Maryland Paycheck Calculator
Easily estimate take home pay after income tax so you can have an idea of what to possibly expect when planning your budget
Results
Income Before Tax
Take Home Pay
Total Tax
Average Tax Rate
$ = US Dollar
Income Before Tax
Federal Income Tax
State Income Tax
State Tax Credits
Social Security
Medicare
State Disability Insurance
State Paid Family and Medical Leave (PFML)
State Unemployment Insurance
State Worker Comp
State Transit Tax
Mental Health Services Tax
Average Local Income Tax
Total Tax
Take Home Pay
Federal Deductions
State Deductions
Average Tax Rate
Table of Contents
Summary
Enter your employment income into the paycheck calculator above to estimate how taxes in Maryland, USA may affect your finances. You'll then get your estimated take home pay, an estimated breakdown of your potential tax liability, and a quick summary down here so you can have a better idea of what to possibly expect when planning your budget.
This paycheck calculator also works as an income tax calculator for Maryland, as it shows you how much income tax you have to pay based on your salary and personal details.
To learn more about Maryland, its income tax, and tax brackets, so that you can get a deeper understanding of how your budget and finances may be affected, scroll down to the detail section below!
Frequently Asked Questions
What is the income tax rate in Maryland?
The state income tax rate in Maryland is progressive and ranges from 2% to 5.75% while federal income tax rates range from 10% to 37% depending on your income. This paycheck calculator can help estimate your take home pay and your average income tax rate.
How many income tax brackets are there in Maryland?
The state income tax system in Maryland has eight different tax brackets. For more details, check out our detail section.
How Your Maryland Paycheck Works
The state of Maryland is a place with many attractions and opportunities for residents and visitors alike. From the scenic Chesapeake Bay to the historic Annapolis, Maryland has something for everyone.
If you're working in Maryland, you also need to know how the state’s tax system affects your income and paycheck. Let's break down how your Maryland paycheck works and what income taxes and withholdings you can expect to see on it.
Federal income tax will be one of the major items taken from your paycheck. It is a progressive tax that depends on your filing status, income level, deductions, and more.
How much federal income tax that is withheld from your paycheck depends on the information you provide on Form W-4. For example, marital status is one such detail. This form tells your employer how much to withhold, as far as federal taxes are concerned. You can adjust your withholding by changing your details on a new Form W-4 anytime.
The state income tax in Maryland is also a progressive tax that ranges from 2% to 5.75% depending on your taxable income. The amount withheld from your paycheck is based on the information you provide on Form MW507 (Employee’s Maryland Withholding Exemption Certificate), which is similar to Form W-4 but specific to Maryland. You should update this when necessary as well.
In addition to the state income tax, many places in Maryland also impose a local income tax that varies by county or city. The local income tax rates range from 2.25% to 3.2% of your taxable income. One important point to note here is that this is withheld from your paycheck based on the county or city where you live, not where you work.
The FICA taxes are federal taxes that fund Social Security and Medicare programs. These are withheld from your paycheck at flat rates of 6.2% for Social Security and 1.45% for Medicare. Note that Social Security tax is only applicable on up to $147,000 of your gross wages in 2022. Medicare, on the other hand, has no limit. Also, if you earn more than an upper amount in a year, you will also pay an additional 0.9% Medicare surtax.
Some other withholdings that may affect your paycheck are health insurance premiums, retirement contributions, flexible spending accounts, health savings accounts, commuter benefits, life insurance premiums, and charitable donations. These may reduce your taxable income and lower your tax liability depending on whether they are pre-tax or post-tax.
Another factor that matters is how often you get paid. Some employers may pay their workers weekly, biweekly, or monthly. The frequency of your paycheck can have an impact on your budgeting, cash flow, and savings.
For example, if you get paid weekly, you might have more consistent income throughout the month, but less money per paycheck. If you get paid monthly, you might have more money per paycheck, but less flexibility to deal with unexpected expenses. Ultimately, the best paycheck frequency for you depends on your personal preferences and financial goals.
State Income Tax Brackets
For 2022 tax year
| Taxable Income (USD) | Tax Rate |
|---|---|
| First 1,000 | 2% |
| From 1,000 to 2,000 | 3% |
| From 2,000 to 3,000 | 4% |
| From 3,000 to 100,000 | 4.75% |
| From 100,000 to 125,000 | 5% |
| From 125,000 to 150,000 | 5.25% |
| From 150,000 to 250,000 | 5.5% |
| From 250,000 onwards | 5.75% |
For 2022 tax year
| Taxable Income (USD) | Tax Rate |
|---|---|
| First 1,000 | 2% |
| From 1,000 to 2,000 | 3% |
| From 2,000 to 3,000 | 4% |
| From 3,000 to 150,000 | 4.75% |
| From 150,000 to 175,000 | 5% |
| From 175,000 to 225,000 | 5.25% |
| From 225,000 to 300,000 | 5.5% |
| From 300,000 onwards | 5.75% |
Those that are married filing jointly or head of household see the same tax rate range, but have some tax bracket amounts increased.
Both a state standard deduction and a personal exemption exist and vary depending on your filing status and income. The former is calculated as a percentage of your income while incoporating a minimum floor and a maximum cap. On the other hand, the latter is a fixed amount that phases out for high income earners up to a point where it goes away completely for those earning over a certain amount.
More From Investomatica:
For sales tax, please visit our Maryland Sales Tax Rates and Calculator page.
Calculate Your Paycheck in Other States and US Regions
Calculate Your Paycheck in Other Parts of North America
Disclaimer
- The content shown on this page is strictly for educational purposes only. It does not represent advice nor is it a substitute for a professional advisor.
- Estimated results are just estimates. They are not a guarantee of future results.
- Tax situations vary widely and calculations can get very complex. This paycheck calculator only provides a rough estimate according to the most common scenarios for standard employment income that comes from an employer. If you are self-employed, your taxes might differ.
- There may be additional deductions, credits, exemptions, allowances, reliefs, etc depending on many factors. Some factors are about your family such as the number of dependents, children, relatives, parents, etc. Other factors may include mortgage payments, property depreciation, charitible donations, additional voluntary retirement contributions, etc. Whether or not you are handicapped and/or disabled may also sometimes be an additional factor.
- Depending on region and jurisdiction, salary bonuses may be treated and taxed differently from standard salary.
- Calculators from other sites may show slightly different numbers due to different deductions/credits being included or they are based on data from a different year.
- Generally, we review changes once a year since tax codes usually change once a year. If you notice a major miscalculation or error with our paycheck calculator (most likely caused by a typo somewhere), feel free to direct message us on twitter and let us know. However, if you have specific questions about your own personal situation, please consult a licensed tax professional.
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