Maryland House Bill 857: Income Tax - Subtraction Modification for Military Retirement Income - Individuals Under the Age of 55

Maryland · 2026 Regular Session

What it does

Increasing, from $12,500 to $20,000, the amount of a subtraction modification under the Maryland income tax for military retirement income for individuals who are under the age of 55 years; and applying the Act to all taxable years beginning after December 31, 2025.

Latest action

Hearing 2/19 at 1:00 p.m. (2026-02-05)

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