2025 Mississippi Income Tax Brackets & Rates
Federal and state tax brackets, capital gains rates, and corporate tax rates for Mississippi in tax year 2025.
Federal Income Tax Brackets (2025)
| From | To | Rate |
|---|---|---|
| $0 | $11,925 | 10.00% |
| $11,925 | $48,475 | 12.00% |
| $48,475 | $103,350 | 22.00% |
| $103,350 | $197,300 | 24.00% |
| $197,300 | $250,525 | 32.00% |
| $250,525 | $626,350 | 35.00% |
| $626,350 | ∞ | 37.00% |
Mississippi State Income Tax Brackets (2025)
| From | To | Rate |
|---|---|---|
| $0 | $10,000 | 0.00% |
| $10,000 | ∞ | 4.40% |
Federal Capital Gains Tax Brackets (2025)
| From | To | Rate |
|---|---|---|
| $0 | $48,350 | 0.00% |
| $48,350 | $533,400 | 15.00% |
| $533,400 | ∞ | 20.00% |
Additional Information
- Federal Corporate Tax Rate
- 21.00%
- State Corporate Tax Rate
- 5.00%
- Federal Standard Deduction (Single)
- $15,750
Sources & Trust
Every figure above is traceable to a published source. Each source is rated by what published it, not by how confident we feel about it.
Federal (United States) — 2025
OfficialValues verified- Rate bracketsTier 1 · Primary authority
- Standard deductionTier 1 · Primary authority
- Capital gainsTier 1 · Primary authority
- Corporate rateTier 1 · Primary authority
4 sources— show— hide
Cited for Rate brackets · confirmed
Primary citation recorded with the tax table entry; coverage beyond the rate brackets is unconfirmed.
Cited for Rate brackets, Standard deduction, Capital gains · confirmed
Section 2.15(1): 2025 standard deduction for unmarried individuals = $15,000 (pre-OBBBA)
Cited for Standard deduction, Corporate rate · confirmed
Section 3.01: removes Rev. Proc. 2024-40 §2.15(1); restates 2025 amount as $15,750 under OBBBA §70102
Cited for Corporate rate · confirmed
Official U.S. Code text: flat 21% corporate rate under §11(b)
How we rate sources — tiers are derived from what published the document, not from our confidence in it.
Mississippi — 2025
OfficialValues verifiedModeled as a zero-rate first bracket up to $10,000 and 4.4% above. Standard deduction ($2,300) and personal exemption ($6,000) are modeled as a combined $8,300 single-filer shield.
- Rate bracketsTier 1 · Primary authority
- Standard deductionNot separately cited
- Capital gainsTier 4 · Restatement
- Corporate rateTier 3 · Expert secondary
9 sources— show— hide
Cited for Rate brackets · confirmed
Primary citation recorded with the tax table entry; coverage beyond the rate brackets is unconfirmed.
Cited for Rate brackets · confirmed
Quotes Miss. Code §27-7-5 rate schedule: 4.7% (2024), 4.4% (2025), 4% (2026+), 0% brackets up to $10,000
Cited for Corporate rate · confirmed
Tax Foundation's detailed brackets table: MS corporate = 4% >$5,000, 5% >$10,000, for both 2025 and 2026 (aggregator)
- Mississippi Governor Signs Legislation Phasing Out Individual Income Taxtax.thomsonreuters.comTier 3 · Expert secondary
Cited for Corporate rate · confirmed
Confirms HB1/Build-Up Mississippi Act is described exclusively as an individual income tax phase-out, with no mention of a corporate rate change (aggregator/trade press)
Cited for Rate brackets, Corporate rate · confirmed
State Economist's fiscal analysis of HB1 (Build Up Mississippi Act), fetched and read directly this session; frames 4.0% as 'as of tax year 2026', implying 2025 = 4.4%
Cited for Rate brackets · confirmed
Aggregator corroboration of 0%/$10,000 and 4.4% for TY2025
Cited for Capital gains · confirmed
States MS taxes all capital gains as ordinary income at the flat state rate, no LTCG/STCG distinction
Cited for Capital gains · confirmed
Corroborates no preferential state capital-gains rate
Cited for Corporate rate · confirmed
Aggregator citing 4.7% top corporate rate distinct from the 4.4% individual rate
How we rate sources — tiers are derived from what published the document, not from our confidence in it.