2023 Mississippi Income Tax Brackets & Rates
Mississippi taxes a single filer's taxable income at a flat 5% above $10,000 for tax year 2023. These figures are provisional, last checked 2026-07-31.
Federal and state tax brackets, capital gains rates, and corporate tax rates for Mississippi in tax year 2023.
Federal Income Tax Brackets (2023)
| From | To | Rate |
|---|---|---|
| $0 | $11,000 | 10.00% |
| $11,000 | $44,725 | 12.00% |
| $44,725 | $95,375 | 22.00% |
| $95,375 | $182,100 | 24.00% |
| $182,100 | $231,250 | 32.00% |
| $231,250 | $578,125 | 35.00% |
| $578,125 | No limit | 37.00% |
Mississippi State Income Tax Brackets (2023)
| From | To | Rate |
|---|---|---|
| $0 | $10,000 | 0.00% |
| $10,000 | No limit | 5.00% |
Federal Capital Gains Tax Brackets (2023)
| From | To | Rate |
|---|---|---|
| $0 | $44,625 | 0.00% |
| $44,625 | $492,300 | 15.00% |
| $492,300 | No limit | 20.00% |
Additional Information
- Federal Corporate Tax Rate
- 21.00%
- State Corporate Tax Rate
- 5.00%
- Federal Standard Deduction (Single)
- $13,850
Common questions
- Does Mississippi have an income tax in 2023?
- Yes. Mississippi taxes a single filer's taxable income at a flat 5% above $10,000 for tax year 2023.
- What is the top Mississippi income tax rate for 2023?
- 5%, on a single filer's taxable income above $10,000.
- Are the 2023 Mississippi income tax figures final?
- Not yet. They are provisional, last checked 2026-07-31, and will be confirmed against the final published schedule.
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) — 2023
OfficialValues verified- Rate bracketsNot separately cited
- Standard deductionNot separately cited
- Capital gainsNot separately cited
- Corporate rateNot separately cited
No source is recorded for this entry. Treat the figures as directional and verify them against the jurisdiction’s own publication before relying on them.
How we rate sources — tiers are derived from what published the document, not from our confidence in it.
Mississippi — 2023
ProvisionalValues verifiedTY2023 $8,300 shield ($2,300 standard deduction + $6,000 exemption) rests on the review's 'unchanged' framing. Confirm against the 2023 Form 80-100 instructions.
- Rate bracketsNot separately cited
- Standard deductionNot separately cited
- Capital gainsNot separately cited
- Corporate rateNot separately cited
No source is recorded for this entry. Treat the figures as directional and verify them against the jurisdiction’s own publication before relying on them.
How we rate sources — tiers are derived from what published the document, not from our confidence in it.