Posts Tagged ‘estate’

Real Tax Maryland

Real Tax Maryland
Real Tax Maryland

Question: Income Tax in Frederick Maryland?

I’m trying to figure out the income tax rate, and according to Sperling it’s 9.50%, but the max tax bracket for Maryland is 5.75% according to taxrate. So what’s the real value, and whats a good source to finding data like this in the future?

Answer: This info is current for the 2008 tax year:

Maryland state income tax varies based on your income:

http://individuals.marylandtaxes.com/incometax/ratesbrackets.asp

And, Frederick County itself has a local income rate of 2.96%:

http://individuals.marylandtaxes.com/incometax/localtax.asp

Homebuyer Tax Credit, buying & selling (Buy Sell Homes in VA & MD )


Tax Resources Archives: