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  • Mississippi S Corporation Income And Franchise Tax Return Form

Get Mississippi S Corporation Income And Franchise Tax Return Form

Mississippi S-Corporation Income and Franchise Tax Return Form 85-105-99-8-1-000 Rev. 12/99 WCA Page 1 and Ending v For Fiscal Year Beginning FEIN Name of Corporation Mailing Address PO Box or Street Including Rural Route City State ZIP 4 County Code See Instructions FILING STATUS Check All That Apply Final Return File Form 83-375 Amended Return Short Year Return Address Change Multistate Direct Accounting Multistate Apportioning Composite Return.

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Questions & Answers

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Yes. If you register your out-of-state LLC to do business in Mississippi, you will be considered a Mississippi foreign LLC. All LLCs—even foreign ones—are required to pay Mississippi taxes, including sales and use tax, state income tax, local municipality taxes, and industry taxes.

What is the minimum franchise tax due? The minimum franchise tax due is $25.00​.

Mississippi has a graduated income tax rate and is computed as follows: 0% on the first $5,000 of taxable income. 4% on the next $5,000 of taxable income. 5% on all taxable income over $10,000.

South Dakota and Wyoming are the only states that levy neither a corporate income nor gross receipts tax.

Mississippi Tax Rates, Collections, and Burdens Mississippi also has a 4.00 to 5.00 percent corporate income tax rate. Mississippi has a 7.00 percent state sales tax rate, a max local sales tax rate of 1.00 percent, and an average combined state and local sales tax rate of 7.07 percent.

Mississippi Estate and Inheritance Taxes No estate or inheritance tax.

SC 1120. Includes Disregarded LLCs. Check if: Total cost of depreciable personal property in SC. Check if you filed a federal or state extension.

Mississippi's franchise tax applies to most corporations doing business in the State. The rate is $2.50 per $1,000 of the value of the capital used, invested, or employed in the State.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232