10.00% 4.00% 14.00%
$9,526 - $10,000 12.00% 4.00% 16.00%
$10,001 - $38,700 12.00% 5.00% 17.00%
$38,701 - $82,500 22.00% 5.00% 27.00%
$82,501 - $157,500 24.00% 5.00% 29.00%
$157,501 - $200,000 32.00% 5.00% 37.00%
$200,001 - $300,000 35.00% 5.00% 40.00%
$300,001 - 37.00% 5.00% 42.00%
Taxable income Federal rate State rate Combined rate
$0 - $5,000 10.00% 3.00% 13.00%
$5,001 - $10,000 10.00% 4.00% 14.00%
$10,001 - $13,600 10.00% 5.00% 15.00%
$13,601 - $51,800 12.00% 5.00% 17.00%
$51,801 - $82,500 22.00% 5.00% 27.00%
$82,501 - $157,500 24.00% 5.00% 29.00%
$157,501 - $200,000 32.00% 5.00% 37.00%
$200,001 - $500,000 35.00% 5.00% 40.00%
$500,001 - 37.00% 5.00% 42.00%

Mississippi State standard deduction 2018

Filing status Standard deduction
Single $2,300
Married, filing jointly $4,600
Married, filing separately $2,300
Head of Household $2,300

Mississippi State Exemption 2018

Filing statusPersonal Exemption
Single $6,000
Married, filing jointly $12,000
Married, filing separately $6,000
Head of Household $6,000

Mississippi State Dependant exemption 2018

Dependant Deduction $1,500