35 Miss. Code R. § 3-04-01-104
Current through June 25, 2024
A taxpayer is allowed a deduction to gross income for compensation received as a member of the National Guard or Reserve Forces of the United State not to exceed the sum of Five Thousand Dollars ($5,000.00) for any taxable year. Only compensation received as payment for inactive duty training (monthly or special drills or meetings), active duty training (summer camps, special schools, cruises) and state active duty (emergency duty) qualifies for this deduction to gross income. Full-time National Guard pay is not allowed as a deduction. Report this income as regular wages or salaries.
35 Miss. Code. R. § 3-04-01-104