2026 Mississippi Income Tax Brackets & Rates
Federal and state tax brackets, capital gains rates, and corporate tax rates for Mississippi in tax year 2026.
Federal Income Tax Brackets (2026)
| From | To | Rate |
|---|---|---|
| $0 | $12,400 | 10.00% |
| $12,400 | $50,400 | 12.00% |
| $50,400 | $105,700 | 22.00% |
| $105,700 | $201,775 | 24.00% |
| $201,775 | $256,225 | 32.00% |
| $256,225 | $640,600 | 35.00% |
| $640,600 | ∞ | 37.00% |
Mississippi State Income Tax Brackets (2026)
| From | To | Rate |
|---|---|---|
| $0 | $10,000 | 0.00% |
| $10,000 | ∞ | 4.00% |
Federal Capital Gains Tax Brackets (2026)
| From | To | Rate |
|---|---|---|
| $0 | $49,450 | 0.00% |
| $49,450 | $545,500 | 15.00% |
| $545,500 | ∞ | 20.00% |
Additional Information
- Federal Corporate Tax Rate
- 21.00%
- State Corporate Tax Rate
- 5.00%
- Federal Standard Deduction (Single)
- $16,100
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) — 2026
OfficialValues verified- Rate bracketsTier 1 · Primary authority
- Standard deductionTier 1 · Primary authority
- Capital gainsTier 1 · Primary authority
- Corporate rateTier 1 · Primary authority
3 sources— show— hide
Cited for Rate brackets, Standard deduction, Capital gains, Corporate rate · confirmed
Section 4.14(1) table, page 18 of the PDF
- Irs Releases Tax Inflation Adjustments For Tax Year 2026 Including…irs.govTier 1 · Primary authority
Cited for Rate brackets, Standard deduction · confirmed
Press release states $16,100 directly
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 — 2026
OfficialValues verifiedModeled as a zero-rate first bracket up to $10,000 and 4.0% 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
5 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 the statutory schedule: 4.7% (2024), 4.4% (2025), 4% (2026+)
Cited for Corporate rate · confirmed
Tax Foundation's 2026 brackets table lists the same graduated 4%/5% MS corporate structure as 2025, i.e., unaffected by HB1's individual-only cuts
Cited for Rate brackets, Capital gains · confirmed
Directly fetched/read this session; explicitly states the rate is 4.0% 'as of tax year 2026' before further legislated drops to 3.75%/3.5%/3.25%/3.0% in 2027-2030
Cited for Rate brackets · confirmed
Aggregator headline corroborating 4% on income over $10,000 for 2026
How we rate sources — tiers are derived from what published the document, not from our confidence in it.