Maryland’s 2022 withholding guide, which has a March 2022 revision date and a January 2022 effective date, increases the range of the state’s standard deduction.
The standard deduction, which is 15% of the employee’s gross income subject to a minimum and maximum, increased to a minimum of $1,600 and a maximum of $2,400, up from a range of $1,550 to $2,350, the state comptroller’s office said in the guide.
The annual income threshold below which single employees and students are not subject to withholding increased to $12,550, up from $12,400, the comptroller’s office said.
The guide’s percentage methods were ...
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