This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Maryland Tax on Estate and Trust Income Under MD Tax-Gen § 10-201

Maryland law imposes a 6% tax on the income of estates and trusts, as set by MD Tax-Gen § 10-201. This rate applies to the Maryland taxable income of the estate or trust, calculated after allowable deductions and adjustments under state law. The statute establishes the tax base and the single flat rate, with no graduated brackets for these entities. The official source at Title 10, Subtitle 2 provides the complete rule, including any applicable credits or modifications. The worked example below demonstrates how the 6% rate is applied to a typical trust’s taxable income. To estimate the tax for a specific estate or trust, use the calculator with your own figures.

Governing authority

In Maryland, the tax implication viewer rule is set by MD Tax-Gen § 10-201. The verified packet cites MD Tax-Gen § 10-201 (https://law.justia.com/codes/maryland/2022/tax-general/title-10/subtitle-2).

Maryland tax implication viewer: the verified value is 6% under MD Tax-Gen § 10-201. The verified packet cites MD Tax-Gen § 10-201 (https://law.justia.com/codes/maryland/2022/tax-general/title-10/subtitle-2).

Estimate your own result: every situation has exceptions that can change the outcome. Use the tax implication viewer calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.