How much tax is taken out of a paycheck in mississippi?

If you are looking to determine how much withholding should be taken out of your paycheck for Mississippi, you can check the Withholding Tax Table for:

Try this online salary paycheck calculator at Paycheckcity.com.

Mississippi has a graduated tax rate and these rates are the same for businesses and individuals. The graduated income tax rate includes:

  • 3% on the first $5,000 of taxable income.
  • 4% on the next $5,000 of taxable income.
  • 5% on all taxable income over $10,000.

How do you figure out the percentage of taxes taken out of paychecks? Visit Smallbusiness.chron.com to learn more.

Updated on Tuesday, June 03 2014 at 09:11AM EDT
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