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If you have an employee who expects to have less than $12,950 in income during 2022, you are not required to withhold Maryland state and local income tax.
Subtractions From Income The RELIEF Act allows Maryland taxpayers to subtract certain amounts from their federal adjusted gross income (FAGI). In order to be eligible for the subtraction, these amounts must be included in a taxpayers FAGI for the same year.
This form may be used by both resident and nonresident individuals. If you received unemployment compensation, or if you received a Coronavirus Relief Payment, use this form to subtract those amounts from your federal adjusted gross income to determine your Maryland adjusted gross income.
The subtraction is the amount of income from the return or replacement of assets that has not been deducted or excluded from income on your federal return. Military retirement income received by individuals awarded the Medal of Honor can be subtracted from federal gross income.
The subtraction modification allows farmers to subtract eligible equipment purchases from taxable income on Maryland individual and corporate tax returns.
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Taxpayers can subtract certain expenses, payments, contributions, fees, etc. from their total income. The adjustments, subtracted from total income on Form 1040, establish the adjusted gross income (AGI).
The RELIEF Act provides assistance to Marylanders who received unemploy- ment insurance (UI) benefits or whose UI claims have been in adjudication for at least 30 days.
Adjustments to Income include such items as Educator expenses, Student loan interest, Alimony payments or contributions to a retirement account. Your AGI will never be more than your Gross Total Income on you return and in some cases may be lower. Refer to the 1040 instructions (Schedule 1)PDF for more information.
This includes interest from mutual funds that invest in non-Maryland state or local obligations. Interest earned on obligations of Maryland or any Maryland subdivision is exempt from Maryland tax and should not be entered on this line. See State of Maryland Instructions for more detail.
More In Forms and Instructions Publication 502 explains the itemized deduction for medical and dental expenses that you claim on Schedule A (Form 1040), including: What expenses, and whose expenses, you can and cannot include in figuring the deduction.

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