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Old 05-04-2011, 08:03 PM   #1
tnt575
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State and Federal Taxes

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I live in Mississippi but the company that work for is in located in Alabama. I work as a computer technician and I have to travel. My employer withholds the state and federal taxes for AL from my paycheck each week. Do I need to withhold MS state and federal taxes from my paycheck each week as well? Also, I would like to know what the MS state and federal income tax amount is. I thought the federal was 18% or 22% of your yearly income, but I am not sure. Thanks for any help!
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Old 05-05-2011, 08:06 AM   #2
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“ My employer withholds the state and federal taxes for AL from my paycheck each week.“ Do I need to withhold MS state and federal taxes from my paycheck each week as well?”--->No UNLESS you have ALSO taxable income in MS state.You, as a full year resident of Mississippi( as the state is your permanent home state) needs to file your Alabama return on the income that you earned in Alabama as a NON-resident of Alabama. And since there is no State Income Tax Reciprocal Agreement between Alabama and Mississippi, you need to claim state tax credit on the tax that you paid to Alabama on your Mississippi return; as long as the state tax rate of Alabama higher than that of Mississippi, you ‘d be subject to state tax refund or vice versa( you pay more tax to MS state if MS state tax rate > Alabama state tax rate)
“ Also, I would like to know what the MS state and federal income tax amount is. I thought the federal was 18% or 22% of your yearly income, but I am not sure.”-->Due to lack of your taxable income information, I can’t calculate your state and federal taxes. Instead,
Please visit the MS DOR Website here; http://www.dor.ms.gov/taxareas/indiv...shouldfile.htm
http://www.mydollarplan.com/tax-brackets/
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