dmertz
Level 15

Retirement tax questions

The Maryland House Bill that proposes this change has not become law.  It gets introduced every year and dies in committee:

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0355?ys=2025RS

 

The only thing that has changed between 2024 and 2025 is that the maximum allowable Social Security benefit has increased from $39,500 to $41,200.  Otherwise, the calculation is exactly the same.