What do I need to know about state withholding tax?
Income earned within Maryland is subject to withholding tax for both residents and non-residents.
Non-residents who have earned income in Maryland may be exempt from withholding if their income consists entirely of wages or other compensation for personal services performed in Maryland, and their state of residence has a reciprocal agreement with Maryland.
What forms do employees need to set up state withholding?
Form MW507 – Employee’s Maryland Withholding Exemption Certificate
Form MW507M – Exemption from Maryland Withholding Tax for a Qualified Civilian Spouse of a U.S. Armed Forces Servicemember
What do I need to know about unemployment tax?
2020 Taxable Wage Base – 8,500
2020 New Employer UI Rate – 2.6%
With few exceptions, new employers are required to register for an unemployment tax account. Click here to register.