Mississippi MFLEX Credit CalculatorReport

Estimate your Mississippi Flexible Tax Incentive

This calculator provides an estimate only. The Mississippi Development Authority (MDA) has sole jurisdiction over final MFLEX award calculations. Consult a tax professional for official guidance.ESTIMATE ONLY. This report is for informational purposes and does not constitute a certified mFlex tax incentive award. A formal certificate will be issued only upon completion of a full mFlex application and approval by the MDA Board of Directors pursuant to Miss. Code Ann. § 57-114-7. No expenditures or jobs may be counted toward the credit until the project certification date is established (Miss. Code Ann. § 57-114-9). Consult a qualified tax professional for official guidance.

MFLEX Credit Tiers at a Glance

Component Requirements Credit Rate
Manufacturing Machinery Purchase price including installation 1.5% of cost
Non-Mfg Equipment Excludes tagged over-the-road vehicles 7% of cost
Base Jobs Credit Avg wage ≥ 75% of the lower of the state or county avg 15% of payroll
Enhanced Tier 1 Eligible enterprise + 50+ jobs + $10M+ investment + 110%+ avg wage + health insurance 30% of payroll
Enhanced Tier 2 25+ jobs + 125%+ avg wage + health insurance 30% of payroll
Eligibility: Project must meet at least one minimum threshold — 10 new full-time jobs OR $2.5M qualified investment.
Enhanced tiers are mutually exclusive — only the highest qualifying tier applies.
Credit usage: Offsets income, franchise, sales, use, and payroll withholding taxes. Max 20% of total credit per year for payroll withholding. Credits expire 10 years from certification.

Project Information

1. Investment Details

Purchase price including installation costs
Excludes tagged over-the-road vehicles
New construction or renovation costs

2. Job Creation

Minimum 35 hours/week; includes leased employees
Average annual wage for the new positions
Select the county where the project is or will be located
Per MDES Census of Employment and Wages (Calendar Year 2024). Auto-populated with the lesser of the state average ($50,973) or the selected county average.
Eligible enterprises include manufacturing, warehousing, distribution, research and development, technology, and corporate management operations.
The employer must offer health insurance to all full-time employees, with the employer paying at least fifty percent (50%) of the premium cost for employee-only coverage.

Estimated MFLEX Credit Breakdown

Manufacturing Machinery (1.5%) $0
Non-Manufacturing Equipment (7%) $0
Base Jobs/Wage Component (15%) $0
Total Estimated MFLEX Credit $0

Credit Usage Summary

Max annual payroll withholding offset (20%) $0
Credit expiration 10 years from certification
Applicable taxes Income, Franchise, Sales, Use, Payroll Withholding