2026 tax year · Mississippi
Rental host taxes in Mississippi
Airbnb, Turo and the rest report your gross and withhold nothing. The gap between that and what you are actually taxed on is your costs, in Mississippi that gap is worth $2,628 in tax.
Take a driver who grossed $39,000 over 18,000 business miles. After mileage at 74.3 cents and the rest of the stack, worked through on the rental host page $10,100 comes off and $28,900 is left as taxable profit. That profit is what Mississippi and the IRS charge against.
What that leaves you owing in Mississippi
Mississippi taxes income at a flat 4% for 2026, applied on top of federal income tax and self-employment tax.
| Self-employment tax | $4,083 |
| Federal income tax | $861 |
| Mississippi income tax | $1,074 |
| Total tax | $6,018 |
| Effective rate on gross | 15.4% |
Earning more in Mississippi
A single filer taking the standard deduction, this work as the only income, the calculator above handles the other filing statuses. Miles rise with earnings, so the deduction rises too, and the effective rate on gross climbs more slowly than it would for someone whose income grew without expenses attached:
| Volume | Gross | Mileage off | Taxable profit | Mississippi tax | Total tax | Rate on gross |
|---|---|---|---|---|---|---|
| Part-time | $13,000 | $0 | $13,000 | $483 | $2,320 | 17.8% |
| Steady side income | $39,000 | $0 | $39,000 | $1,450 | $8,646 | 22.2% |
| Full-time | $63,000 | $0 | $63,000 | $2,342 | $15,071 | 23.9% |
Switching state opens that state's page.
Enter your numbers and press Calculate to see your 2026 estimate.
Mississippi specifics that change the number
On the 2026 rate itself: phasing down toward 0% if revenue triggers met.
Local taxes on a Mississippi let
The income tax below is only part of it. Short-term lets attract occupancy, lodging or transient taxes levied by the city or county rather than Mississippi, often at rates that dwarf the state income tax. Some platforms collect and remit them; some collect only part; in some places the host is on the hook entirely. That is a local question this calculator cannot answer, and it is the one hosts most often get wrong.
On $28,900 of profit, what the states around Mississippi would charge:
| State | Its tax | vs Mississippi |
|---|---|---|
| Tennessee | No income tax | −$1,156 |
| Louisiana | $453 | −$703 |
| Arkansas | $1,050 | −$106 |
| Alabama | $1,405 | +$249 |
- Tennessee has no income tax at all, so the same work done there costs $1,156 less in state tax than it does in Mississippi.
- Louisiana would take $703 less, $453 against Mississippi's $1,156.
- Arkansas would take $106 less, $1,050 against Mississippi's $1,156.
- Alabama would take $249 more, $1,405 against Mississippi's $1,156.
Rental host tax questions in Mississippi
How much should a Mississippi host set aside?
About 15.4% of gross on the $39,000 example, $6,018 across self-employment tax, federal income tax and $1,074 to Mississippi. Set aside from each payout rather than finding it in April.
Does the $39,000 on my 1099-NEC match what Mississippi taxes?
No. Mississippi taxes profit, not gross. After $10,100 of deductions the taxable figure is $28,900, so the Mississippi bill is $1,074 rather than what gross alone would suggest.