Mississippi State Income Tax Withholding Information

State Abbreviation:

MS

State Tax Withholding State Code:

28

Acceptable Exemption Form:

89-350-10-2

Basis For Withholding:

Three digit number from Special Coding & Federal Marital Status (use Federal Standard Deduction)

Acceptable Exemption Data:

Three digits from Special Coding

TSP Deferred:

Yes

Special Coding:

Determine the Exemption Data field as follows:

Divide the dollar amount in Item 6 of the state certificate by 100. Multiply the result by 2. (Examples are 120 for $6,000, 190 for $9,500, 240 for $12,000).

If no exemptions are claimed, enter 000.

Additional Information:

None

Withholding Formula (Effective Pay Period 3, 2000)

  1. Subtract the biweekly Thrift Savings Plan contribution from the gross biweekly wages.

  2. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program, and flexible spending account - health care and dependent care deductions) from the amount computed in Step 1.

  3. Multiply the adjusted gross biweekly wages times 26 to obtain the annual wages.

  4. Determine the standard deduction by applying the following guideline and subtract this amount from the annual wages.

    If the Employee Is: The Standard Deduction Is:
    Single $ 2,300
    Married 4,600
    Head of Household 3,400
    Married (Both Spouses Working) 2,300

  5. Determine the personal exemption allowance by applying the following guideline and subtract this amount from the result of step 4 to compute at the taxable income.

    The exemption allowance is the "Total Amount of Exemption Claimed" entered in Item 6 on the Mississippi tax withholding Form 89-350-10-2 (Rev 01/10)

  6. Apply the taxable income computed in step 5 to the following table to determine the Mississippi tax withholding.

    Tax Withholding Table

    If the Amount of
    Taxable Income Is:

    The Amount of Mississippi
    Tax Withholding Should Be:

    Over:

    But Not Over:

    		  

    Of Excess Over:

    $0

    $5,000

    $0

    plus

    3%

    $0

    5,000

    10,000

    150

    plus

    4%

    5,000

    10,000

    and over

    350

    plus

    5%

    10,000

  7. Divide the annual Mississippi tax withholding by 26 and round to the nearest dollar to obtain the biweekly Mississippi tax withholding.