Income Tax – Subtraction Modification – Military Retirement Income

Bill Number:  HB0012

Bill Sponsor(s):  Delegate Brooks

Subject:  Ways and Means

Bill Summary:

Increasing the maximum subtraction modification allowed under the Maryland income tax for certain military retirement income for individuals who are at least 45 years old but under the age of 65; and applying the Act to taxable years beginning after December 31, 2017.



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