The Maryland Comptroller has issued technical bulletin announcing a new 2 percent additional tax on net capital gains for individuals with federal adjusted gross income exceeding $350,000, effective Dec. 29, 2025. This additional tax applies to net capital gains included in an individual’s Maryland adjusted gross income, including capital gains distributed from pass-through entities and fiduciaries, with certain exceptions such as gains from the sale of a primary residence under $1.5 million. [Md. Comptroller, Technical Bulletin No. 58, 12/29/25]
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