Tax rate used in calculating Mississippi state tax for year 2021
State Abbreviation: |
MS
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State Tax Withholding State Code: |
28
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Acceptable Exemption Form: |
89-350-98-1
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Basis For Withholding: |
Federal marital status and number of state exemptions
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Acceptable Exemption Data: |
S, M / Number of Exemptions
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TSP Deferred: |
Yes
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Special Coding: |
Determine the Total Number Of Allowances field as follows:
Divide the dollar amount in Item 6 of the state certificate by 100. Multiply the result by 2. (Examples are 120 for $6,000, 190 for $9,500, 240 for >$12,000<)
If no exemptions are claimed, enter 000.
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Additional Information: |
Determine the Total Number Of Allowances field as follows:
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Withholding Formula >(Mississippi Effective 2021) <
- Subtract the biweekly Thrift Savings Plan contribution from the gross biweekly wages.
- Multiply the adjusted gross biweekly wages times 26 to obtain the annual wages.
- Determine the standard deduction by applying the following guideline and subtract this amount from the annual wages.
If the Employee Is: |
The Standard Deduction Is: |
Single
|
$ 2,300
|
Married
|
4,600
|
Head of Household
|
3,400
|
Married (Both Spouses Working)
|
2,300
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- Determine the personal exemption allowance by applying the following guideline and subtract this amount from the result of step 3 to compute at the taxable income.
The exemption allowance is the "Total Amount of Exemption Claimed" entered in Item 6 on the Mississippi tax withholding Form 89-350-98-1 >(Rev4/99)<
- Apply the taxable income computed in step 4 to the following table to determine the Mississippi tax withholding.
Tax Withholding Table |
If the Amount of
Taxable Income Is: |
The Amount of Mississippi
Tax Withholding Should Be: |
Over:
|
But Not
Over: |
|
Of Excess
Over: |
$ 0
|
$ 3,000
|
$ 0
|
plus
|
0%
|
$ 0
|
$ 3000
|
$ 5,000
|
$ 0
|
plus
|
3%
|
$ 3000
|
5,000
|
10,000
|
60
|
plus
|
4%
|
5,000
|
10,000
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and over
|
260
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plus
|
5%
|
10,000
|
- Divide the annual Mississippi tax withholding by 26 and round to the nearest dollar to obtain the biweekly Mississippi tax withholding.
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