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MD HB411

MD HB411
Income Tax - Standard Deduction - Alteration


summary

Introduced
01/22/2026
In Committee
01/22/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Increasing the amount of the standard deduction allowed for certain individuals from $3,350 to $4,100 under the Maryland income tax; and applying the Act to taxable years beginning after December 31, 2025.

AI Summary

This bill increases the standard deduction for Maryland income tax purposes for individuals who are not heads of household or surviving spouses, or filing jointly, from $3,350 to $4,100, and for heads of household, surviving spouses, and those filing jointly, from $6,700 to $8,200, with these changes applying to taxable years beginning after December 31, 2025, and the bill also adjusts the cost-of-living adjustment calculation for future years to account for inflation, with the act taking effect on July 1, 2026.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

House Ways and Means Hearing (13:00:00 2/12/2026 ) (on 02/12/2026)

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