Mississippi Paycheck Calculator

Deductions

Easily Calculate Your Pay with the Free Mississippi Paycheck Calculator (2025 Update)

The Mississippi Paycheck Calculator helps you quickly estimate your net take-home pay after taxes and deductions. Whether you’re an employee, freelancer, or employer, this tool gives you a clear breakdown of your gross pay, federal and state tax withholdings, and deductions to help you understand exactly how much you’ll bring home each pay period.

Mississippi workers often face uncertainty about their real earnings after taxes. This calculator makes it easy to see how your hourly rate, hours worked, and deductions affect your final paycheck, all while using Mississippi’s most up-to-date tax rules.

How the Mississippi Paycheck Calculator Works

The Mississippi Paycheck Calculator uses your entered data — including your hourly wage, total hours, overtime, filing status, and deductions — to estimate your net pay. It automatically applies federal income taxes, FICA (Social Security and Medicare) taxes, and Mississippi state income tax, which follows a progressive tax rate system.

Step-by-Step Overview

  1. Gross Pay Calculation
    Your gross pay is determined based on your hourly rate and hours worked per pay period. Overtime is calculated at 1.5 times your regular rate.
  2. Federal Income Tax
    The calculator applies IRS federal tax brackets based on your filing status (Single, Married, etc.).
  3. FICA Taxes
    These mandatory payroll taxes include:
    • Social Security: 6.2% of your gross pay (up to the annual wage base limit).
    • Medicare: 1.45% of your total income.
  4. Mississippi State Tax
    Mississippi uses a three-tier tax structure:
    • 0% on the first $10,000 of income
    • 4% on income between $10,001 and $50,000
    • 5% on income above $50,000
  5. Pre-Tax and Post-Tax Deductions
    Pre-tax deductions (like 401(k) or health insurance) are subtracted before taxes are applied, reducing your taxable income.
    Post-tax deductions (like union dues or insurance payments) are taken out after taxes are withheld.
  6. Net Pay (Take-Home Pay)
    After all taxes and deductions, the calculator displays your net pay — the actual amount deposited into your account. For Pacific state comparisons, check the California salary calculator and Washington calculator together.

Input Fields Explained

  1. Hourly Rate ($):
    Enter how much you earn per hour before taxes and deductions.
  2. Hours Worked:
    Enter the total number of hours you worked during the pay period.
  3. Overtime Hours:
    Input any overtime hours you worked, which are automatically paid at 1.5x your regular rate.
  4. Filing Status:
    Choose your IRS filing category (e.g., Single, Married Filing Jointly, Head of Household). This determines your federal tax bracket.
  5. Pay Frequency:
    Select how often you get paid — weekly, bi-weekly, semi-monthly, or monthly.
  6. Pre-Tax Deductions ($):
    Add any contributions that come out before taxes, such as 401(k), HSA, or employer-sponsored health insurance.
  7. Post-Tax Deductions ($):
    Enter deductions made after taxes, such as insurance premiums, union dues, or charitable contributions.

Calculation Formula (Simplified)

Here’s the basic formula used by the Mississippi Paycheck Calculator:

Net Pay = (Gross Pay - Pre-Tax Deductions)
          - (Federal Income Tax + FICA + Mississippi State Tax)
          - Post-Tax Deductions

Where:
Gross Pay = (Hourly Rate × Hours Worked) + (1.5 × Hourly Rate × Overtime Hours). To find your post-tax income faster, go straight to the City Paycheck Calculator.

Example Calculation (Verification Section)

Let’s take a sample scenario to demonstrate how the calculator works.

Example Inputs:

  • Hourly Rate: $22.00
  • Hours Worked: 40
  • Overtime Hours: 5
  • Filing Status: Single
  • Pay Frequency: Weekly
  • Pre-Tax Deductions: $75
  • Post-Tax Deductions: $25

Step 1: Calculate Gross Pay

Regular Pay = 40 × $22 = $880
Overtime Pay = 5 × ($22 × 1.5) = $165
Gross Pay = $1,045

Step 2: Subtract Pre-Tax Deductions

$1,045 - $75 = $970 taxable income

Step 3: Apply Taxes

  • Federal Income Tax (approx. 12%) = $116.40
  • Mississippi State Tax (approx. 4%) = $38.80
  • FICA (7.65%) = $74.21

Step 4: Subtract Post-Tax Deductions

$970 - ($116.40 + $38.80 + $74.21) = $740.59
$740.59 - $25 = $715.59 Net Pay

Final Take-Home Pay: $715.59 per week (approximately $2,862 per month)

Interpretation:
This means after all deductions and taxes, your actual weekly paycheck is about $715.59. You can adjust your input fields to test different pay frequencies, tax statuses, or deductions to plan your finances more accurately. Before moving north, compare state taxes using the Chicago paycheck calculator for a realistic view of deductions.

Benefits of Using This Calculator

  • Accurate and Instant: Calculates your take-home pay in seconds using current federal and Mississippi tax rates.
  • Perfect for Planning: Helps you budget by showing exactly what you’ll take home each pay period.
  • Includes Overtime and Deductions: Automatically accounts for overtime pay and both pre- and post-tax deductions.
  • Ideal for Everyone: Great for employees, contractors, HR managers, and small business owners.
  • Mobile-Friendly: Works seamlessly on any device for quick paycheck calculations on the go.

Tips and Common Mistakes

Helpful Tips

  • Always check your pay frequency — weekly, bi-weekly, or monthly — to get an accurate estimate.
  • Include pre-tax deductions (like 401(k) or HSA) to lower your taxable income and potentially increase your take-home pay.
  • Recalculate after raises, bonuses, or changes in working hours.
  • Compare different filing statuses if your situation changes (e.g., after marriage).

Common Mistakes

  • Forgetting to include overtime pay, which can significantly change your paycheck.
  • Confusing pre-tax and post-tax deductions.
  • Using outdated tax information. (This calculator is updated for the latest tax year.)

Common Questions / FAQs

1. Does Mississippi have local or city income taxes?
No, Mississippi does not impose local or city income taxes — only state and federal taxes apply.

2. What is Mississippi’s state income tax rate?
Mississippi’s state income tax rates are:

  • 0% on the first $10,000
  • 4% on income between $10,001–$50,000
  • 5% on income above $50,000

3. Are Social Security and Medicare taxes included?
Yes. The calculator automatically includes FICA taxes — 6.2% for Social Security and 1.45% for Medicare.

4. How often should I recalculate my paycheck?
You should recheck your paycheck anytime your income, deductions, or tax filing status changes.

5. Is this calculator accurate for salaried employees?
Yes. Although it’s designed for hourly pay, salaried employees can divide their annual salary by pay periods to get an accurate estimate.

Conclusion

The Mississippi Paycheck Calculator is a simple yet powerful tool that helps you understand your net income after taxes and deductions. By factoring in federal, state, and FICA taxes, along with overtime and deductions, it provides a complete snapshot of your actual take-home pay.