{"place":"Mississippi","kind":"state","asOf":"2026-10-07","url":"https://gigaverse.ai/local/mississippi","state":{"code":"MS","name":"Mississippi","slug":"mississippi","incomeTax":{"type":"flat","flatRate2026":4,"lowestRate2026":null,"topRateStartsSingle":null,"topRate2026":null,"notes":"For 2026, the first $10,000 of taxable income is taxed at 0% and the excess at 4% (down from 4.4% in 2025).","source":"https://www.dor.ms.gov/individual/tax-rates"},"estimatedTax":{"form":"80-106 (Individual/Fiduciary Income Tax Voucher)","rule":"You must pay estimated tax if your annual Mississippi tax liability exceeds $200 and less than 80% of it is prepaid through withholding.","schedule":"Same dates as federal (April 15, June 15, September 15, January 15).","source":"https://www.dor.ms.gov/sites/default/files/tax-forms/individual/80100251%202.pdf"},"minimumWage2026":{"standard":null,"tippedCash":null,"tipCreditAllowed":true,"notes":"Mississippi has no state minimum wage law. Employers covered by the FLSA pay the federal $7.25, and tipped workers can be paid a $2.13 cash wage with a tip credit.","source":"https://www.dol.gov/agencies/whd/minimum-wage/state"},"soleProprietorTaxes":[{"name":"Mississippi contractor's tax","summary":"3.5% tax on non-residential construction contracts over $10,000; on non-residential contracts over $75,000, the tax must be paid or bonded before work starts. Residential construction (not apartments or condos) is excluded from this tax but subject to retail sales tax. Contractors need a sales tax permit before starting work.","source":"https://www.dor.ms.gov/business/sales-use-tax/guide-construction-contractors"}],"contractorLaws":[{"name":"Unemployment worker-classification test (Miss. Code 71-5-11(J)(14))","summary":"For state unemployment insurance, the Mississippi Department of Employment Security decides whether a worker is an employee or a contractor, not the business or the worker. It uses a multi-factor common-law test covering control, the nature of the business, who supplies tools and the workplace, how long the work lasts, the method of payment, and the worker's relationship to the firm.","source":"https://mdes.ms.gov/employers/unemployment-tax/reporting-and-filing/worker-classification/"},{"name":"Rideshare (TNC) driver contractor status (2016 HB 1381; 19 Miss. Code R. 9-1.14)","summary":"Rideshare drivers are independent contractors, not employees, if the company does not set required logged-in hours, does not bar them from other rideshare apps, does not assign territories, does not restrict other work, and both sides agree in writing that the driver is a contractor.","source":"https://www.law.cornell.edu/regulations/mississippi/19-Miss-Code-R-SS-9-1-14"}],"notes":"Mississippi's franchise tax ($0.50 per $1,000 of capital over $100,000 for 2026, falling to $0.25 in 2027 and repealed for 2028; dor.ms.gov business tax FAQ) applies to corporations and S corporations. It does not apply to sole proprietors or disregarded single-member LLCs, whose activity is reported by the owner (2025 Form 84-100 instructions). Two 2026 bills to create portable benefit accounts for independent contractors died: HB 866 died in House committee on February 3, 2026, and HB 1072 passed the House but died in Senate committee on March 3, 2026 (billstatus.ls.state.ms.us)."},"stateRetirementProgram":{"state":"Mississippi","code":"MS","programName":"Mississippi Work and Save","status":"enacted-not-launched","employerMandate":null,"mandateMin":null,"keyDates":"HB 4073 signed April 8, 2026 — the 22nd state program. Statute requires contributions to be possible no later than August 1, 2028, with phase-in substantially complete by July 1, 2028.","covers1099":false,"selfEnroll":"unverified","sourceUrl":"https://cri.georgetown.edu/states","note":"Voluntary payroll-deduction IRA, not a mandate: participating employers may offer eligible employees the choice to contribute. Sources conflict on whether employees are auto-enrolled with an opt-out or must opt in — unverified. No operating program yet.","lastVerified":"2026-09-09"},"city":null,"guides":[{"audience":"consultants","url":"https://gigaverse.ai/local/mississippi/consultants"},{"audience":"freelancers","url":"https://gigaverse.ai/local/mississippi/freelancers"},{"audience":"content-creators","url":"https://gigaverse.ai/local/mississippi/content-creators"},{"audience":"entrepreneurs","url":"https://gigaverse.ai/local/mississippi/entrepreneurs"},{"audience":"gig-workers","url":"https://gigaverse.ai/local/mississippi/gig-workers"},{"audience":"tipped-workers","url":"https://gigaverse.ai/local/mississippi/tipped-workers"},{"audience":"tradespeople","url":"https://gigaverse.ai/local/mississippi/tradespeople"}],"disclaimer":"Educational information for 2026, not tax, legal or investment advice. Sources are cited per fact."}