MS HB1622

Authorizes individuals to deduct state income taxes paid as a nonbusiness deduction under Mississippi state income tax law.

Allows the full amount of state income taxes paid to be deducted without regard to any federal income tax limitations on such deductions.

Modifies Section 27-7-17 of the Mississippi Code to add state income taxes paid as an allowable individual nonbusiness itemized deduction.

Effective January 1, 2018, with no effect on tax claims, assessments, or appeals for taxes accrued before the effective date.