The Maryland Tax Calculator helps users estimate their state and county taxes, standard deduction, personal exemptions, and effective tax rate based on their annual income, filing status, number of allowances, and county of residence.
Maryland Tax Calculator
Use Our Maryland Tax Calculator
Step-by-Step Guide to Using the Maryland Tax Calculator
This Maryland Tax Calculator helps you estimate your state and county taxes based on various inputs. Follow the steps below to make the most of this tool:
Step 1: Enter Your Annual Income
Begin by entering your Annual Income ($). This is the total amount of money you earn in a year and is a required field. You should enter a value greater than or equal to 0.
Step 2: Select Your Filing Status
Choose your Filing Status from the available options. The choices you can select from are:
- Single
- Married Filing Jointly
- Head of Household
This is also a required field and affects the calculations of your tax obligations.
Step 3: Enter the Number of Allowances
In the Number of Allowances field, enter the number of allowances you claim. This number should be a non-negative integer, as this field is mandatory and allows only whole numbers.
Step 4: Select Your County of Residence
Choose your County of Residence from the list of counties in Maryland. Each county has a specific tax rate associated with it. Options include:
- Worcester County – 2.25%
- Talbot County – 2.50%
- Kent County – 2.81%
- Queen Anne’s County – 2.85%
- Caroline, Cecil, Carroll Counties – 3.00%
- St. Mary’s County – 3.02%
- Somerset County – 3.03%
- Dorchester County – 3.05%
- Frederick County – 3.06%
- Allegany County – 3.10%
- Washington County – 3.15%
- Calvert County – 3.17%
- Charles, Harford, Wicomico Counties – 3.20%
- Baltimore County – 3.20%
- Prince George’s County – 3.23%
- Anne Arundel County – 3.25%
- Baltimore City – 3.30%
- Montgomery, Howard Counties – 3.32%
This is another required field which influences the total tax you will owe.
Step 5: Review the Calculated Results
Once you have filled out all the necessary input fields, review the following calculated results:
- Standard Deduction: Calculated as the lesser of 15% of your annual income or $2,250, but not less than $1,500.
- Personal Exemptions: Determined based on the amount of allowances multiplied by $3,200.
- Taxable Income: This is your annual income minus the standard deduction and personal exemptions, ensuring it is not less than 0.
- Maryland State Tax: Based on a progressive tax rate, with rates increasing with higher income brackets.
- County Tax: Calculated as a percentage of the taxable income as defined by your county’s tax rate.
- Total Tax: The sum of both Maryland State Tax and County Tax.
- Effective Tax Rate: Represents the percentage of your annual income that is paid as total tax.
These figures enable you to understand your tax obligations better and plan accordingly.