Appendix D-Tax Setup Information > Mississippi State Tax

Mississippi State Tax

Caution! Do not include the standard deduction amount with the exemption amount. Sage 100 Contractor automatically adds the standard deduction amount for you.

While most states use a fixed amount for exemptions, Mississippi allows variable amounts for exemptions. To claim a variable exemption, Mississippi residents can complete Form 62-420 Employee’s Withholding Exemption Certificate. An employee with a working spouse can check line 2B of Form 62-420 and claim an exemption not to exceed $12,000 between the employee AND spouse. On line 2B, an employee enters the amount he or she wants to claim by increments of $500.

Sage 100 Contractor cannot automatically enter a fixed exemption amount based on marital status for Mississippi because the employee and spouse determine the amount.

To set up payroll calculations on an employee for Mississippi State Tax:

Open 5-2-1 Employees.
Using the data control, select the employee.
Click the Calculations tab.
In the Rate cell of the Mississippi Income Tax row, enter the exemption amount claimed on line 6 of Form 62-420.
On the menu bar, click File, then click Save.