Statutes, codes, and regulations
Mississippi Administrative Code
Title 35 - Department of RevenuePart 3 - Income and FranchiseSubpart 01 - Definitions and Miscellaneous
Chapter 09 - Income Averaging
Section 35-3-01-09-100

35 Miss. Code. R. 3-01-09-100

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Current through December 10, 2024
Section 35-3-01-09-100

Mississippi law does not authorize income averaging for taxpayers having annual fluctuations in income over several years. Income earned, realized or recognized in the taxable year must be reported in full for that year without the benefit of any method of averaging.

35 Miss. Code. R. 3-01-09-100