- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Maryland State Taxes, Verify no taxes for Capital Gains, Dividends
Am looking for verification the Maryland excludes taxes on Stock sales Capital gains, Capital gain distributions and ordinary Dividends.
This is based on the Turbotax question
Capital Gains From U.S. Obligations are Tax Free
You can exclude capital gains from U.S. obligations because Maryland does not tax them
Enter any portion of your capital gains that came from U.S. obligations
Federal Total Total from US
Obligations
Capital Gains $26911 $26911
I have included all the amount as it is made up of Stock Cap Gains, Cap Gain Distributions and Ordinary Dividends, all from U.S. obligations.
Doe this appear correct ?