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April 4, 2024
Question

Maryland State from 502, the figure put into line 17 is not correct, it should be the Standard Deduction but its some other number. What is wrong?

  • April 4, 2024
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1 reply

April 5, 2024

Are you sure you are calculating the standard deduction correctly? It should be 15% of your Maryland adjusted gross income as listed on line 16 of your Form 502. However, it is a minimum of $1,700 and $3,450 and maximum of $2,550 and $5,150, depending on whether you are filing single or married-joint.  Per the instructions for MD Form 502:

 

MD Form 502 Instructions

 

 

You can use the standard deduction worksheet on page 12 of the instructions to get an accurate calculation of your standard deduction:

 

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