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

MDES Online Services for Employers

UI Forms

 

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.

Register

 

File Transfer Options

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