Form 80-100-16-8-1-000 - Income Tax Instructions - Resident, Non-Resident And Part-Year Resident Page 3
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24WHAT’S NEW!
LEGISLATIVE AND OTHER CHANGES
REMINDERS
The following is a brief description of selected legislative
Important tips to help expedite processing of your return:
changes. A copy of all legislative bills is available at
Use black ink when preparing the return.
Make sure your social security number is entered correctly
House Bill 799 - Miss. Code Ann. §27-7-51, 27-7-53, 27-7-
315, 27-7-327 and 27-7-345
on all returns, schedules and attachments.
Reduce the interest rate from 1% to 1/2% per month over a
Sign and date your tax return (on a joint return, the
five year period. The interest rate reduction is as follows:
husband and wife signature is required).
th
Effective January 1, 2015
9/10
of 1%
th
Effective January 1, 2016
8/10
of 1%
Attach a copy of the federal return behind the state return
th
Effective January 1, 2017
7/10
of 1%
including returns filed electronically. W-2s, 1099s, any
additional schedules and attachments should be stapled to
th
Effective January 1, 2018
6/10
of 1%
the back of the return. Do not place a staple in the
Effective January 1, 2019
½ of 1%
barcode area of the form.
Do not include W-2Gs with your tax return. Gaming
House Bill 33 - Miss. Code Ann. §27-7-22
withholding cannot be claimed as a deduction on your tax
Authorizes an income tax credit for taxpayers that employ
return.
persons who are honorably discharged veterans who served
on active duty in the armed forces of the United States on or
Copies or reproductions of the official tax forms are not
after September 11, 2001, and who have been unemployed
acceptable.
for six consecutive months immediately prior to being
employed by such taxpayers. Any unused veterans credit
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claimed under House bill 33 can be carried forward for five
tax year and tax type.
consecutive years from the close of the tax year in which the
credit was earned. This bill went into effect January 1, 2016.
TAXPAYER ACCESS POINT (TAP)
House Bill 1134 - Miss. Code Ann. §27-7-15
This bill authorizes taxpayers to establish Catastrophe
Remember, TAP is …
Savings accounts to pay the amount of insurance policy
deductibles and other uninsured portions of risks of loss to the
taxpayer’s legal residence from a hurricane, flood, windstorm
Easy to use
Convenient
or other catastrophic event. To provide that the amounts
contributed to and distributions from a Catastrophe Savings
Free
account used to pay qualified catastrophe expenses shall be
excluded from the taxable gross income of the account holder.
To provide that any state income tax paid that is attributable
With TAP, you have the option to Go Paperless. This means
to a taxable distribution from a Catastrophe Savings account
that you pay your taxes on-line and receive certain
shall be increased by two and one-half percent of the amount
correspondence electronically.
of the distribution that is includable in the taxable gross income
of the taxpayer. A new form, the Catastrophe Savings Tax
TAP e-mail lets you know that you have new correspondence
Schedule, Form 80-360, should be used to calculate the
to view on-line. You then logon to TAP to read the letter or
additional tax due. This bill went into effect January 1, 2015.
message and take appropriate action on your account. Only
you, or persons you authorize, can see your correspondence.
When making payments or updating profile information, you
should always log directly into TAP using your User ID and
password. TAP does not provide links containing your
transaction or personal information to any external web site.
Remember, you can pay your bill on-line through TAP without
registering for a TAP account. For more information on TAP,
view the “Electronic Filing” section of this booklet.
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