Section 10-602 – Computation of State Income Tax — From Income Tax Tables
An individual shall compute the tax for a taxable year from the tax tables if the individual has Maryland taxable income equal to or less than the maximum amount provided for in the tax tables.
Section 10-603 – Computation of State Income Tax — in Year of Rate Change
Unless an act that changes the State income tax rate provides otherwise, if the rate changes on a date other than the 1st day of the taxable year of a person, the person shall compute State income tax using the tax rate that applies to each part of the year.
Section 10-604 – Computation of County Income Tax
Except as otherwise provided in this subtitle, an individual shall compute the county income tax by applying the county tax rate in § 10-106 of this title to Maryland taxable income.
Section 10-701 – Income Tax Withholdings and Estimated Tax Payments Made
An individual may claim a credit against the income tax for a taxable year for income tax withheld and estimated tax payments made for the year under Subtitle 9 of this title.
Section 10-701.1 – For Tax Paid Under 10-102.1 of This Title
A member of a pass–through entity may claim a credit against the income tax for a taxable year in the amount of tax paid by a pass–through entity under § 10–102.1 of this title that is attributable to the member’s share of the pass–through entity’s taxable income, as defined in § 10–102.1(a)(8) of this title.
Section 10-702 – For Wages Paid in Enterprise Zone
(a) (1) In this section the following words have the meanings indicated. (2) (i) “Business entity” means: 1. a person conducting or operating a trade or business; or 2. an organization that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code. (ii) “Business entity” does not include a person owning, operating, developing, constructing, or rehabilitating property intended […]
Section 10-703 – For Tax Paid by Resident to Another State
(a) In this section, “member” and “pass–through entity” have the meanings stated in § 10–102.1 of this title. (b) Except as provided in subsection (c) of this section, a resident may claim a credit against the income tax for a taxable year in the amount determined under subsection (d) of this section for State tax on income […]
Section 10-703.2 – Gains From Installment Sale of Property in Another State
(a) In this section, “installment sale” has the meaning stated in § 453(b) of the Internal Revenue Code. (b) A credit against the State income tax in the amount determined under subsection (c) of this section may be claimed by a resident who recognizes income for the current taxable year for federal income tax purposes from an […]
Section 10-217 – Standard Deduction
(a) (1) (i) Except as otherwise provided in this subsection, an individual may elect to use the standard deduction to compute Maryland taxable income whether or not the individual itemizes deductions on the individual’s federal income tax return in determining federal taxable income. (ii) If an individual elects to use the standard deduction on the federal income tax return, […]
Section 10-401 – Allocation of Income — for Nonresident
In computing the adjustments under §§ 10-206 and 10-210 of this title, a nonresident shall allocate to the State income, losses, or adjustments derived in connection with a business that is carried on both in and out of the State and of which the nonresident is a partner, shareholder of an S corporation, or proprietor, […]