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2022 Withholding Tax Facts

COM RAD 098 Revised 11/21 MARYLAND WITHHOLDINGTA X FAC T SJanuary 2022 - December 2022 This edition of Withholding Tax Facts offers information about filing your employer Withholding tax forms, reconciliation statement and other employer Withholding related TA X R ATEThe local income tax is computed without regard to the impact of the state tax rate. The state rates and rate brackets are indicated below:TA X R ATE SCHEDULE I(For taxpayers filing as Single, Married Filing Separately, or as Dependent Taxpayers. This rate is also used for taxpayers filing as Fiduciaries.)Taxable Net Income is: Maryland Tax is: Over But Not Over$ 0 $ 1,000 2% of the amount 1,000 2,000 $20 plus 3% of the excess over $1,000 2,000 3,000 $50 plus 4% of the excess over $2,000 3,000 100,000 $90 plus of the excess over $3,000 100,000 125,000 $4, plus 5% of the excess over $100,000 125,000 150,000 $5, plus of the excess over $125,000 150,000 250,000 $7, plus of the excess over $150,000 250,000 ------- $12, plus of the excess over $250,000TA X R ATE SCHEDULE II(For taxpayers filing Joint Returns, Head of Household, or for Qualifying Widows/Widowers.)

TAX FACTS January 2022 - December 2022 This edition of Withholding Tax Facts offers information about filing your employer withholding tax forms, reconciliation ... Administration Division, 110 Carroll Street, Annapolis, MD 21411-0001. You also may use our change of address form online, available at www.marylandtaxes.gov . Please

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