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The Mississippi Department of Revenue will begin accepting Applications for Charitable Credit Allocations for calendar year 2024 on Tuesday, January 2, 2024, 8:00 a.m. CST.
Applications must be submitted online. You can access the application by clicking here and selecting the “Apply for a Charitable Contribution Credit” link under the Apply Online section.
For the Notice regarding changes for the 2024 Application process, click here.
For Frequently Asked Questions pertaining to the 2024 Charitable Credits Application process, click here.
Additional information pertaining to each credit type can be found at dor.ms.gov/charitablecredits.
The Department has posted a Notice regarding the 2024 calendar year application.
House Bill 1733 of the 2023 Legislative Session was signed into law on March 27, 2023. This bill amended Miss. Code Ann. Section 27-7-17 to revise the methods of depreciation that may be used for certain expenditures and property for state income tax purposes. This bill is effective from and after January 1, 2023.
House Bill 1668 of the 2023 Legislative Session was signed into law on March 27, 2023. This bill amended Miss. Code Ann. Section 27-7-26 by revising the method by which a partnership, S corporation or other similar pass-through entity may elect to become an “electing pass-through entity” for state income tax purposes, and provided that any additional income tax credits generated by the electing pass-through entity shall be passed through to the owners on a pro rata basis and that any excess credit may be carried forward as an overpayment or refunded. Limitations applicable to credits generated by the electing pass-through entity shall apply at the owner, member, partner or shareholder level. This bill is effective from and after January 1, 2023 and applies to any income tax return with an original due date on or after January 1, 2023.
Notice 80-23-002: Updated Guidance on Pass-Through Entity Election
The Mississippi Second Amendment Weekend holiday takes place between 12:01 a.m. Friday, August 25, 2023 and 12:00 midnight Sunday, August 27, 2023.
The 2023 Sales Tax Holiday takes place between 12:01 a.m. Friday, July 28, 2023 and 12:00 midnight Saturday, July 29, 2023.
The Department of Revenue (DOR) is pleased to announce that Ruan Transportation Corporation (Ruan) of Des Moines, Iowa has officially begun operations at the ABC Warehouse this week. DOR remains excited about the partnership with Ruan and the continued efforts for a smooth transition. The DOR and Ruan are committed to improving the quality of warehouse distribution operations while serving the State of Mississippi.
Clinton, Miss.- Department of Revenue Contracts with Ruan to Provide Warehouse Services
The DOR is pleased to announce that a contract for the third-party operator has been approved by the Public Procurement Review Board (PPRB). The DOR looks forward to partnering with Ruan as we improve service to our customers and maximize funding to the State of Mississippi.
The winner of the tag design contest is Leah Frances Eaton of Starkville, MS.
Congratulations, Leah!
