Mississippi Payroll Tax Calculator
Calculate payroll taxes in Mississippi. See FICA, federal withholding, and Mississippi state tax up to 5%. Employer cost breakdown included.
How This Calculator Works
Calculation methodology and assumptions
Payroll tax calculator for Mississippi. Employee taxes: Social Security 6.2% (up to $168,600 wage base), Medicare 1.45% (+ 0.9% Additional Medicare Tax above $200,000), federal income tax withholding, and Mississippi state income tax up to 5%. Employer taxes: matching FICA (6.2% SS + 1.45% Medicare), FUTA (0.6% on first $7,000), and state unemployment insurance.
Key State Information
Mississippi payroll facts: State income tax up to 5%. Median household income: $48,610. Uses federal minimum wage: $7.25/hr.
Frequently Asked Questions
What payroll taxes do employers pay in Mississippi?
Mississippi employers pay: Social Security (6.2% up to $168,600), Medicare (1.45%), FUTA (0.6% on first $7,000), and state unemployment insurance (SUTA). Employers must also withhold Mississippi state income tax from employee paychecks.
How much does an employee cost beyond salary in Mississippi?
Employer payroll taxes typically add 7.65-10% to salary costs (FICA match + FUTA/SUTA). On a $48,610 salary, expect $4,132-$4,861 in additional employer taxes annually.
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