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Mississippi Retirement Income Tax Calculator

Mississippi exempts Social Security and qualifying pensions and IRAs; other income is taxed at 4% above $10,000.

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Mississippi resident retirement worksheet

Use the year income is received, not the filing year. Later years use a separately approved assessment until the next return rules are verified.

Prepared positive Mississippi income after contribution basis and other state modifications, before the qualifying retirement exclusions below. Social Security and qualified railroad benefits already outside this income base. Approve retirement age / service, normal-distribution conditions, actual filing method and deductions; no unresolved source allocation, income losses or special distribution treatment.

Joint filing places approved household amounts in one column. Eligible combined and spouse-died methods preserve separate nonnegative owner columns and net mixed positive / negative columns. For spouse-died status, confirm death during this actual tax year and include only the deceased spouse’s income before death. Do not transfer another person’s income to manufacture a second zero-rate band. Prepare deductions and exemptions for the chosen method.

Independently approve a valid combined return and the actual income assignment. The resident instructions describe this method when both spouses have income; it is not an automatic $20,000 household exclusion.

State income after basis and other approved modifications, including the qualifying retirement amount below. Already-exempt Social Security and qualified railroad benefits are outside this input.

Normal qualifying federal, state or private retirement / pension / annuity income. Early or excess distributions, separation pay and deferred compensation before applicable retirement age / service requirements are not automatically exempt. Keep taxable distributions in prepared income and out of this qualifying subset.

Illustrative allocation. Joint / combined standard deduction totals $4,600; single / separate $2,300 and head of family $3,400 under current agency guidance. State income tax is not a deductible itemized expense. Approve limits and allocation independently.

Illustrative $6,000 personal plus $1,500 approved age exemption. Actual status, dependent, age / blindness rules and joint / combined allocation must be prepared. Separate-return unused amounts cannot be borrowed.

Separate approved owner income, including that recipient’s qualifying retirement below.

Separately approved normal qualifying retirement. Exempt Social Security and railroad benefits stay outside both owner income inputs.

Joint / combined deductions may be allocated as allowed by the resident instructions; verify the total. The calculator does not choose the allocation.

Separate approved allocation and actual eligibility. Do not duplicate an exemption already allocated to you.

Prepare approved current-year credits and state limits. Do not enter withholding, estimated payments or refundable credits. Blank preserves only before-credit tax.

Mississippi · 2026 estimate

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Mississippi 2026 estimate before credits —
Approved included retirement exemptions
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Modeled adjusted Mississippi income
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Your taxable column before any pooling
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Spouse’s taxable column before any pooling
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Taxable income used across the modeled columns
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Estimate after approved nonrefundable credits
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Calculation scopeConfirm ordinary full-year resident inputs and retirement classification

Illustrative defaults. Enter approved taxable amounts and confirm eligibility. The result covers the displayed worksheet conditions; a complete return may require other income, adjustments, deductions or credits.

Tax year 2026: verified 4% above $10,000, reviewed October 2, 2026. Published 2025 resident instructions and current retirement rules supply continuing distribution and filing-method conditions. Combined-return mixed positive / negative taxable columns are netted before one rate calculation. This cent estimate is separate from final whole-dollar filing.

Reviewed October 2, 2026. Mississippi retirement tax in 2026: exempt plans, taxable withdrawals and spouse columns

What Mississippi taxes in retirement

Partly taxed: limits by age, plan, owner or income apply. Military retirement is covered in the guide. How these labels work.

Mississippi retirement tax in 2026: exempt plans, taxable withdrawals and spouse columns

Estimate Mississippi’s 2026 tax with approved retirement exemptions, separate spouse columns, mixed-sign netting and the verified 4% rate above $10,000.

Mississippi’s current agency table puts the tax-year 2026 rate at 4% on taxable income above $10,000. The same page’s 4.4% example concerns 2025 returns filed in 2026; the 3.75% rate belongs to 2027. Neither is the 2026 rate. The first $10,000 of taxable income has a zero rate. Determine the actual filing method before treating this as one household allowance or two owner calculations.

Normal qualifying retirement allowances, pensions, annuities and approved optional retirement income from federal, state and private plans are exempt. Current rules include qualifying IRA / Keogh income and deferred compensation when the recipient meets the applicable retirement age, service or other conditions; beneficiary treatment follows the stated rule. Roth IRA payments follow their federal distribution classification. Early or excess distributions and separation pay do not automatically qualify. Prepare state contribution basis and classification before entering each owner’s otherwise included income and its approved exempt-retirement subset. Already-exempt Social Security and qualified railroad benefits stay outside both income inputs.

Married joint filing uses one pooled taxable column. An eligible combined return assigns income to separate spouse columns, and the resident instructions also preserve separate columns for the spouse-died method. When both taxable columns are nonnegative, compute each column’s tax and add the results. A zero column cannot lend an unused $10,000 zero-rate band to the other owner. When one taxable column is negative, net the columns first and calculate one tax on the positive net, if any. Deductions can create that negative column even when both owners started with positive income; flooring each column first would overstate tax.

For an independently approved combined-return example, your prepared income is $40,000 including $15,000 of qualifying retirement, with $2,300 deductions and $7,500 exemptions. Your taxable column is $15,200. A spouse’s $30,000 income including $15,000 qualifying retirement, $2,300 deductions and $7,500 exemptions leaves $5,200 taxable. The 2026 estimate is $208 before credits, or $108 after an approved $100 nonrefundable credit. Pooling those same approved amounts in a joint single column gives $416. If the spouse’s income instead is $20,000, that column is negative $4,800; the net is $10,400 and tax is $16. The appropriate filing method and allocation require approval, rather than choosing whichever displayed result is smaller.

Current agency guidance lists a $4,600 standard deduction for joint / combined filing, $2,300 for single / separate and $3,400 for head of family. Joint / combined deduction and exemption allocations must respect the allowed household totals. Separate returns cannot borrow unused spouse deductions or personal exemptions. Prepare actual age, blindness, dependent and filing-status qualifications; illustrative owner exemptions do not establish eligibility. Itemized deductions exclude Mississippi income tax. For spouse-died filing, verify death during the actual tax year and include only the deceased spouse’s income before death.

This is a scoped 2026 resident rate estimate using verified current rates and continuing classification / filing conditions in the published 2025 resident instructions. It rounds modeled tax to cents; final filing uses the agency’s whole-dollar instructions. Approved current-year modifications, deduction allocation and nonrefundable credit limits remain prepared. Blank credits leave before-credit tax visible while the after-credit result stays unresolved. Withholding and estimated payments are separate. Part-year / nonresident allocation, unresolved retirement eligibility, income losses and special return treatments require a prepared liability.

Prepare these Mississippi records

Official Mississippi source. Current agency tax-year 2026 rate table; published 2025 resident instructions for continuing column rules; current Title 35 retirement rules on Secretary of State site.

Calculate the federal portion separately

Use the federal retirement-tax worksheet to prepare federally included benefits and ordinary income. Its federal deduction and rates do not replace the Mississippi rules above.

Compare Mississippi with nearby states

Tennessee, Alabama, Louisiana and Arkansas border Mississippi. Run each one’s worksheet with the same household figures before deciding where a move would leave you.

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Updated / verified · Retirement Income Tax Calculator Editorial Team