Mississippi · Child Tax Credit
Child Tax Credit in Mississippi (2026)
$2,000 tax credit per qualifying child under age 17 ($1,700 refundable). Mississippi has a flat 4% income tax, so a Mississippi filer's combined marginal rate on the next dollar at $48,610 of income is about 16% (12% federal + 4% MS).
2026 savings example for Mississippi
Planning estimate for a single filer earning $48,610 (Mississippi median household income in LevyIO's state dataset) who claims a $2,000 credit. Federal tax uses the 2026 IRS brackets after the $16,100 standard deduction; MS tax uses the state brackets in LevyIO's dataset and assumes the state follows the federal treatment.
Estimated total savings
$2,000
Federal savings
$2,000
$3,653 → $1,653 · 12% bracket
MS state savings
$0
Federal credit only; check for a state credit
Combined marginal rate
16%
Credits do not depend on the bracket
Statutory maximum for this item in LevyIO's dataset: $2,000.
Federal × Mississippi marginal rates (2026, single)
Gross-income ranges include the federal standard deduction. The MS column is the state marginal rate at the midpoint of each range. A credit saves its face value regardless of bracket.
| Federal bracket | Gross income (single) | MS marginal | Combined | Per $1,000 |
|---|---|---|---|---|
| 10% | $16,100 - $28,500 | 4% | 14% | $1,000 |
| 12% | $28,500 - $66,500 | 4% | 16% | $1,000 |
| 22% | $66,500 - $121,800 | 4% | 26% | $1,000 |
| 24% | $121,800 - $217,875 | 4% | 28% | $1,000 |
| 32% | $217,875 - $272,325 | 4% | 36% | $1,000 |
| 35% | $272,325 - $656,700 | 4% | 39% | $1,000 |
| 37% | Over $656,700 | 4% | 41% | $1,000 |
Eligibility & forms
Parents with qualifying children under 17
- $2,000 per child under 17
- $1,700 refundable portion
- SSN required for child
Federal forms: Form 1040, Schedule 8812
Mississippi filing notes
Use the 2026 4% rate above $10,000, not older 4.4% or 4.7% assumptions. Standard deduction is $2,300 single / $4,600 married. Verify retirement exclusions and current forms before filing.
Common mistakes: Child turning 17; Missing SSN requirement.
Frequently asked questions
How much can the Child Tax Credit save a Mississippi taxpayer in 2026?
Credits reduce tax dollar-for-dollar. In LevyIO's example, a single filer with $48,610 of income (the Mississippi median household income in our state dataset) and a $2,000 credit would cut 2026 federal tax from $3,653 to $1,653, a $2,000 saving. Whether Mississippi offers a matching state credit depends on the MS return, so the estimate counts federal savings only.
What is the Mississippi income tax rate for 2026?
Mississippi has a flat 4% income tax. The MS standard deduction in LevyIO's dataset is $2,300 single / $4,600 married. Tax year 2026 rate: 0% on first $10,000 of taxable income and 4% above $10,000. Low property taxes and low cost of living.
Who qualifies for the Child Tax Credit in Mississippi?
Parents with qualifying children under 17. The federal rules are the same in every state; the requirements are: $2,000 per child under 17; $1,700 refundable portion; SSN required for child. Mississippi filers should confirm on the MS return whether the state follows the federal treatment.
Which forms do I file to claim the Child Tax Credit?
Federal: Form 1040, Schedule 8812. Mississippi: check the Mississippi Department of Revenue instructions for the matching state schedule. Common mistakes: Child turning 17; Missing SSN requirement.
Child Tax Credit in other states
More Mississippi deductions and credits
Sources
Reviewed 2026-09-17. Estimates are educational planning figures computed from the IRS 2026 inflation adjustments and LevyIO's state bracket dataset; they are not tax advice.