Updated August 7, 2026. Quick answer: every figure Clear Money Guide holds about Mississippi, on one page, each one copied from a dataset that cites its own statute or agency. Built for reporters on deadline — take any line, follow the link for the source.
What stands out about Mississippi
These are the figures where Mississippi differs most from the rest of the country — selected by counting how many jurisdictions share each value, not by editorial preference.
- Formation fee: $50 (certificate of formation) — the only jurisdiction of the 48 we have data for
- Return deadline: 45 days — one of only 3 of 51
- Preferential mechanism: deduction — one of only 6 of 51
- Authority: regulation — one of only 7 of 30
What dying costs here
- Small estate limit: 75000
- Small estate scope: personal_only
Source and full detail: the cost-of-dying index. Figures copied from those pages, which own them.
Estate and property law status
- Statute or act: Miss. Code Ann. 25-34-1 to 25-34-57 (Revised Mississippi Law on Notarial Acts), HB 1156 (2020) signed 2020-06-25
- Effective date: 2021-07-01
- Conditions: 2021 RULONA adoption; the SOS issued implementing administrative rules in 2021 for electronic-record notarization. 2025 session activity (HB 1154) reportedly proposed further amendments – not verified here as it postdates the permanent-authorization question.
- Association name: Mississippi Life and Health Insurance Guaranty Association
- Death benefit limit: $300,000
- Cash surrender limit: $100,000
- Annuity limit: $250,000
- Aggregate limit: $300,000
- Statute citation: Miss. Code Ann. § 83-23-205(4) (Mississippi Life and Health Insurance Guaranty Association Act)
- Extended windows: 30 days for replacement transactions; 10 days for variable life insurance
- Variations: burial/funeral insurance: 30 days once the policy has been in force at least 2 consecutive months; variable life and variable annuity: 30 days or one month; universal life (flexible premium): at least 30 days after lapse, with 30 days’ prior written notice
Source and full detail: notary rules by state · guaranty association limits · life insurance free-look periods · life insurance grace periods. Figures copied from those pages, which own them.
Working and earning here
- Has law: No
- Disclosure trigger: none
- Salary history ban: No
- Statute citation: Miss. Code Ann. tit. 71 (searched; no disclosure law); Miss. Code Ann. s. 71-17-5 (salary history expressly permitted as a factor)
- Authority: regulation
- Reciprocity: none
- Contested: no
Source and full detail: pay transparency laws by state · paid family leave by state · the convenience-of-the-employer rule. Figures copied from those pages, which own them.
Renting here
- Return deadline: 45 days
- Interest required: no
- Statute citation: Miss. Code Ann. § 89-8-21
Source and full detail: security deposit law by state. Figures copied from those pages, which own them.
Starting a business here
- Formation fee: $50 (certificate of formation)
- Annual report: $0 for domestic LLCs (foreign LLCs pay $250)
- Franchise tax: not verified
- Publication requirement: none found
- Statute citation: Miss. Code Ann. ss. 79-29-1203, 79-29-215
- Five year total: at least $50
Source and full detail: LLC cost by state. Figures copied from those pages, which own them.
Tax treatment here
- Has law: Yes
- Treatment: preferential
- Rate: 4.00% flat
- Preferential mechanism: deduction
- Tax year: 2026
- Statute citation: Miss. Code Ann. § 27-7-5 (rates, as amended by 2025 H.B. 1); Miss. Code Ann. § 27-7-9 (capital gain exemptions)
Source and full detail: capital gains tax by state. Figures copied from those pages, which own them.
For journalists: how to cite this
Clear Money Guide, Mississippi Money Statistics 2026. https://clearmoneyguide.com/state-money-statistics/mississippi/. Every figure on this page is copied from a Clear Money Guide dataset that states its own primary source and the date it was read — follow the section links for the statute or agency behind any number. Free to reuse with attribution under CC BY 4.0.
What this sheet does and does not contain
This sheet aggregates; it does not research. Every figure is copied from the owning page linked in each section, and a figure we do not own is simply absent — not estimated, not inferred from a neighbouring state. That is why sheets differ in length: this one states 35 figures, and a state where we hold less will show fewer. A short sheet means we have less, not that the state has less.
Statutory law changes. Each linked owner page carries the date its figures were read; check there before relying on anything here. See also Mississippi financial adviser statistics and all 51 state money sheets.
General information about published law and public data, not legal, tax or investment advice. No advertising appears on this page and we earn nothing from it.