Maryland State Tax Help and Forms (Subscribe)
Tweet
Maryland tax help, forms and answers to thousands of Maryland tax questions. Handy summary of all Maryland taxes, including corporate and individual Maryland income taxes, credits, exemptions, deductions and more. Includes Maryland estate, gift and inheritance tax, miscellaneous Maryland taxes, pass-through entity treatment, payroll taxes, property taxes and Maryland sales & use taxes.
Maryland ranks #45 on the State Business Tax Climate Index (TaxFoundation.org).|
Corporate Taxes
Rates & Brackets: 8.25%> $0 Loss Carry-back/fwd: 2 Years Back / 20 Years Forward (Unlimited) Throwback Sales?: N Foreign Tax Deductible?: Y Alternative Minimum Tax (AMT): N Gross Receipts Tax: N Capital Stock (Net Worth) Tax?: N Credits and Incentives Job Credits?: Y R&D Credits?: Y Investment Credits?: Y Individual Taxes Rates & Brackets: 2%> $0 3%> $1,000 4%> $2,000 4.75%> $3,000 5%> $150,000 5.25%> $300,000 5.5%> $500,000 6.25%> $1,000,000 Local Option IT Rate: 2.98% Federal Inc used as Base?: Y Standard Deductions: 15% of income; $1,500 min.; max. is Single $2,000 / Joint $4,000 Personal Exemptions/Credits (c): Single $3,200 / Joint $6,400 / Dependent $3,200 Federal Tax Deductible?: N State Tax Deductible?: Y Alternative Minimum Tax (AMT)?: Y Inheritance, Gift, Estate, Death Taxes Gift Tax?: N Estate Tax?: Decoupled Inheritance Tax?: N Generation-Skipping Tax?: N Miscellaneous Taxes Gas Tax: 23.5 cents/gallon Diesel Tax: 24.3 cents/gallon Cigarette Tax: 200 cents/20 pack Pass-through Entities LLC Pass-through Recognized?: Y S-Corp Pass-through Recognized?: Y Payroll Taxes Unemployment Insurance Tax Index (TaxFoundation.org): #37 Property Taxes Median Tax Paid on Homes (Rank): $2,612 (#11) Median Value of Homes: $341,200 Tax as % of Home Value (Rank): 0.77% (#29) Median Income of Homeowner: $86,373 Tax as % of Income (Rank): 3.02% (#19) Sales and Use Taxes State Rate: 6.00% County & City (Weighted Ave): None Combined State and Ave. Local Rates (Rank): 6.00% (#32) General Treatment of Services: Exempt Gas Exemption: Exempt Grocery Exemption: Exempt |
| |
Categories
Related Categories
- Taxes/State and Local Taxes/State Tax Tools/State Tax FAQs/Maryland State Tax Questions and Answers
- Taxes/State and Local Taxes/Multistate State Tax Help and Forms
Links
(1 vote)
These forms have been formatted with a fill-in feature that allows you to type information into them on your computer and then print out a paper copy. In order to use the fill-in feature, you must have the Adobe Acrobat Reader which is available for free online.
Includes various personal and business tax bulletins, along with "ReveNews," the Comptroller's official tax newsletter.
http://taxpros.marylandtaxes.com/publications/bulletins/default.asp
The Annotated Code of Maryland, minus the annotations (but with catchlines, history, titles, and index).
Free direct Internet filing via interactive Web session.
http://interactive.marylandtaxes.com/Individuals/iFile_ChooseForm/
The Comptroller's Office offers a voluntary disclosure program that allows businesses to voluntarily report and pay past due Maryland tax liabilities. The voluntary disclosure program applies only if we have not previously contacted you about the liability.
