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Old 05-06-2015, 11:15 AM
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2014 MD Information for Individual Income Tax Returns

Per MD State, "For tax year 2014, Maryland's personal tax rates begin at 2% on the first $1000 of taxable income and increase up to a maximum of 5.75% on incomes exceeding $250,000 (or $300,000 for taxpayers filing jointly, heads of household, or qualifying widow(ers)). Nonresidents are subject to a special tax rate of 1.25%, in addition to the state income tax rate."

Maryland's 23 counties and Baltimore City also levy a local income tax, which is collected on the resident state tax return as a convenience to local governments.

There are special tax benefits available to taxpayers 65 and older, military retirees, low income families and families paying for child care. The deadline for filing your Maryland income tax is April 15, 2015, if you are filing on a calendar year basis.

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