USA State Taxes
MARYLAND (MD)
STATE INCOME TAX (SIT)
Description | Amount | Effective Date | Website | Deposit Method / Frequency / Threshold | Forms |
---|---|---|---|---|---|
Wage Withholding | Tables |
Employer Withholding Information and Tables
|
Monthly EFT $700 or more in a quarter. Quarterly EFT $0 - $699 in a quarter. Due 15th day of month following quarter. Accelerated 3-Day EFT $15K > in a previous year - $700 limit driven. Due within 3 days of pay date. Must have a FEIN & MD Central Registration Number to file online Electronic filing through bFile or Register for EFT |
MW506
State Withholding Exemption Certificate MW507 |
|
Supplemental Wage / Bonus Rate |
Maryland resident = 5.75% plus County W/H rate (See local withholding tax below for County tax amounts) |
STATE UNEMPLOYMENT INSURANCE (SUI)
Description | Amount | Effective Date | Website | Deposit Method / Frequency / Threshold | Forms |
---|---|---|---|---|---|
Maximum Taxable Earnings | $8,500 | Unchanged from 2023 |
Department of Labor, Licensing and Regulation
Registration same as SIT |
Quarterly EFT Must file if Wages = zero. File and Pay at BEACON |
UI Forms |
Employee Deduction | None | ||||
Employer Tax Rate | 0.30 - 7.5% | Changed from 2023 | |||
New Employment Rate - Standard | 2.60% | Increase from 2.3% in 2023 | |||
Voluntary Contribution Permitted | No |
NEW HIRE REPORTING
Website | Frequency / Method | Forms |
---|---|---|
New Hire |
Same as federal requirements. If no hires, no report required. |
New Hire Form |
LOCAL WITHHOLDING TAXES (2020)
Description | Amount | Website | Deposit Method / Frequency / Threshold | Forms |
---|---|---|---|---|
Baltimore City and County local taxes (Based on taxable income)
Collected by the State of Maryland See SIT
|
Allegany County - 3.05% Anne Arundel County - 2.81% Baltimore City - 3.20% Baltimore County - 3.20% Calvert County- 3.00% Caroline County - 3.20% Carroll County - 3.03% Cecil County - 3.00% Charles County - 3.03% Dorchester County - 3.20% Frederick County - 2.96% Garrett County - 2.65% Harford County - 3.06% Howard County - 3.20% Kent County - 3.20% Montgomery County - 3.20% Prince George’s County - 3.20% Queen Anne's County - 3.20% St. Mary’s County - 3.10% Somerset County - 3.20% Talbot County - 2.40% Washington County - 3.00% Wicomico County - 3.20% Worcester County - 2.25% Non Residents - 2.25% |
See SIT Employer Withholding Information and Tables link |
Local taxes are paid through bFile with SIT. |
WEBSITES
Disclaimer: This information is for reference only. To ensure accurate set up, we highly recommend that the information is verified with the applicable federal and state/provincial agencies. TimeTrex makes no claims, guarantees, or promises about the accuracy, current status, or completeness of the information provided. In no event shall TimeTrex be liable for any errors or omissions with respect to any resource information.
Last updated Jan 2024