Maryland HB411 alters the standard deduction for Maryland income tax, adjusting it based on the federal cost-of-living adjustment.

Maryland HB411 changes the standard deduction for Maryland income tax, allowing individuals to use it regardless of their federal tax return status. It sets the standard deduction at $4,100 for individuals, $8,200 for heads of household or surviving spouses, and $8,200 for joint filers. The deduction amount will increase annually based on the federal cost-of-living adjustment, starting from July 1, 2026.

Maryland HB411 alters the standard deduction for Maryland income tax, adjusting it based on the federal cost-of-living adjustment.

Maryland HB411 changes the standard deduction for Maryland income tax, allowing individuals to use it regardless of their federal tax return status. It sets the standard deduction at $4,100 for individuals, $8,200 for heads of household or surviving spouses, and $8,200 for joint filers. The deduction amount will increase annually based on the federal cost-of-living adjustment, starting from July 1, 2026.