1. What is the Maryland Salary Calculator?

This calculator helps Maryland residents estimate their take-home pay after accounting for federal tax, Maryland state tax, and FICA contributions. It's designed for two-earner households to calculate their combined net income.

2. How Does the Calculator Work?

The calculator uses the following formula for each earner:

Where:

• Gross Pay — Total earnings before deductions
• Federal Tax — Federal income tax withholding
• MD State Tax — Maryland state income tax
• FICA — Social Security and Medicare taxes (7.65% of gross pay typically)

3. Understanding Your Take-Home Pay

Details: Your take-home pay is significantly less than your gross salary due to mandatory deductions. Maryland has a progressive state income tax ranging from 2% to 5.75%.

4. Using the Calculator

Tips: Enter all values in dollars. For most accurate results, use figures from your pay stub. The calculator provides both individual and combined results for two earners.

5. Frequently Asked Questions (FAQ)

Q1: What's included in FICA?
A: FICA includes Social Security (6.2%) and Medicare (1.45%) taxes. Higher earners may have additional Medicare tax.

Q2: How accurate is this calculator?
A: It's accurate for the inputs provided. For precise calculations, consult a tax professional as many factors affect actual take-home pay.

Q3: Are local taxes included?
A: No, this calculator doesn't include county or city taxes that some Maryland jurisdictions impose.

Q4: What about pre-tax deductions?
A: This calculator assumes gross pay is before any deductions. For more accuracy, subtract pre-tax deductions (like 401k) from gross pay first.

Q5: How often should I recalculate?
A: Recalculate whenever your income changes significantly or at least annually as tax brackets adjust.