Mississippi: tax incentives, credits and advisors

Mississippi's state incentives include a 25% historic rehabilitation credit with a rebate option, a 25% blighted property credit, a motion picture cash rebate of 25% to 35%, a 5% manufacturing investment credit and an R&D skills jobs credit.

Facts checked 2026-10-26 against the official sources linked below.

Below are the major Mississippi incentives we could verify against an official source, grouped by type. This is not an exhaustive list of every state program. Credits flagged Transferable can be sold or assigned to another taxpayer under state rules; see transferable state tax credits. Each row shows the date we last checked it.

Mississippi film and media incentives

Incentive	Type	Who qualifies	Amount, rate or cap	Transferable	Refundable	Status	Source
Motion picture production incentive	Rebate (cash)	MDA-certified productions with at least $50,000 Mississippi spend	25% of local spend and non-resident payroll, 30% resident payroll (35% resident veterans); $10 million per project, $20 million a year	No (rebate)	Cash rebate	Active	Film Mississippi, Incentive; Mississippi DOR, 2026 Tax Incentive Booklet Last verified 2026-10-26

Mississippi historic and building rehabilitation incentives

Incentive	Type	Who qualifies	Amount, rate or cap	Transferable	Refundable	Status	Source
Historic rehabilitation tax credit	Credit or rebate	Owners rehabilitating certified historic residential or business structures (not nonprofits); owner-occupied homes over $5,000 of costs	25% of rehabilitation costs; 10-year carryforward; or elect a rebate of 75% of the credit amount; $180 million aggregate program cap	No; credits cannot be discounted and sold on the open market; partnership or LLC credits pass through to partners or members, who may sell their ownership interest	Rebate election available (75% of credit)	Active	Mississippi DOR, 2026 Tax Incentive Booklet; MDAH, State historic tax credit instructions Last verified 2026-10-28

Mississippi brownfield and redevelopment incentives

Incentive	Type	Who qualifies	Amount, rate or cap	Transferable	Refundable	Status	Source
Blighted property rehabilitation tax credit	Credit or rebate	Rehabilitators of tax-forfeited, blighted property used for residential or business purposes	25% of rehabilitation costs (costs after Jan. 1, 2026 above $50,000 for owner-occupied homes or $100,000 commercial); 10-year carryforward	No; credits cannot be discounted and sold on the open market; partnership or LLC credits pass through to partners or members, who may sell their ownership interest	Rebate option	Active	Mississippi DOR, 2026 Tax Incentive Booklet Last verified 2026-10-28

Mississippi jobs, investment and enterprise zones incentives

Incentive	Type	Who qualifies	Amount, rate or cap	Transferable	Refundable	Status	Source
Manufacturing investment tax credit	Credit	Manufacturers in Mississippi more than two years investing at least $1 million in buildings or equipment	5% of eligible investment of at least $1 million in manufacturing buildings or equipment (manufacturers in Mississippi 2+ years); up to $1 million credit per project	No; unused credit can only continue with a transferee of the business after a sale, merger or reorganization (MDOR ruling required)	No; limited to 50% of income tax liability after other credits; 5-year carryforward	Active	Mississippi DOR, 2026 Tax Incentive Booklet Last verified 2026-10-28

Mississippi research and development incentives

Incentive	Type	Who qualifies	Amount, rate or cap	Transferable	Refundable	Status	Source
Research and development skills tax credit	Credit	Businesses creating full-time positions requiring research or development skills	$1,000 per qualifying position per year for five years	No; unused credit can only continue with a transferee of the business after a sale, merger or reorganization (MDOR ruling required)	No; limited to 50% of income tax liability from Mississippi operations; 5-year carryforward	Active	Mississippi DOR, 2026 Tax Incentive Booklet Last verified 2026-10-28

Advisors located in Mississippi

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Common questions

Can I get cash instead of a Mississippi historic tax credit?

Yes. Instead of the 25% credit, a taxpayer can elect a rebate equal to 75% of the credit amount.

What is the Mississippi film incentive?

A cash rebate of 25% of local spend and non-resident payroll and 30% of resident payroll, with a $10 million per-project cap.

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Education only; not tax, legal or investment advice. State rules change; confirm with the official source and a qualified professional.