Maryland Income Tax Rate 2023 - 2024
Maryland state income tax rate table for the 2023 - 2024 filing season has eight income tax brackets with MD tax rates of 2%, 3%, 4%, 4.75%, 5%, 5.25%, 5.5% and 5.75% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses.
The Maryland tax rate and tax brackets are unchanged from last year.
Maryland income tax rate and tax brackets shown in the table below are based on income earned between January 1, 2023 through December 31, 2023. Outlook for the 2024 Maryland income tax rate is to remain unchanged.
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $1,000 | 2% |
| $1,001 | to | $2,000 | 3% |
| $2,001 | to | $3,000 | 4% |
| $3,001 | to | $100,000 | 4.75% |
| $100,001 | to | $125,000 | 5% |
| $125,001 | to | $150,000 | 5.25% |
| $150,001 | to | $250,000 | 5.5% |
| $250,001 | to | ∞ | 5.75% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $1,000 | 2% |
| $1,001 | to | $2,000 | 3% |
| $2,001 | to | $3,000 | 4% |
| $3,001 | to | $150,000 | 4.75% |
| $150,001 | to | $175,000 | 5% |
| $175,001 | to | $225,000 | 5.25% |
| $225,001 | to | $300,000 | 5.5% |
| $300,001 | to | ∞ | 5.75% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $1,000 | 2% |
| $1,001 | to | $2,000 | 3% |
| $2,001 | to | $3,000 | 4% |
| $3,001 | to | $100,000 | 4.75% |
| $100,001 | to | $125,000 | 5% |
| $125,001 | to | $150,000 | 5.25% |
| $150,001 | to | $250,000 | 5.5% |
| $250,001 | to | ∞ | 5.75% |
| Income Tax Bracket | Tax Rate 2023 | ||
|---|---|---|---|
| $0 | to | $1,000 | 2% |
| $1,001 | to | $2,000 | 3% |
| $2,001 | to | $3,000 | 4% |
| $3,001 | to | $150,000 | 4.75% |
| $150,001 | to | $175,000 | 5% |
| $175,001 | to | $225,000 | 5.25% |
| $225,001 | to | $300,000 | 5.5% |
| $300,001 | to | ∞ | 5.75% |
Source: 2023 Maryland Maryland Income Tax Rates and Brackets, published by the Comptroller of Maryland.
Please reference the Maryland tax forms and instructions booklet published by the Comptroller of Maryland to determine if you owe state income tax or are due a state income tax refund. Maryland income tax forms are generally published at the end of each calendar year, which will include any last minute 2023 - 2024 legislative changes to the MD tax rate or tax brackets. The Maryland income tax rate tables and tax brackets shown on this web page are for illustration purposes only.
Maryland Tax Brackets 2023 - 2024
Looking at the tax rate and tax brackets shown in the tables above for Maryland, we can see that Maryland collects individual income taxes differently for Single versus Married filing statuses, for example. We can also see the progressive nature of Maryland state income tax rates from the lowest MD tax rate bracket of 2% to the highest MD tax rate bracket of 5.75%.
For single taxpayers living and working in the state of Maryland:
- Tax rate of 2% on the first $1,000 of taxable income.
- Tax rate of 3% on taxable income between $1,001 and $2,000.
- Tax rate of 4% on taxable income between $2,001 and $3,000.
- Tax rate of 4.75% on taxable income between $3,001 and $100,000.
- Tax rate of 5% on taxable income between $100,001 and $125,000.
- Tax rate of 5.25% on taxable income between $125,001 and $150,000.
- Tax rate of 5.5% on taxable income between $150,001 and $250,000.
- Tax rate of 5.75% on taxable income over $250,000.
For married taxpayers living and working in the state of Maryland:
- Tax rate of 2% on the first $1,000 of taxable income.
- Tax rate of 3% on taxable income between $1,001 and $2,000.
- Tax rate of 4% on taxable income between $2,001 and $3,000.
- Tax rate of 4.75% on taxable income between $3,001 and $150,000.
- Tax rate of 5% on taxable income between $150,001 and $175,000.
- Tax rate of 5.25% on taxable income between $175,001 and $225,000.
- Tax rate of 5.5% on taxable income between $225,001 and $300,000.
- Tax rate of 5.75% on taxable income over $300,000.
For the Single, Married Filing Jointly, Married Filing Separately, and Head of Household filing statuses, the MD tax rates and the number of tax brackets remain the same. Notice, however, the Maryland income tax brackets for Married Filing Jointly and Head of Household increase in the fourth bracket from $100,000 to $150,000 at 4.75%, and increase from $250,000 to $300,000 at 5.75% the highest tax bracket. Single and Married Filing Separately income tax brackets are not one half that of the Married Filing Jointly income tax brackets in the state of Maryland.
Last updated: December 9, 2023
References:
- Income Tax for Individual Taxpayers. State of Maryland, Comptroller of Maryland. Retrieved December 9, 2023.