For proper Mississippi tax withholding, the Mississippi Annual Standard Deduction amount and the Personal Exemption Allowance must be entered in the next to last field in each employee's record.
The Annual Standard Deduction amount and Personal Exemption Allowance for Mississippi can be found at the website shown below:
Annual Standard Deduction is shown below:
Single, Married (Both Spouses Working) = $2300
Married = $4600
Head of Household = $3400
Annual Personal Exemption Allowance is shown below:
Single, Married (Both Spouses Working) = $6000
Married = $12000
Head of Household = $9500
Each Dependent (other than tax payer and spouse) = $1500
The amounts above for Annual Standard Deduction and Personal Exemption Allowance should be added and entered in the next to last field in the employee's record. For example, for a married employee with one dependent, the Annual Standard Deduction amount of $4600 would be added to the Personal Exemption Allowance of $12000 plus $1500 for one dependent. The total of $18100 would be entered in the next to last field in the married employee's record.