USA State Taxes
MISSISSIPPI (MS)
STATE INCOME TAX (SIT)
Description | Amount | Effective Date | Website | Deposit Method / Frequency / Threshold | Forms |
---|---|---|---|---|---|
Wage Withholding | Tables | Department of Revenue - Withholding Tax and Tables |
Monthly Over $3,600 /yr. Quarterly $0 - $3,599.99/yr. Accelerated Monthly Mandated for Prepayment
Register and file at MS Taxpayer Access Point (TAP)
|
See website link.
Withholding Exemption Certificate: Form 89-350 |
|
Supplemental Wage / Bonus Rate | None |
Notes: | A return must be filed for every filing period even if no tax is due. No reciprocal agreement between states. |
STATE UNEMPLOYMENT INSURANCE (SUI)
Description | Amount | Effective Date | Website | Deposit Method / Frequency / Threshold | Forms |
---|---|---|---|---|---|
Maximum Taxable Earnings | $14,000 | Unchanged from 2023 | Mississippi Department of Employment Security (MDES) |
Quarterly - Check
Register, file and pay at |
Quarterly Wage Report - UI 2/3 R |
Employee Deduction | None | ||||
Employer Tax Rate (Includes 0.20% workforce investment and training contribution rate) |
0.20 – 5.60% | Changed from 2023 | |||
New Employment Rate - Standard (includes 0.20% workforce investment and training contribution rate) |
1.2 – 1.4% New employers pay 1.2% in 1st year, 1.3% in 2nd year and 1.40% in 3rd year |
Increased from 1.0-1.2% in 2023 | |||
Voluntary Contribution Permitted | No |
NEW HIRE REPORTING
Website | Frequency / Method | Forms |
---|---|---|
New Hire |
All newly hired and/or rehired employees must be reported within 15 days of their hire date, whether they are full-time, part-time, or temporary employees. Electronic submissions must be made in two monthly transmissions not more than 12-16 days apart.
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New Hire Form |
WEBSITES
Disclaimer: This information is for reference only. To ensure accurate set up, we highly recommend that the information is verified with the applicable federal and state/provincial agencies. TimeTrex makes no claims, guarantees, or promises about the accuracy, current status, or completeness of the information provided. In no event shall TimeTrex be liable for any errors or omissions with respect to any resource information.
Last updated Jan 2024