Mississippi Paycheck Calculator

Our Mississippi Paycheck Calculator walks you through gross pay, deductions, and withholding down to the penny, reflecting Mississippi’s 0% rate on the first $10,000 of taxable income and 4.7% on the remainder DOR. It applies current Social Security (6.2%) and Medicare (1.45%) rates per IRS Publication 15 Topic 751 Internal Revenue Service, incorporates federal minimum wage rules under the FLSA (no state minimum above the $7.25 per hour federal baseline) DOL, and factors state unemployment contributions with new‑employer SUI rates of 1.0% rising to 1.2% by year three Online HR & Payroll Built for Employees. Unlike bare‑bones tools, we offer clear definitions, step‑by‑step guidance, and MS‑specific tips on Form 89‑350 allowances and withholding strategies DOR.

How Our Calculator Works

  1. Enter Gross Pay: Input your hourly rates and hours worked (including 1.5× overtime per FLSA standards) or enter your salary to prorate by pay period hrm.msstate.edu.
  2. Add Pre‑Tax Deductions: Include 401(k), HSA, and health‑insurance premiums to reduce taxable wages and lower both federal and state taxes ADP.
  3. Specify Withholding Details: Fill in your federal W‑4 information and Mississippi Form 89‑350 allowances for precise state withholding DOR.
  4. Review Withholdings: See federal income tax per IRS Publication 15‑T methods Internal Revenue Service, Social Security & Medicare at 6.2% and 1.45% respectively Internal Revenue ServiceSocial Security, state income tax (4.7% on wages over $10,000) DOR, FUTA at 6% on the first $7,000 of wages (0.6% after state credit) OnPayTax News, and SUI per Mississippi’s wage base rules Online HR & Payroll Built for Employees.
  5. Get Net Pay: Instantly view your take‑home pay after all deductions—no surprises.

Key Paycheck Components

Gross Pay

Total earnings before deductions—hours × rate for hourly workers (including 1.5× overtime) or salary divided by pay periods for salaried employees hrm.msstate.edu.

Pre‑Tax Deductions

Contributions taken before taxes (401(k), HSA, FSAs, insurance premiums) lower your taxable income and reduce both FICA and federal unemployment dues ADP.

Federal Income Tax

Withheld per IRS Publication 15‑T tables using either the Wage Bracket or Percentage Method based on W‑4 inputs Internal Revenue Service.

Social Security & Medicare (FICA)

Federal Unemployment Tax (FUTA)

Employers owe 6% on the first $7,000 of wages, with a 5.4% credit for timely state UI payments (effective 0.6% rate) OnPayTax News.

Mississippi State Income Tax

0% on the first $10,000 of taxable income; 4.7% on the remainder for tax year 2024 (filed in 2025) DOR.

State Unemployment Insurance (SUI)

Employers pay on the first $14,000 of wages at rates from 0.00% to 5.40% for experienced employers and 1.00% to 1.20% for new employers over the first three years Online HR & Payroll Built for Employees.

Mississippi‑Specific Details

Form 89‑350 & Allowances

Mississippi’s Form 89‑350 lets employees claim $1,500 per dependent (beyond taxpayer and spouse) to adjust state withholding; leaving it blank triggers the highest rate with no exemptions DOR.

Minimum Wage & Overtime

Mississippi has no state minimum wage; employers default to the $7.25/hr federal rate. Overtime (1.5× pay) applies after 40 hours/week under FLSA DOLhrm.msstate.edu.

Withholding Tables & Pay Frequency

The DOR publishes withholding tables for daily, weekly, bi‑weekly, semi‑monthly, and monthly pay frequencies to ensure accurate calculations DOR.

Future Tax Phase‑Out

Under H.B. 1 (“Build up Mississippi Act”), personal income tax rates will decrease gradually—4.0% in 2026, 3.75% in 2027, down to 3.0% by 2030 American Legislative Exchange Council.

Pro Tips to Maximize Take‑Home Pay

  • Boost Pre‑Tax Savings: Max out HSA and retirement plan contributions to lower both taxable income and payroll taxes Internal Revenue Service.
  • Plan Supplemental Wages: Use the 22% flat federal withholding rate for bonuses and commissions to avoid under‑withholding surprises auditor.geauga.oh.gov.

FAQs

Q: Can I calculate bonuses and final paychecks?
A: Yes—switch to supplemental‑wage mode to apply the IRS’s flat 22% rate on bonuses, stock options, and severance payments auditor.geauga.oh.gov.

Q: Why does my calculator show no local tax?
A: Mississippi does not levy any city or municipal income taxes—only the 4.7% state rate applies above $10,000 DOR.

Q: How do I report new hires?
A: Mississippi law requires employers to report all new or rehired employees within 15 calendar days of hire to the State Directory of New Hires Mississippi State Directory of New Hires.