Mississippi Revises Withholding Publications

The Mississippi Department of Revenue has published its Publication 89-700-18, 2019 Withholding Income Tax Tables And Employer Instructions as well as its Form 89-140-8-1, Annual Information Return.

The following revisions were made to the 89-700:

  • The marginal income tax rates have changed. Now, the first $2,000 is taxed at 0%; the next $3,000 is taxed at 3%; the next $5,000 is taxed at 4%, and the excess of $10,000 is taxed at 5%.
  • The new interest rate on delinquent taxes is 1/2% per month.
  • The withholding tables have been adjusted to account for changes in tax rates.

The only change to the 89-140 is an instruction to include 1099 income in the “MS Taxable Wages” box.


Tom Hospod

Tom Hospod is a Regulatory Counsel at Sovos Compliance. Within Sovos’ Regulatory Analysis function, Tom focuses om Affordable Care Act (ACA) reporting, Tax Withholding, and Automatic Exchange of Information (AEOI). Prior to Sovos, Tom worked as a legislative aide in the Massachusetts House of Representatives. Tom is a member of the Massachusetts Bar, earned his B.A. from Boston College and his J.D. from the University of Miami.
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