topic MD tax form offsets all of the social security benefits, but new MD law phases in 30% offset in Retirement tax questions

MD tax form offsets all of the social security benefits, but new MD law phases in 30% offset

berms — Fri, 23 Jan 2026 20:49:56 GMT

are Turbo tax forms for Maryland wrong becasue they offset 100% of the social security beneits from pension exclusion

Re: MD tax form offsets all of the social security benefits, but new MD law phases in 30% offset

xmasbaby0 — Fri, 23 Jan 2026 20:57:16 GMT

Maryland does not tax Social Security benefits. Did you enter your SSA1099 in the wrong place in your federal return? Better check:

Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your SSA1099.

Re: MD tax form offsets all of the social security benefits, but new MD law phases in 30% offset

dmertz — Sat, 24 Jan 2026 00:11:38 GMT

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.