Posts Tagged ‘estate’
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 )