Mississippi DOR Issues Income Tax Withholding FAQs on Filing Returns, Registration, Updating Business Account Information

The Mississippi Department of Revenue (DOR) Oct. 1 issued frequently asked questions (FAQs), providing general information for employers and employees on withholding tax, for individual income and corporate income tax purposes. The FAQs provide information on: 1) the amount of income tax to be withheld from an employee’s salary; 2) how employees can change their withholding tax rates; 3) different withholding conditions for resident and nonresident employees; 4) taxability of wages paid to immediate family members; and 5) general instructions on filing returns. The DOR also provides information on registration and updating account information for businesses. [Miss. Dep’t of Revenue, ...