Mississippi Income Tax Guide for 2025

Overview

Mississippi uses a progressive income tax system with rates ranging from 0% to 4.4%. Capital gains are taxed as ordinary income. The state offers a standard deduction of $2,300 for single filers, personal exemptions of $6,000, and dependent exemptions of $1,500.

Income Tax Rates

Single Filers

Income RangeTax Rate
Up to $9,9990%
$10,000+4.4%

Married Filing Jointly

Income RangeTax Rate
Up to $9,9990%
$10,000+4.4%

Capital Gains Tax

Capital gains are taxed at the same rates as ordinary income.

Deductions & Exemptions

TypeAmount
Standard Deduction (Single)$2,300
Standard Deduction (Married Filing Jointly)$4,600
Personal Exemption (Single)$6,000
Personal Exemption (Married)$12,000
Dependent Exemption$1,500

Additional Information

  • Retirement benefits tax-free if requirements met
  • 0% on the first $10,000 of taxable income; 4.4% on taxable income over $10,000 for 2025 (falls to 4.0% for 2026 under HB 1 of 2025)
  • The $6,000 / $12,000 personal exemption is separate from and in addition to the standard deduction

Charts

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Sources

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Last updated: September 15, 2026

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