If you earn 1099 or self-employment income in Mississippi, the IRS and the state both expect you to pay taxes as you go, in four quarterly installments rather than one April bill. This calculator estimates your 2026 quarterly payments across all three pieces: federal self-employment tax, federal income tax, and Mississippi state income tax. Mississippi's flat rate drops to 4.0% for 2026 (from 4.4% in 2025) and continues falling toward 3% under the Build Up Mississippi Act. Enter your expected net self-employment income, any W-2 wages, and your filing status to see what to send each quarter, your due dates, and how the safe-harbor rules protect you from an underpayment penalty. Everything is an estimate for planning. Always confirm with the Mississippi Department of Revenue before you file.
Self-employment income has no tax withheld for you, so both the IRS and Mississippi Department of Revenue ask you to prepay in quarterly installments. On the federal side you owe self-employment tax (15.3% Social Security and Medicare on 92.35% of your net profit, up to the Social Security wage base) plus federal income tax on your profit after the standard deduction. On top of that, Mississippi applies its own income tax.
Mississippi generally requires estimated payments once you expect to owe more than $200 in state tax for the year. Mississippi follows the federal schedule: April 15, June 15, September 15, and January 15. Mississippi follows the standard four-installment schedule.
You avoid an IRS underpayment penalty by hitting a "safe harbor": paying at least 90% of this year's total tax, or 100% of last year's (110% if your income is higher). Mississippi exempts the first $10,000 of taxable income and taxes the rest at a flat 4.0% for 2026 (down from 4.4% in 2025 under the Build Up Mississippi Act). This estimate applies the standard deduction ($2,300 single / $4,600 joint) plus the personal exemption ($6,000 / $12,000); the $1,500-per-dependent exemption is not modeled. You can pay online through the Mississippi Department of Revenue portal, and the calculator above breaks your total into the federal and Mississippi pieces so you can send each to the right place. You can pay online at the Mississippi Department of Revenue (payment portal).
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For educational purposes only, not tax advice. Tax rules change and individual situations vary; confirm figures with a tax professional and the Mississippi Department of Revenue before filing. State tax data last verified 2026-07-05.
Sources: dor.ms.gov.