Maryland Salary & Paycheck Calculators
Updated October 2024Maryland employs a graduated income tax system with rates ranging from 2% to 5.75%, which can significantly impact your net income based on your earnings level. While more complex than some other states, Maryland's tax code includes various deductions and exemptions that affect your paycheck.
Maryland Income Tax Highlights
For single filers, married filing separately, and dependent taxpayers:
- 2% on the first $1,000 of taxable income
- 3% on taxable income between $1,001 and $2,000
- 4% on taxable income between $2,001 and $3,000
- 4.75% on taxable income between $3,001 and $100,000
- 5% on taxable income between $100,001 and $125,000
- 5.25% on taxable income between $125,001 and $150,000
- 5.5% on taxable income between $150,001 and $250,000
- 5.75% on taxable income over $250,000
For married couples filing jointly, head of household, or qualifying widows/widowers:
- 2% on the first $1,000 of taxable income
- 3% on taxable income between $1,001 and $2,000
- 4% on taxable income between $2,001 and $3,000
- 4.75% on taxable income between $3,001 and $150,000
- 5% on taxable income between $150,001 and $175,000
- 5.25% on taxable income between $175,001 and $225,000
- 5.5% on taxable income between $225,001 and $300,000
- 5.75% on taxable income over $300,000
These rates apply to residents on all sources of income and to non-residents on Maryland-sourced income. The state allows for certain deductions and credits that can affect your taxable income.
Maryland Calculators & Tools
Calculate Your Take-Home Pay
Input your income details and see how much you make after taxes and deductions.
Bonus Calculators
Find out how much your bonus will be taxed.
Net-to-Gross
Find out how much your gross pay should be for a specific take-home pay.
Withholding Forms
Specialty Calculators
Dual Scenario Hourly
Compare your take home pay in different hourly scenarios.
Dual Scenario Salary
Compare your take home pay in different salary scenarios.
401k Calculator
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Tax Tip Calculator
Determine your take home from tips after taxes
Key Points to remember about the Maryland Paycheck Structure
- Progressive tax system with eight brackets
- Standard deduction of up to $2,700 for all filers
- Personal exemption of $3,200 per qualifying individual (phased out for higher incomes)
- Local income taxes ranging from 2.25% to 3.20% depending on the county
- Maryland does not tax Social Security benefits
Understanding these aspects of Maryland's tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Old Line State. While Maryland's tax system is more complex than some states, it's important to consider the various deductions, credits, and local taxes to optimize your tax situation
Learn more about the Payroll Process in Maryland
Visit the Maryland Payroll Guide page
Fun Facts
Maryland offers diverse landscapes, from mountains to beaches, and is known for its blue crabs and the Chesapeake Bay. It played a pivotal role in American history, with Baltimore as a key seaport. The state is often called "America in Miniature" due to its variety.
