Mississippi · Training · MS-TRAIN-001
Skills Training Income Tax Credit
Publication revised September 24, 2026. Sourcebook page 160.
Credit amount / calculation
50% of eligible training costs, capped at $2,500 per employee per year and 50% of state income tax liability.
Business fit and eligible activity
Manufacturers and processors may qualify for training approved by the local community or junior college and the Department of Revenue. Hiring, wages or qualifying training; where the program also requires investment, satisfy both tests.
Illustrative business benefit
Ten workers each receive $4,000 of eligible training. The credit is $20,000
Timing / first action
Check application or certification requirements before incurring the qualifying expense or beginning the qualifying activity. Secure the required college and revenue-department approvals; the official fact sheet is dated February 2015, so confirm current administration. before the tax-liability limit, below the combined $25,000 cap for ten employees ($2,500 per employee).
Official sources
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