Free Mississippi Paycheck Calculator

The salary calculator will help you automatically calculate your annual salary, weekly salary, and also the number of hours you work per week, the frequency of payments, the taxes of the different states where you are located, in addition to showing you the salary breakdown, it will also provide you with charts to access, all you need to do is to fill out the calculator below to get your answer.

All-in-One Paycheck Calculator

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Used to calculate yearly salary if only hourly wage is given How often you receive your paycheck Used to apply state income tax (default flat rate per state) % of income contributed to retirement savings (optional) Health, dental, or other deductions

How We Ensure Your Calculations Are Accurate at HnKey

Verified Data:In order to ensure that the accuracy of our calculations is our main priority, our team frequently checks the tax information, and policies of the IRS to review our calculations in a timely manner.

Regularly Updated:It is important to note that these data, not our guesses, come from official sources such as the IRS and state tax offices.

Disclaimer: This tool is for estimation purposes only and does not constitute financial advice. Please consult a qualified professional for personalized financial guidance.

The Mississippi paycheck calculator is a valuable tool for understanding your take-home pay after taxes and deductions. Whether you’re an employee or employer in Mississippi, knowing how state and federal taxes impact your paycheck is essential for financial planning. This guide provides a clear overview of the key components involved in calculating a paycheck in Mississippi, including tax rates, withholding processes, and official resources.

Federal Income Tax

Federal income tax is withheld from your paycheck based on your gross income, filing status, and the number of allowances claimed on your IRS Form W- IRS uses a progressive tax system, with rates ranging from 10% to 37% for 2025, depending on your taxable income. To estimate your federal tax withholding, employers refer to the IRS Publication 15 (Circular E), which provides tax withholding tables. Your filing status (single, married filing jointly, or head of household) and any additional withholdings you elect on the W-4 directly affect the amount deducted.

Mississippi State Income Tax

Mississippi levies a state income tax with a simple, progressive structure. For 2025, the state uses the following tax brackets for single filers, based on taxable income (married filers and other statuses have adjusted brackets):

  • 0% on the first $10,000
  • 4% on income between $10,001 and $15,000
  • on income between $15,001 and $20,000
  • 5% on income over $20,000

These rates are applied after deductions and exemptions, such as the standard deduction or personal exemptions, which can reduce your taxable income. Employers calculate state income tax withholding using guidelines from the Mississippi Department of Revenue. Mississippi does not impose local income taxes, so only state and federal taxes apply.

FICA Taxes

FICA (Federal Insurance Contributions Act) taxes fund Social Security and Medicare. For 2025, the Social Security tax rate is on income up to $168,600, and the Medicare tax rate is on all income, with an additional for high earners (over $200,000 for single filers or $250,000 for married filing jointly). Both employees and employers each pay half of the total FICA tax, meaning is withheld from your paycheck unless you exceed the Medicare threshold. The Social Security Administration provides detailed guidelines on these contributions.

Other Deductions

Beyond taxes, your paycheck may reflect additional deductions, such as health insurance premiums, retirement contributions (e.g., 401(k) or Mississippi’s Public Employees’ Retirement System for state employees), and wage garnishments, if applicable. These vary by individual and employer, so review your pay stub to understand specific deductions.

How Paycheck Calculations Work

To calculate your net pay (take-home pay), follow these steps:

  1. Determine your gross pay (total earnings before deductions).
  2. Subtract pre-tax deductions (e.g., retirement contributions or health savings account contributions) to get your taxable income.
  3. Apply federal income tax withholding based on your W-4 and IRS tables.
  4. Calculate Mississippi state income tax based on the state’s tax brackets.
  5. Deduct FICA taxes (Social Security and Medicare).
  6. Subtract any post-tax deductions (e.g., union dues or life insurance premiums).

The result is your net pay. For accurate calculations, use the Mississippi paycheck calculator on this page, which accounts for federal and state tax rules, FICA, and common deductions.

Official Resources and Considerations

For precise tax information, consult the IRS website for federal tax details and the Mississippi Department of Revenue for state-specific guidelines. If you’re self-employed, you’ll need to account for self-employment tax ( for Social Security and Medicare) and make quarterly estimated tax payments. Always update your W-4 with your employer if your financial situation changes, such as marriage or a new job, to ensure accurate withholding.

Using the Paycheck Calculator

The Mississippi paycheck calculator simplifies this process by automating tax and deduction calculations. Enter your gross pay, filing status, allowances, and any additional deductions to get an accurate estimate of your take-home pay. This tool is especially useful for budgeting, planning for tax season, or comparing job offers.

The above information is reviewed by our team of tax experts, all of them have an average of about 10 years of experience in the U.S. tax, if you have any questions, you can submit the form to us, our experts will be within 24 hours, reply to you.

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