The Mississippi Department of Revenue (DOR) has released information regarding the individual income tax rates, exemptions, and deductions for the year 2026. The 2026 tax rate is set at 4 percent on taxable income exceeding $10,000. Taxpayers can claim specific exemption amounts based on their filing status, age, or disability. Additionally, the allowable deductions will vary according to the taxpayer’s filing status. [Miss. Dep’t of Revenue, General Information, 01/07/26]
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