INCOME TAX SUMMARY REPORT

____________________

TAX YEAR 2014

Comptroller Peter Franchot

State of Maryland

Comptroller of Maryland

Revenue Administration Division

Comptroller

This summary report is am analysis of Maryland Personal Income Tax Returns filed for the Calendar Year 2014. It

covers 2,805,105 Resident Personal Returns and 189,364 Nonresident Personal Returns filed for Calendar Year

2014 which were received during the State's Fiscal Year ended June 30, 2015 and October 15, 2015 six month

extension deadline. The Report represents complete tabulations of each return and is not a sample. This is the

forty-eighth such report issued. In many of the schedules included, the totals may vary to the extent of the rounding

of figures to the nearest dollar.

Wayne P. Green

Director

Sharonne Bonardi

Deputy Comptroller

Peter Franchot

Summary Report 2014

Page i

I. Introduction……………………………………..………………………………………………. 1

II. Statewide Statistical Tables

By County and By Income Class……………………………………………………………… 6

III. Income, State and Local Tax

By County and By Income Class.……….………………………………………………….. 23

IV. Total Tax, Cities and Towns……………………………………………………………………. 49

Page

Table of Contents

Summary Report 2014

Page ii

I. Introduction

Summary Report 2014

Page 1

Tax RatesThe following graduated income tax rates were in effect for tax year 2014:

Single, Married Filing Separately, or Dependent Taxpayer Filing Statuses Joint, Surviving Spouse, or Head of Household Filing Statuses

2.00 percent on net taxable income from $1 to $1,000 2.00 percent on net taxable income from $1 to $1,000

3.00 percent on net taxable income from $1,001 to $2,000 3.00 percent on net taxable income from $1,001 to $2,000

4.00 percent on net taxable income from $2,001 to $3,000 4.00 percent on net taxable income from $2,001 to $3,000

4.75 percent on net taxable income from $3,001 to $100,000 4.75 percent on net taxable income from $3,001 to $150,000

5.00 percent on net taxable income from $100,001 to $125,000 5.00 percent on net taxable income from $150,001 to $175,000

5.25 percent on net taxable income from $125,001 to $150,000 5.25 percent on net taxable income from $175,001 to $225,000

5.50 percent on net taxable income from $150,001 to $250,000 5.50 percent on net taxable income from $225,001 to $300,000

5.75 percent on net taxable income in excess of $250,000 5.75 percent on net taxable income in excess of $300,000

Gross Income and Net Taxable Income

Total Federal Adjusted Gross Income 290,873,237,468$

Modifications: Additions 7,802,165,571

Less: Subtractions 100,674,481,780 92,872,316,209

Maryland Adjusted Gross Income 198,000,921,259

Less: Total Taxpayer Deductions 25,797,940,095

Net Income 172,202,981,164

Less: Total Personal Exemptions 12,876,504,685

Net Taxable Income 159,326,476,479$

Growth - Resident Personal Returns Filed

For Calendar Year 2014, resident personal income tax returns filed totaled 2,805,105. This was an increase of 1.3 percent from

Calendar Year 2013.

The effective State tax rate for all personal returns filed for 2014 taking into account tax credits was 4.70 percent. This compares with the effective

rate of 4.68 percent for calendar year 2013. For a brief explanation of these credits, please see pages 4&5. For a breakdown of the tax credits,

please refer to pages 18 through 21.

In this section there are included 2,382,928 personal returns which had net taxable income and on which a tax was payable. It does not include

611,541 personal returns which may have a Maryland gross income, but because of deductions and exemptions, had no net taxable income and

thus paid no tax.

The modifications are the items of income that must be added to or subtracted from the federal adjusted gross income to develop the Maryland

adjusted gross income as provided in the Maryland law. Net modifications reduce the federal base by 31.9 percent leaving 68.1 percent of the

federal adjusted gross income as the base for Maryland.

Taxpayers' deductions, which totals $25,797,940,095, represent 13.0 percent of the Maryland adjusted gross income. Personal exemptions totaled

$12,876,504,685 or 6.5 percent of the Maryland adjusted gross income.

After deductions and personal exemptions, the net taxable income was $159,326,476,479 or 80.5 percent of the Maryland adjusted gross income.

Average net tax (state & local) per taxable return was $5,047.84.

Summary Report 2014

Page 2

Deductions: Manner of Claiming

Number

of Returns Amount

Taxpayers claiming the Standard Deduction 1,644,732 3,827,015,586$

Taxpayers claiming Itemized Deductions 1,349,737 25,825,173,894

Total 2,994,469 29,652,189,480$

Filing Status

Number of

Returns Percent of Total

Single Taxpayer 1,243,669 41.52%

Joint Return of Husband and Wife 1,042,314 34.81%

Married Taxpayer Filing Separate Return 88,905 2.97%

Head of Household 458,399 15.31%

Qualifying Widow(er) with Dependent Child 1,711 0.06%

Dependent Taxpayer 159,471 5.33%

Total 2,994,469 100.00%

Tax Collected by Source - Refunds - Net Receipts (Tax Year 2014)

Employer Estimated Tax Balance Total Gross Amount

Withholding Tax Paid Paid Receipts Refunded Net Receipts

Total 11,189,073,443$ 2,531,115,072$ 976,511,877$ 14,696,700,392$ 2,589,694,242$ 12,107,006,150$

Percent of 76.14% 17.22% 6.64% 100.00% 17.62% 82.38%

Gross Receipts

Net Taxable Income - State and Local Income TaxTotal

Net Taxable Income Net State Tax Net Local Tax State & Local Tax

Residents 154,286,835,261$ 7,155,324,874$ 4,546,674,491$ 11,701,999,365$

Non-Residents 5,039,641,218 326,646,911 -(*) 326,646,911

Total 159,326,476,479$ 7,481,971,785$ 4,546,674,491$ 12,028,646,276$

(*) Non-residents who file Form 505 are not subject to local income tax. However, starting in tax year 2004, nonresidents became subject to the "special non-resident

tax". The tax collected for tax year 2014 was $62,926,842 and is included in the Net State Tax for non-residents, here and wherever "Gross State Tax" is referenced.

Summary Report 2014

Page 3

Local Income Tax

For Calendar Year 2014, the following local rates were imposed:

Allegany 3.05% Calvert 2.80% Charles 3.03% Harford 3.06% Prince George's 3.20% Talbot 2.40%

Anne Arundel 2.56% Caroline 2.73% Dorchester 2.62% Howard 3.20% Queen Anne's 3.20% Washington 2.80%

Baltimore County 2.83% Carroll 3.04% Frederick 2.96% Kent 2.85% St. Mary's 3.00% Wicomico 3.20%

Baltimore City 3.20% Cecil 2.80% Garrett 2.65% Montgomery 3.20% Somerset 3.15% Worcester 1.25%

Note - Caroline, Carroll, and Charles Counties changed their local income tax rate in 2014.

% Change

Local Income Tax Payable 5.65%

Tax Credits(see pages 18 through 21 for a breakdown on the amount of allowed credits)

Out of State Tax Credit: Maryland residents are allowed a credit against the Maryland income tax for income taxes paid to another state on net

income that is properly subject to taxation in the other state, when the other state provides no credit to Maryland residents. The credit reduces the

tax payable by Maryland residents by the portion of the amount of the state income tax paid to the other state. The revenue of the subdivisions is

not affected by this credit, as it applies to the state income only.

Business Tax Credit: Individuals are allowed credits against the Maryland income tax as claimed on Form 500CR from a sole proprietorship or

pass-through entity. For a complete description of available credits, please refer to the Form 500CR and its instructions.

Earned Income Tax Credit: Individuals are allowed a credit against the Maryland income tax for half the federal earned income credit, up to the

amount of the Maryland income tax. The revenue of the subdivisions is affected by this credit, as there is also a local portion of the earned

income credit. For low income individuals, a portion of the State earned income credit may be refundable.

Poverty Level Tax Credit: Certain individuals with incomes below poverty level are allowed a credit against the Maryland income tax for a

percentage of certain earned income, up to the amount of the Maryland income tax. The revenue of the subdivisions is affected by this credit as

there is also a local poverty level credit. The credit cannot exceed the applicable tax liability and may not be refunded.

Under the law the 23 Counties and Baltimore City must impose a local income tax as a percentage of net taxable income. The local income tax is

imposed by ordinance or resolution of the county councils and county commissioners of the various counties and by the Mayor and City Council of

Baltimore City. The local income tax rates so imposed are certified to the Comptroller, who administers the local income tax and makes periodic

distributions to the counties, municipalities and special taxing districts of their shares.

2014

4,546,674,491$

2013

4,303,644,480

Increase

243,030,011$

Summary Report 2014

Page 4

Tax Credits (continued)

Child and Dependent Care Tax Credit: Individuals are allowed a credit against the Maryland income tax of 32.5% of the federal child and

dependent care credit claimed. The credit is phased out when federal adjusted gross income is above certain limitations. The credit cannot

exceed the State tax liability and may not be refunded.

Quality Teacher Incentive Tax Credit: Individuals who are employed by and teach in the public school system of a County of Baltimore City are

allowed a credit of up to $1,500 of the unreimbursed cost of graduate level courses required to maintain certification. The credit cannot exceed the

State liability and may not be refunded.

Long-Term Care Insurance Tax Credit: Individuals are allowed a credit of up to $500 per covered individual for premiums paid during the tax

year for long-term care insurance covering themselves or their spouse, parent, step-parent, child, or step-child. The credit may not be taken for

the same individual by more than one taxpayer, by any taxpayer in a prior year, for an individual who is not a Maryland resident, or for an

individual who was covered by long-term care insurance before July 1, 2000. The credit is subject to certain maximum amounts, cannot exceed

the State tax liability and may not be refunded. This is a one time credit.

Preservation and Conservation Easement Tax Credit: Individuals are allowed a credit against the Maryland income tax of up to $5,000 per

year for the donation of a perpetual easement to the Maryland Environmental Trust or the Maryland Agriculture Land Preservation Foundation.

The credit cannot exceed the State tax liability and may not be refunded, although excess amounts may be carried forward.

Health Enterprise Zone Practitioner Income Tax Credit: Individuals who are licensed or certified under the Maryland Health Occupations

Article, may be eligible to claim a credit against the Maryland income tax for income that was earned for practicing health care in a Health

Enterprise Zone (HEZ). Eligibility for this tax credit is limited to funds budgeted.

Aquaculture Oyster Float Credit: individuals are allowed a credit for 100% of the amounts paid on or after July 1, 2002 for the purchase of a

new aquaculture oyster float that is designed to grow oysters at or under an individual homeowner's pier. The credit cannot exceed $500 or the

State tax liability, whichever is less, and may not be refunded.

Summary Report 2014

Page 5

II. Statewide Tables

Summary Report 2014

Page 6

Federal and Maryland Adjusted Gross IncomeBy County

Maryland

Taxable Federal Adjusted Adjusted

Subdivision Returns Filed Gross Income Returns Amount Returns Amount Gross Income

Allegany 22,291 1,302,335,458$ 4,406 17,373,156$ 12,808 129,849,638$ 1,189,858,976$

Anne Arundel 218,236 21,554,019,507 31,422 201,541,450 139,959 1,661,979,055 20,093,581,902

Baltimore County 331,011 29,695,723,100 46,818 306,804,834 199,030 2,245,323,941 27,757,203,993

Baltimore City 196,386 12,468,966,889 24,387 119,847,370 87,711 859,336,185 11,729,478,074

Calvert 34,461 3,240,691,916 5,059 28,735,070 23,255 257,303,191 3,012,123,795

Caroline 11,236 657,394,303 1,909 10,528,743 6,197 54,172,690 613,750,356

Carroll 66,436 5,994,523,719 10,231 54,949,582 45,296 438,469,603 5,611,003,698

Cecil 35,848 2,642,692,301 4,565 24,854,573 22,261 221,475,522 2,446,071,352

Charles 58,089 4,985,031,364 6,235 32,359,109 37,462 368,135,135 4,649,255,338

Dorchester 11,254 657,220,060 1,981 12,236,830 5,827 70,773,636 598,683,254

Frederick 95,773 8,623,404,179 13,082 79,612,429 62,450 655,961,915 8,047,054,693

Garrett 10,087 621,568,379 1,744 12,474,340 5,998 59,500,326 574,542,393

Harford 96,687 8,354,166,107 14,301 74,431,905 63,906 658,091,244 7,770,506,768

Howard 119,232 15,014,809,304 19,734 138,352,304 81,067 1,053,347,817 14,099,813,791

Kent 7,096 613,029,873 1,572 25,628,880 4,565 73,911,853 564,746,900

Montgomery 413,501 51,928,794,351 58,457 477,255,364 259,788 3,814,196,240 48,591,853,475

Prince George's 354,385 23,437,700,100 26,661 111,605,673 196,304 1,775,326,329 21,773,979,444

Queen Anne's 18,269 1,738,954,904 3,507 35,582,143 12,340 148,430,915 1,626,106,132

St. Mary's 39,898 3,482,549,572 5,292 23,454,579 25,902 278,857,210 3,227,146,941

Somerset 6,136 323,525,185 1,486 6,733,363 3,164 33,417,675 296,840,873

Talbot 14,603 1,537,546,648 3,115 28,789,218 9,326 162,784,894 1,403,550,972

Washington 52,891 3,554,565,480 7,390 38,942,339 30,970 299,110,144 3,294,397,675

Wicomico 33,634 2,063,799,034 6,061 29,227,980 18,026 180,132,577 1,912,894,437

Worcester 20,851 1,524,737,931 3,585 23,747,686 12,549 183,176,953 1,365,308,664

Non-Resident 114,637 84,855,487,804 58,924 5,887,096,651 107,205 84,991,417,092 5,751,167,363

Total 2,382,928 290,873,237,468$ 361,924 7,802,165,571$ 1,473,366 100,674,481,780$ 198,000,921,259$

Modifications

Additions Subtractions

Summary Report 2014

Page 7

Net Taxable IncomeBy County

Maryland

Taxable Adjusted Net Taxable

Subdivision Returns Filed Gross Income Returns Amount Returns Amount Number Amount Income

Allegany 22,291 1,189,858,976$ 15,688 44,384,793$ 6,603 84,476,052$ 49,737 140,156,002$ 920,842,129$

Anne Arundel 218,236 20,093,581,902 98,686 256,894,728 119,550 2,270,182,232 493,115 1,172,167,693 16,394,337,249

Baltimore County 331,011 27,757,203,993 166,276 442,043,111 164,735 3,115,538,930 734,066 1,889,548,732 22,310,073,220

Baltimore City 196,386 11,729,478,074 126,181 331,850,045 70,205 1,148,119,566 390,249 1,098,944,751 9,150,563,712

Calvert 34,461 3,012,123,795 13,813 35,838,230 20,648 383,686,074 81,205 195,572,280 2,397,027,211

Caroline 11,236 613,750,356 7,006 20,042,543 4,230 61,017,793 25,929 74,456,472 458,233,548

Carroll 66,436 5,611,003,698 29,127 75,919,044 37,309 633,315,082 158,646 391,565,680 4,510,203,892

Cecil 35,848 2,446,071,352 19,555 53,579,579 16,293 244,494,508 83,378 226,057,054 1,921,940,211

Charles 58,089 4,649,255,338 24,077 63,046,730 34,012 673,961,727 130,803 336,538,799 3,575,708,082

Dorchester 11,254 598,683,254 7,597 21,388,288 3,657 54,391,912 25,333 71,241,814 451,661,240

Frederick 95,773 8,047,054,693 42,884 111,872,928 52,889 929,838,848 225,103 556,418,684 6,448,924,233

Garrett 10,087 574,542,393 7,026 20,447,823 3,061 44,582,199 23,064 64,518,356 444,994,015

Harford 96,687 7,770,506,768 43,828 115,578,938 52,859 879,690,679 225,868 573,442,596 6,201,794,555

Howard 119,232 14,099,813,791 45,562 116,126,406 73,670 1,550,936,542 292,814 608,237,845 11,824,512,998

Kent 7,096 564,746,900 3,888 10,689,170 3,208 70,859,721 16,373 41,186,321 442,011,688

Montgomery 413,501 48,591,853,475 182,889 464,882,704 230,612 5,207,264,907 958,299 2,051,246,202 40,868,459,662

Prince George's 354,385 21,773,979,444 162,308 428,842,573 192,077 3,656,144,423 751,220 2,066,425,202 15,622,567,246

Queen Anne's 18,269 1,626,106,132 7,874 21,096,006 10,395 199,086,139 43,458 106,205,304 1,299,718,683

St. Mary's 39,898 3,227,146,941 18,420 48,556,113 21,478 361,385,834 92,472 234,080,805 2,583,124,189

Somerset 6,136 296,840,873 4,217 12,305,221 1,919 26,528,945 14,056 40,204,156 217,802,551

Talbot 14,603 1,403,550,972 7,868 21,734,612 6,735 163,690,877 34,686 82,462,914 1,135,662,569

Washington 52,891 3,294,397,675 32,621 90,487,785 20,270 302,047,303 120,219 332,312,409 2,569,550,178

Wicomico 33,634 1,912,894,437 20,994 58,229,128 12,640 179,612,092 75,816 210,510,808 1,464,542,409

Worcester 20,851 1,365,308,664 12,980 35,205,306 7,871 138,662,573 46,358 118,860,994 1,072,579,791

Non-Resident 114,637 5,751,167,363 48,662 54,464,632 65,975 462,918,701 284,534 194,142,812 5,039,641,218

Total 2,382,928 198,000,921,259$ 1,150,027 2,955,506,436$ 1,232,901 22,842,433,659$ 5,376,801 12,876,504,685$ 159,326,476,479$

Deductions

Standard Itemized Exemptions

Summary Report 2014

Page 8

Net State and Local TaxBy County

Taxable Net Taxable Net Net Total State Local

Subdivision Returns Filed Income State Tax* Local Tax** and Local Tax Tax Rate

Allegany 22,291 920,842,129$ 41,376,972$ 27,199,687$ 68,576,659$ 3.05%

Anne Arundel 218,236 16,394,337,249 772,682,253 415,033,036 1,187,715,289 2.56%

Baltimore County 331,011 22,310,073,220 1,038,492,160 616,132,677 1,654,624,837 2.83%

Baltimore City 196,386 9,150,563,712 415,066,628 279,817,671 694,884,299 3.20%

Calvert 34,461 2,397,027,211 111,712,634 66,400,219 178,112,853 2.80%

Caroline 11,236 458,233,548 19,461,770 12,030,657 31,492,427 2.73%

Carroll 66,436 4,510,203,892 212,081,442 135,913,681 347,995,123 3.04%

Cecil 35,848 1,921,940,211 70,525,783 52,627,885 123,153,668 2.80%

Charles 58,089 3,575,708,082 165,625,436 106,724,300 272,349,736 3.03%

Dorchester 11,254 451,661,240 19,514,996 11,187,100 30,702,096 2.62%

Frederick 95,773 6,448,924,233 300,710,387 188,598,932 489,309,319 2.96%

Garrett 10,087 444,994,015 19,505,851 11,464,868 30,970,719 2.65%

Harford 96,687 6,201,794,555 287,445,429 187,446,376 474,891,805 3.06%

Howard 119,232 11,824,512,998 567,710,882 375,386,724 943,097,606 3.20%

Kent 7,096 442,011,688 18,332,447 12,227,592 30,560,039 2.85%

Montgomery 413,501 40,868,459,662 1,920,372,577 1,283,681,651 3,204,054,228 3.20%

Prince George's 354,385 15,622,567,246 705,350,579 485,894,326 1,191,244,905 3.20%

Queen Anne's 18,269 1,299,718,683 59,980,232 41,134,355 101,114,587 3.20%

St. Mary's 39,898 2,583,124,189 120,028,549 76,501,744 196,530,293 3.00%

Somerset 6,136 217,802,551 9,346,867 6,474,655 15,821,522 3.15%

Talbot 14,603 1,135,662,569 52,780,635 26,577,777 79,358,412 2.40%

Washington 52,891 2,569,550,178 117,149,550 70,120,768 187,270,318 2.80%

Wicomico 33,634 1,464,542,409 62,713,044 45,022,445 107,735,489 3.20%

Worcester 20,851 1,072,579,791 47,357,771 13,075,365 60,433,136 1.25%

Non-Resident 114,637 5,039,641,218 326,646,911 - 326,646,911 -

Total 2,382,928 159,326,476,479$ 7,481,971,785$ 4,546,674,491$ 12,028,646,276$

** Gross Local Tax less Local Earned Income,Local Poverty, and Local Out of State Credits; Includes unpaid tax amounts.

* Gross State Tax less Out of State, Business Tax, Earned Income, Poverty, Child Care, Quality Teacher Incentive, Long-Term Insurance, Preservation and Conservation

Easement, Aquaculture Oyster Float, and Health Enterprise Zone Credits; Includes unpaid tax amounts.

Summary Report 2014

Page 9

Federal and Maryland Adjusted Gross IncomeBy Income Class

Maryland

Maryland Adjusted Taxable Federal Adjusted Adjusted

Gross Income Class Returns Filed Gross Income Returns Amount Returns Amount Gross Income

Under $ 5,000 46,217 18,722,364,661$ 20,107 1,200,287,699$ 42,650 19,824,879,813$ 97,772,547$

$ 5,000 - 9,999 56,926 8,497,219,334 10,188 502,649,884 33,133 8,561,752,978 438,116,240

10,000 - 14,999 157,847 7,637,925,097 11,006 507,590,700 40,885 6,156,435,563 1,989,080,234

15,000 - 19,999 161,173 7,317,704,930 10,027 334,513,805 48,273 4,836,284,935 2,815,933,800

20,000 - 24,999 157,720 6,138,825,162 10,532 128,036,828 55,311 2,720,074,325 3,546,787,665

25,000 - 29,999 149,596 6,732,442,510 11,659 186,462,627 58,683 2,810,107,307 4,108,797,830

30,000 - 34,999 137,289 7,018,776,426 12,602 230,198,655 59,326 2,794,913,803 4,454,061,278

35,000 - 39,999 123,175 6,635,508,624 12,658 94,359,208 58,468 2,116,576,917 4,613,290,915

40,000 - 44,999 111,907 6,827,251,202 13,371 143,757,957 57,287 2,219,764,383 4,751,244,776

45,000 - 49,999 101,492 6,572,478,520 13,899 94,463,836 55,535 1,850,690,438 4,816,251,918

50,000 - 59,999 174,058 12,730,359,064 25,757 269,078,798 105,558 3,457,875,021 9,541,562,841

60,000 - 69,999 141,415 11,871,212,964 22,870 270,536,227 97,730 2,973,967,667 9,167,781,524

70,000 - 79,999 120,174 11,311,061,017 19,662 221,102,067 90,854 2,535,072,777 8,997,090,307

80,000 - 89,999 103,575 10,955,624,532 16,330 132,417,310 83,865 2,296,020,236 8,792,021,606

90,000 - 99,999 88,389 10,665,123,037 14,968 137,458,872 75,363 2,419,095,108 8,383,486,801

100,000 - 124,999 166,491 21,821,590,031 34,120 276,372,826 148,325 3,503,600,636 18,594,362,221

125,000 - 149,999 111,381 18,656,741,760 26,333 278,253,403 102,896 3,714,656,996 15,220,338,167

150,000 - 174,999 75,103 14,309,979,982 16,963 169,524,165 70,662 2,338,603,752 12,140,900,395

175,000 - 199,999 50,593 11,058,963,589 11,318 130,832,873 48,049 1,743,011,437 9,446,785,025

200,000 - 249,999 58,503 15,546,167,670 13,531 255,052,043 55,573 2,824,135,732 12,977,083,981

250,000 - 299,999 28,513 10,344,294,865 7,581 243,395,389 27,006 2,824,236,897 7,763,453,357

300,000 - 349,999 15,667 6,300,312,513 4,788 131,006,773 14,703 1,372,141,577 5,059,177,709

350,000 - 399,999 9,785 4,333,420,470 3,357 82,668,276 9,183 763,250,900 3,652,837,846

400,000 - 449,999 6,672 4,049,755,781 2,586 75,482,609 6,229 1,300,427,130 2,824,811,260

450,000 - 499,999 4,835 2,909,984,699 1,956 62,442,961 4,538 681,787,691 2,290,639,969

500,000 & Over 24,432 41,908,149,032 13,755 1,644,219,780 23,281 12,035,117,765 31,517,251,047

Taxable Returns 2,382,928 290,873,237,472 361,924 7,802,165,571 1,473,366 100,674,481,784 198,000,921,259

Non-Taxable Returns 611,541 24,426,336,779 46,974 9,614,832,891 222,130 33,426,370,300 614,799,370

Total - All Returns 2,994,469 315,299,574,251$ 408,898 17,416,998,462$ 1,695,496 134,100,852,084$ 198,615,720,629$

Modifications

Additions Subtractions

Summary Report 2014

Page 10

Net Taxable IncomeBy Income Class

Maryland

Maryland Adjusted Taxable Adjusted Net Taxable

Gross Income Class Returns Filed Gross Income Returns Amount Returns Amount Number Amount Income

Under $ 5,000 46,217 97,772,547$ 25,548 9,311,576$ 20,669 6,413,473$ 97,928 12,571,684$ 69,475,814$

$ 5,000 - 9,999 56,926 438,116,240 48,082 61,666,791 8,844 12,579,290 89,672 140,526,665 223,343,494

10,000 - 14,999 157,847 1,989,080,234 146,117 289,274,924 11,730 55,599,541 225,820 596,645,494 1,047,560,275

15,000 - 19,999 161,173 2,815,933,800 141,722 324,512,505 19,451 148,053,345 282,779 791,464,655 1,551,903,295

20,000 - 24,999 157,720 3,546,787,665 130,723 330,268,485 26,997 258,459,661 302,858 867,009,093 2,091,050,426

25,000 - 29,999 149,596 4,108,797,830 114,621 324,775,930 34,975 387,282,071 300,062 864,340,480 2,532,399,349

30,000 - 34,999 137,289 4,454,061,278 95,480 274,490,346 41,809 507,292,965 282,191 814,716,396 2,857,561,571

35,000 - 39,999 123,175 4,613,290,915 77,783 222,250,957 45,392 584,671,901 255,474 737,868,803 3,068,499,254

40,000 - 44,999 111,907 4,751,244,776 64,373 182,105,120 47,534 638,183,832 231,389 668,167,445 3,262,788,379

45,000 - 49,999 101,492 4,816,251,918 53,174 150,852,920 48,318 670,000,748 210,918 609,715,886 3,385,682,364

50,000 - 59,999 174,058 9,541,562,841 78,730 228,808,890 95,328 1,381,532,764 369,621 1,071,909,922 6,859,311,265

60,000 - 69,999 141,415 9,167,781,524 51,865 157,877,542 89,550 1,369,078,564 315,536 918,534,311 6,722,291,107

70,000 - 79,999 120,174 8,997,090,307 35,885 112,995,780 84,289 1,356,798,358 280,722 817,452,836 6,709,843,333

80,000 - 89,999 103,575 8,792,021,606 25,194 81,584,084 78,381 1,318,524,449 252,472 738,433,054 6,653,480,019

90,000 - 99,999 88,389 8,383,486,801 17,253 57,016,434 71,136 1,238,088,952 224,327 653,547,026 6,434,834,389

100,000 - 124,999 166,491 18,594,362,221 22,492 75,801,721 143,999 2,626,927,672 455,173 1,263,319,788 14,628,313,040

125,000 - 149,999 111,381 15,220,338,167 9,167 31,346,318 102,214 2,040,447,593 328,050 847,763,637 12,300,780,619

150,000 - 174,999 75,103 12,140,900,395 4,421 15,246,842 70,682 1,548,605,755 231,233 314,285,533 10,262,762,265

175,000 - 199,999 50,593 9,446,785,025 2,385 8,309,403 48,208 1,145,849,680 159,461 106,033,959 8,186,591,983

200,000 - 249,999 58,503 12,977,083,981 2,234 7,751,583 56,269 1,464,436,355 186,248 15,914,643 11,488,981,400

250,000 - 299,999 28,513 7,763,453,357 984 3,305,413 27,529 804,891,598 91,650 7,498,464 6,947,757,882

300,000 - 349,999 15,667 5,059,177,709 546 1,835,472 15,121 480,599,353 50,651 4,355,340 4,572,387,544

350,000 - 399,999 9,785 3,652,837,846 321 1,065,021 9,464 324,627,181 32,348 2,886,836 3,324,258,808

400,000 - 449,999 6,672 2,824,811,260 203 667,513 6,469 239,553,492 22,018 2,113,649 2,582,476,606

450,000 - 499,999 4,835 2,290,639,969 133 436,904 4,702 181,837,730 16,164 1,485,069 2,106,880,266

500,000 & Over 24,432 31,517,251,047 591 1,947,962 23,841 2,052,097,336 82,036 7,944,017 29,455,261,732

Taxable Returns 2,382,928 198,000,921,259 1,150,027 2,955,506,436 1,232,901 22,842,433,659 5,376,801 12,876,504,685 159,326,476,479

Non-Taxable Returns 611,541 614,799,370 494,705 871,509,150 116,836 2,982,740,235 1,070,402 2,573,879,533 NONE

Total - All Returns 2,994,469 198,615,720,629$ 1,644,732 3,827,015,586$ 1,349,737 25,825,173,894$ 6,447,203 15,450,384,218$ 159,326,476,479$

Deductions

Standard Itemized Exemptions

Summary Report 2014

Page 11

Net State and Local TaxBy Income Class

Maryland Adjusted Number of Net Taxable Net Net Net State

Gross Income Class Returns Filed Income State Tax* Local Tax** and Local Tax

Under $ 5,000 46,217 69,475,814$ 4,997,327$ 583,288$ 5,580,615$

$ 5,000 - 9,999 56,926 223,343,494 7,751,818 2,708,795 10,460,613

10,000 - 14,999 157,847 1,047,560,275 34,106,429 21,291,657 55,398,086

15,000 - 19,999 161,173 1,551,903,295 55,906,643 35,457,332 91,363,975

20,000 - 24,999 157,720 2,091,050,426 73,901,240 46,879,754 120,780,994

25,000 - 29,999 149,596 2,532,399,349 89,548,819 57,333,419 146,882,238

30,000 - 34,999 137,289 2,857,561,571 108,422,594 70,006,705 178,429,299

35,000 - 39,999 123,175 3,068,499,254 127,618,773 82,176,956 209,795,729

40,000 - 44,999 111,907 3,262,788,379 144,227,523 91,914,627 236,142,150

45,000 - 49,999 101,492 3,385,682,364 153,765,251 97,928,086 251,693,337

50,000 - 59,999 174,058 6,859,311,265 315,581,974 199,965,912 515,547,886

60,000 - 69,999 141,415 6,722,291,107 310,911,174 196,264,137 507,175,311

70,000 - 79,999 120,174 6,709,843,333 311,301,062 195,830,342 507,131,404

80,000 - 89,999 103,575 6,653,480,019 309,121,915 194,691,178 503,813,093

90,000 - 99,999 88,389 6,434,834,389 299,528,837 188,418,672 487,947,509

100,000 - 124,999 166,491 14,628,313,040 682,677,822 429,036,222 1,111,714,044

125,000 - 149,999 111,381 12,300,780,619 576,085,066 361,992,720 938,077,786

150,000 - 174,999 75,103 10,262,762,265 481,779,315 303,399,782 785,179,097

175,000 - 199,999 50,593 8,186,591,983 386,977,617 243,073,368 630,050,985

200,000 - 249,999 58,503 11,488,981,400 550,432,636 341,363,897 891,796,533

250,000 - 299,999 28,513 6,947,757,882 339,012,730 205,188,854 544,201,584

300,000 - 349,999 15,667 4,572,387,544 226,615,535 134,168,805 360,784,340

350,000 - 399,999 9,785 3,324,258,808 166,617,772 97,425,805 264,043,577

400,000 - 449,999 6,672 2,582,476,606 130,765,102 75,328,216 206,093,318

450,000 - 499,999 4,835 2,106,880,266 107,275,315 60,886,631 168,161,946

500,000 & Over 24,432 29,455,261,732 1,487,041,496 813,359,330 2,300,400,826

Taxable Returns 2,382,928 159,326,476,479 7,481,971,785 4,546,674,491 12,028,646,276

Non-Taxable Returns 611,541 NONE NONE NONE NONE

Total - All Returns 2,994,469 159,326,476,479$ 7,481,971,785$ 4,546,674,491$ 12,028,646,276$

** Gross Local Tax less Local Earned Income,Local Poverty, and Local Out of State Credits; Includes unpaid tax amounts.

* Gross State Tax less Out of State, Business Tax, Earned Income, Poverty, Child Care, Quality Teacher Incentive, Long-Term Insurance, Preservation and Conservation

Easement, Aquaculture Oyster Float, and Health Enterprise Zone Credits; Includes unpaid tax amounts.

Summary Report 2014

Page 12

Nontaxable Returns

Federal and Maryland Adjusted Gross IncomeBy County

Maryland

Non-Taxable Federal Adjusted Adjusted

Subdivision Returns Gross Income Returns Amount Returns Amount Gross Income

Allegany 7,463 75,853,610$ 192 359,329$ 2,890 37,412,949$ 38,799,990$

Anne Arundel 44,311 222,905,112 1,740 13,755,699 14,227 263,817,811 (27,157,000)

Baltimore County 76,556 488,623,064 2,845 22,267,337 25,825 316,434,637 194,455,764

Baltimore City 60,005 453,739,864 1,739 7,850,478 15,425 183,133,920 278,456,422

Calvert 7,343 68,945,543 291 1,039,064 2,452 35,999,035 33,985,572

Caroline 3,310 24,356,290 135 522,569 1,043 11,349,113 13,529,746

Carroll 14,614 123,343,498 593 2,521,658 5,056 65,591,571 60,273,585

Cecil 8,859 79,621,107 315 963,141 3,089 42,409,358 38,174,890

Charles 12,649 141,251,266 363 901,102 4,203 68,818,459 73,333,909

Dorchester 3,710 25,834,675 130 500,997 1,168 13,248,142 13,087,530

Frederick 20,542 130,050,973 880 4,461,550 6,336 85,889,707 48,622,816

Garrett 3,238 18,199,535 118 602,557 1,156 12,699,285 6,102,807

Harford 22,103 178,180,271 760 3,042,794 7,525 103,439,217 77,783,848

Howard 23,743 114,593,411 1,062 5,427,071 6,421 91,942,459 28,078,023

Kent 2,023 7,624,555 140 564,530 764 10,603,799 (2,414,714)

Montgomery 87,407 257,230,612 4,141 63,734,585 22,125 335,292,099 (14,326,902)

Prince George's 89,384 1,040,224,781 2,336 7,178,747 26,675 433,859,964 613,543,564

Queen Anne's 4,494 27,413,892 212 977,266 1,534 28,716,399 (325,241)

St. Mary's 8,179 78,921,355 286 1,694,199 2,684 42,339,030 38,276,524

Somerset 2,324 17,324,678 87 227,641 723 8,400,352 9,151,967

Talbot 4,085 8,688,773 227 2,730,673 1,468 20,010,068 (8,590,622)

Washington 14,258 129,328,161 460 1,421,497 4,694 63,650,707 67,098,951

Wicomico 9,905 68,110,202 374 1,222,742 2,763 29,873,751 39,459,193

Worcester 6,309 44,297,628 281 1,140,020 2,385 30,169,969 15,267,679

Non-Resident 74,727 20,601,673,923 27,267 9,469,725,645 59,499 31,091,268,499 (1,019,868,931)

Total 611,541 24,426,336,779$ 46,974 9,614,832,891$ 222,130 33,426,370,300$ 614,799,370$

Modifications

Additions Subtractions

Summary Report 2014

Page 13

Nontaxable Returns

Deductions and ExemptionsBy County

Maryland

Non-Taxable Adjusted Net Taxable

Subdivision Returns Gross Income Returns Amount Returns Amount Number Amount Income

Allegany 7,463 38,799,990$ 6,749 13,948,805$ 714 12,038,657$ 14,722 38,663,471$ NONE

Anne Arundel 44,311 (27,157,000) 35,994 65,896,285 8,317 220,853,672 70,031 187,433,737 NONE

Baltimore County 76,556 194,455,764 62,887 121,180,349 13,669 336,494,402 133,932 361,874,095 NONE

Baltimore City 60,005 278,456,422 51,961 108,205,487 8,044 201,967,658 114,552 340,154,247 NONE

Calvert 7,343 33,985,572 5,890 10,594,166 1,453 36,380,950 11,155 29,226,033 NONE

Caroline 3,310 13,529,746 2,877 5,950,716 433 8,996,312 6,501 17,945,073 NONE

Carroll 14,614 60,273,585 12,143 21,933,065 2,471 78,532,711 22,409 57,140,144 NONE

Cecil 8,859 38,174,890 7,696 15,052,934 1,163 25,996,538 16,096 42,845,341 NONE

Charles 12,649 73,333,909 10,238 19,006,499 2,411 56,377,645 20,920 56,665,381 NONE

Dorchester 3,710 13,087,530 3,213 6,740,422 497 9,502,368 7,502 20,548,427 NONE

Frederick 20,542 48,622,816 17,035 31,014,591 3,507 87,582,286 31,648 83,682,863 NONE

Garrett 3,238 6,102,807 2,874 5,853,475 364 8,860,220 6,005 15,826,420 NONE

Harford 22,103 77,783,848 18,581 34,483,376 3,522 81,383,958 35,091 91,580,062 NONE

Howard 23,743 28,078,023 19,585 34,697,137 4,158 114,630,610 32,917 89,041,492 NONE

Kent 2,023 (2,414,714) 1,610 3,121,717 413 10,445,074 3,906 9,868,184 NONE

Montgomery 87,407 (14,326,902) 72,067 131,172,908 15,340 493,527,321 135,482 375,163,701 NONE

Prince George's 89,384 613,543,564 70,177 133,225,550 19,207 416,740,910 157,528 443,826,411 NONE

Queen Anne's 4,494 (325,241) 3,646 6,790,774 848 26,907,566 7,366 19,216,563 NONE

St. Mary's 8,179 38,276,524 6,858 13,039,654 1,321 30,829,958 14,150 38,068,458 NONE

Somerset 2,324 9,151,967 2,026 4,339,938 298 4,640,784 4,848 13,396,787 NONE

Talbot 4,085 (8,590,622) 3,077 5,989,381 1,008 25,032,934 7,550 20,061,087 NONE

Washington 14,258 67,098,951 12,532 25,034,641 1,726 39,634,773 26,249 70,255,251 NONE

Wicomico 9,905 39,459,193 8,638 17,507,043 1,267 27,276,387 18,320 50,614,137 NONE

Worcester 6,309 15,267,679 5,166 10,192,077 1,143 26,689,285 11,824 30,439,658 NONE

Non-Resident 74,727 (1,019,868,931) 51,185 26,538,160 23,542 601,417,256 159,698 70,342,510 NONE

Total 611,541 614,799,370$ 494,705 871,509,150$ 116,836 2,982,740,235$ 1,070,402 2,573,879,533$ NONE

Deductions

Standard Itemized Exemptions

Summary Report 2014

Page 14

Summary of RefundsBy County

Number of Number Number of

Subdivision Returns Filed of Returns Amount Returns Amount

Allegany 29,754 23,787 20,682,953$ 4,161 2,262,357$

Anne Arundel 262,547 199,725 229,857,909 19,329 10,412,538

Baltimore County 407,567 313,824 396,004,001 42,202 24,279,840

Baltimore City 256,391 199,635 198,557,688 54,278 33,999,267

Calvert 41,804 32,050 35,103,841 2,998 1,610,648

Caroline 14,546 11,205 10,492,884 2,304 1,299,069

Carroll 81,050 61,868 61,784,085 4,607 2,255,251

Cecil 44,707 31,477 29,969,216 4,764 2,663,956

Charles 70,738 54,960 61,533,953 6,636 3,702,015

Dorchester 14,964 11,791 11,395,700 2,895 1,601,213

Frederick 116,315 87,925 92,896,351 8,137 4,172,003

Garrett 13,325 10,309 9,308,070 1,595 827,211

Harford 118,790 92,248 96,895,669 9,255 5,131,778

Howard 142,975 101,138 132,375,615 8,976 4,901,724

Kent 9,119 6,252 7,904,281 974 520,431

Montgomery 500,908 338,905 510,507,271 40,559 22,786,804

Prince George's 443,769 336,926 363,480,187 53,434 31,233,389

Queen Anne's 22,763 16,460 18,959,851 1,686 900,804

St. Mary's 48,077 37,012 38,135,283 4,355 2,529,732

Somerset 8,460 6,549 6,051,585 1,746 982,668

Talbot 18,688 12,987 17,257,574 1,748 933,056

Washington 67,149 53,368 49,048,004 8,312 4,704,039

Wicomico 43,539 33,271 30,755,101 7,630 4,300,046

Worcester 27,160 19,648 18,728,748 3,080 1,615,396

Non-Resident 189,364 132,095 219,945,255 7,006 2,251,542

Total 2,994,469 2,225,415 2,667,631,075$ 302,667 171,876,777$

Refunds Due * Refundable Earned Income Credit

* These columns represent personal income tax returns filed for tax year 2014 that were due a refund before any monies were credited to tax year 2015 estimated accounts

($350,374,371), intercepted for outstanding state liabilities ($102,720,753) or intercepted for other States/Federal liabilities ($21,079,231) and included amounts refunded to

individuals as Refundable Earned Income Credits.

Summary Report 2014

Page 15

Summary of RefundsBy Income Class

Maryland Adjusted Taxable Number Number of

Gross Income Returns Filed of Returns Amount Returns Amount

Under $ 5,000 46,217 29,849 10,441,889$ 1,865 241,521$

$ 5,000 - 9,999 56,926 40,234 20,097,562 8,896 3,140,273

10,000 - 14,999 157,847 117,718 74,535,896 29,294 25,709,342

15,000 - 19,999 161,173 122,407 96,682,990 41,224 33,074,402

20,000 - 24,999 157,720 121,407 103,389,731 35,992 20,002,017

25,000 - 29,999 149,596 116,881 107,290,011 20,947 8,888,724

30,000 - 34,999 137,289 108,094 99,585,555 8,456 2,631,710

35,000 - 39,999 123,175 96,026 85,752,758 2,431 557,931

40,000 - 44,999 111,907 86,554 75,539,448 870 101,367

45,000 - 49,999 101,492 78,211 69,304,089 - -

50,000 - 59,999 174,058 134,866 128,113,568 - -

60,000 - 69,999 141,415 109,664 116,659,093 - -

70,000 - 79,999 120,174 93,722 109,332,660 - -

80,000 - 89,999 103,575 80,950 101,833,987 - -

90,000 - 99,999 88,389 68,914 91,895,454 - -

100,000 - 124,999 166,491 127,382 183,426,863 - -

125,000 - 149,999 111,381 83,618 133,762,541 - -

150,000 - 174,999 75,103 52,082 85,143,578 - -

175,000 - 199,999 50,593 33,101 58,576,289 - -

200,000 - 249,999 58,503 35,608 73,309,312 - -

250,000 - 299,999 28,513 16,536 45,214,907 - -

300,000 - 349,999 15,667 8,917 31,741,312 - -

350,000 - 399,999 9,785 5,445 23,783,222 - -

400,000 - 449,999 6,672 3,706 20,419,327 - -

450,000 - 499,999 4,835 2,673 16,389,548 - -

500,000 & Over 24,432 14,819 351,914,770 - -

Taxable Returns 2,382,928 1,789,384 2,314,136,360 149,975 94,347,287

Non-Taxable Returns 611,541 436,031 353,494,715 152,692 77,529,490

Total - All Returns 2,994,469 2,225,415 2,667,631,075$ 302,667 171,876,777$

Refunds Due * Refundable Earned Income Credit

* These columns represent personal income tax returns filed for tax year 2014 that were due a refund before any monies were credited to tax year 2015 estimated accounts

($350,374,371), intercepted for outstanding state liabilities ($102,720,753) or intercepted for other States/Federal liabilities ($21,079,231) and included amounts refunded to

individuals as Refundable Earned Income Credits.

Summary Report 2014

Page 16

Selected tax CreditsBy County

Gross State

Subdivision IncomeTax Returns Amount Returns Amount Returns Amount Returns Amount

Allegany 43,271,647$ 286 545,670$ 106 10,019$ 39 38,450$ 18 7,755$

Anne Arundel 796,676,868 3,673 15,729,248 1,881 283,545 729 725,868 430 226,054

Baltimore County 1,096,235,735 4,951 40,606,421 4,104 614,422 1,006 1,025,503 517 257,429

Baltimore City 441,852,827 2,293 9,185,413 3,568 557,338 671 759,289 272 110,257

Calvert 114,303,823 490 1,372,953 193 29,501 100 91,832 58 32,226

Caroline 21,431,654 835 1,142,061 107 14,083 32 30,534 12 6,064

Carroll 215,671,497 909 1,626,042 307 43,134 223 191,009 111 69,861

Cecil 90,851,449 8,088 18,495,593 191 27,528 74 83,498 53 25,860

Charles 170,663,392 520 2,352,821 684 99,377 201 208,055 104 54,410

Dorchester 21,312,431 408 827,640 104 13,251 30 22,687 11 6,793

Frederick 308,811,895 1,537 4,691,157 582 78,706 348 301,459 177 97,741

Garrett 20,993,892 255 615,193 37 2,826 16 17,999 8 3,246

Harford 296,152,580 1,867 4,893,474 668 88,118 393 396,921 148 77,354

Howard 583,277,667 2,579 11,916,461 682 93,745 379 381,607 320 183,556

Kent 21,666,030 697 2,948,862 49 5,860 21 15,000 8 4,272

Montgomery 2,048,236,956 14,145 112,994,961 2,736 411,517 707 629,302 973 595,740

Prince George's 731,081,650 2,829 5,054,761 6,314 986,378 671 746,749 530 245,265

Queen Anne's 62,965,829 740 2,249,438 133 18,808 69 69,413 36 22,615

St. Mary's 122,507,278 423 846,339 273 38,306 122 106,082 82 46,933

Somerset 10,133,060 199 207,250 50 7,210 8 9,267 5 2,808

Talbot 56,712,344 525 2,948,298 126 19,527 44 38,352 33 20,098

Washington 121,781,798 796 1,632,087 422 51,101 90 86,431 54 26,747

Wicomico 69,228,274 2,409 3,901,883 314 44,322 70 65,974 46 24,412

Worcester 51,769,069 1,545 3,331,274 127 18,547 38 39,748 31 14,755

Non-Resident 328,951,301 11 6,002 578 63,643 89 65,929 27 9,671

Total 7,846,540,946$ 53,010 250,121,302$ 24,336 3,620,812$ 6,170 6,146,958$ 4,064 2,171,922$

Long-Term Care

Insurance Credit

Income Tax Paid

To Other States

Child and

Dependent Care Credit

Quality Teacher

Incentive Credit

Summary Report 2014

Page 17

Selected Tax Credits (continued)By County

Net State

Subdivision Returns Amount Returns Amount Returns Amount Income Tax

Allegany 26 34,277$ 3,436 1,197,168$ 422 61,336$ 41,376,972$

Anne Arundel 157 233,609 18,441 6,291,712 3,430 504,579 772,682,253

Baltimore County 241 806,655 40,052 13,660,402 5,365 772,743 1,038,492,160

Baltimore City 138 199,197 46,777 15,327,115 4,673 647,590 415,066,628

Calvert 29 21,684 2,785 984,912 412 58,081 111,712,634

Caroline 17 17,193 1,984 722,619 250 37,330 19,461,770

Carroll 44 60,867 4,307 1,470,233 866 128,909 212,081,442

Cecil 8 6,311 4,332 1,585,302 662 101,574 70,525,783

Charles 24 42,981 6,199 2,141,062 923 139,250 165,625,436

Dorchester 18 45,785 2,403 841,079 282 40,200 19,514,996

Frederick 33 90,314 7,691 2,623,226 1,517 218,905 300,710,387

Garrett 14 312,418 1,410 510,144 193 26,215 19,505,851

Harford 53 149,063 8,660 2,912,296 1,274 189,925 287,445,429

Howard 56 100,035 8,072 2,670,143 1,534 221,238 567,710,882

Kent 28 56,160 821 288,263 114 15,166 18,332,447

Montgomery 130 176,152 37,614 11,986,782 7,909 1,069,925 1,920,372,577

Prince George's 101 64,617 51,919 17,218,918 9,661 1,414,383 705,350,579

Queen Anne's 38 75,413 1,490 506,711 289 43,199 59,980,232

St. Mary's 89 72,244 3,810 1,270,926 620 97,899 120,028,549

Somerset 12 27,556 1,400 510,991 146 21,111 9,346,867

Talbot 37 295,439 1,635 568,745 290 41,250 52,780,635

Washington 13 19,170 7,528 2,686,446 950 130,266 117,149,550

Wicomico 17 25,583 6,668 2,320,236 914 132,820 62,713,044

Worcester 17 51,236 2,718 893,612 458 62,126 47,357,771

Non-Resident 47 205,648 7,440 1,762,410 1,485 191,087 326,646,911

Total 1,387 3,189,607$ 279,592 92,951,453$ 44,639 6,367,107$ 7,481,971,785$

Other Maryland

Tax Credits Earned Income Credit Poverty Level Credit

For an explanation of Maryland Tax Credit - please refer to pages 4 and 5. Other Maryland Credits include: Preservations and Conservation Easements, Aquaculture Oyster Floats, Health

Enterprise Zone, and Business Tax Credits claimed on Maryland Forms 502CR and 500CR.

Summary Report 2014

Page 18

Selected Tax CreditsBy Income Class

Maryland Adjusted Gross State

Gross Income Class Income Tax Returns Amount Returns Amount Returns Amount Returns Amount

Under $ 5,000 5,259,356$ 195 13,472$ 184 7,677$ 21 2,359$ 9 489$

$ 5,000 - 9,999 9,763,037 364 57,928 159 15,785 7 1,947 12 1,685

10,000 - 14,999 43,644,808 1,434 245,354 214 23,082 33 10,002 41 8,996

15,000 - 19,999 67,088,345 1,606 420,274 486 62,775 66 33,469 86 28,709

20,000 - 24,999 92,683,309 1,511 540,216 557 95,742 82 48,532 130 42,912

25,000 - 29,999 114,033,646 1,589 702,366 3,260 550,010 68 51,769 140 49,822

30,000 - 34,999 130,066,204 1,517 817,171 5,745 1,170,540 71 57,760 163 62,483

35,000 - 39,999 140,750,064 1,491 900,052 6,394 1,157,703 138 134,721 186 73,822

40,000 - 44,999 150,585,958 1,480 1,017,469 5,397 474,547 361 359,875 157 65,362

45,000 - 49,999 156,804,632 1,482 1,179,684 1,940 62,951 554 590,919 166 69,972

50,000 - 59,999 319,189,804 2,640 2,417,290 - - 816 881,227 293 127,169

60,000 - 69,999 314,301,311 2,495 2,602,499 - - 537 572,878 277 138,610

70,000 - 79,999 314,690,423 2,281 2,748,556 - - 429 458,244 230 118,587

80,000 - 89,999 312,469,988 2,180 2,736,417 - - 451 431,418 215 116,898

90,000 - 99,999 302,867,737 1,955 2,791,935 - - 378 405,796 180 89,136

100,000 - 124,999 690,374,324 4,165 6,387,995 - - 857 913,909 394 226,491

125,000 - 149,999 582,596,876 3,246 5,707,042 - - 550 513,114 287 172,889

150,000 - 174,999 487,462,307 2,560 5,112,362 - - 321 297,744 264 171,373

175,000 - 199,999 391,290,265 1,945 3,922,706 - - 178 148,257 190 125,792

200,000 - 249,999 557,740,099 2,830 6,786,719 - - 167 153,324 248 181,185

250,000 - 299,999 345,277,588 2,052 5,982,892 - - 44 38,257 138 105,798

300,000 - 349,999 232,313,690 1,547 5,529,262 - - 19 18,168 70 53,853

350,000 - 399,999 171,873,877 1,207 5,122,200 - - * 7,854 51 36,059

400,000 - 449,999 135,658,954 1,003 4,749,466 - - * 4,200 30 22,431

450,000 - 499,999 112,093,410 809 4,733,209 - - - - 22 16,500

500,000 & Over 1,665,660,934 7,426 176,896,766 - - 11 11,215 85 64,899

Taxable Returns 7,846,540,946 53,010 250,121,302 24,336 3,620,812 6,170 6,146,958 4,064 2,171,922

Non-Taxable Returns NONE NONE NONE NONE NONE NONE NONE NONE NONE

Total - All Returns 7,846,540,946$ 53,010 250,121,302$ 24,336 3,620,812$ 6,170 6,146,958$ 4,064 2,171,922$

* Data for certain income classes cannot be shown due to disclosure rules

Long-Term Care

Insurance Credit

Income Tax Paid

To Other States

Child and

Dependent Care Credit

Quality Teacher

Incentive Credit

Summary Report 2014

Page 19

Selected Tax Credits (continued)By Income Class

Maryland Adjusted Net State

Gross Income Class Returns Amount Returns Amount Returns Amount Income Tax

Under $ 5,000 - -$ 3,827 191,718$ 1,318 46,314$ 4,997,327$

$ 5,000 - 9,999 4 439 14,062 1,068,840 9,644 864,595 7,751,818

10,000 - 14,999 12 3,349 59,704 5,333,755 24,672 3,913,841 34,106,429

15,000 - 19,999 21 7,534 42,912 9,945,617 4,497 683,324 55,906,643

20,000 - 24,999 19 6,348 43,059 17,570,897 2,680 477,422 73,901,240

25,000 - 29,999 31 15,052 41,323 22,877,841 1,086 237,967 89,548,819

30,000 - 34,999 29 13,092 36,057 19,426,054 388 96,510 108,422,594

35,000 - 39,999 51 20,849 23,457 10,817,336 115 26,808 127,618,773

40,000 - 44,999 39 24,416 10,672 4,410,008 36 6,758 144,227,523

45,000 - 49,999 35 21,034 3,830 1,112,300 27 6,308 153,761,464

50,000 - 59,999 64 43,412 689 197,087 176 7,260 315,516,359

60,000 - 69,999 64 48,285 - - - - 310,939,039

70,000 - 79,999 55 54,676 - - - - 311,310,360

80,000 - 89,999 51 59,956 - - - - 309,125,299

90,000 - 99,999 55 44,522 - - - - 299,536,348

100,000 - 124,999 118 163,526 - - - - 682,682,403

125,000 - 149,999 87 114,768 - - - - 576,089,063

150,000 - 174,999 67 100,311 - - - - 481,780,517

175,000 - 199,999 60 115,796 - - - - 386,977,714

200,000 - 249,999 90 174,827 - - - - 550,444,044

250,000 - 299,999 68 137,886 - - - - 339,012,755

300,000 - 349,999 54 96,871 - - - - 226,615,536

350,000 - 399,999 39 89,970 - - - - 166,617,794

400,000 - 449,999 34 117,755 - - - - 130,765,102

450,000 - 499,999 23 68,386 - - - - 107,275,315

500,000 & Over 217 1,646,547 - - - - 1,487,041,507

Taxable Returns 1,387 3,189,607 279,592 92,951,453 44,639 6,367,107 7,481,971,785

Non-Taxable Returns NONE NONE NONE NONE NONE NONE NONE

Total - All Returns 1,387 3,189,607$ 279,592 92,951,453$ 44,639 6,367,107$ 7,481,971,785$

Other Maryland

Tax Credits Earned Income Credit Poverty Level Credit

For an explanation of Maryland Tax Credit - please refer to pages 4 and 5. Other Maryland Credits include: Preservations and Conservation Easements, Aquaculture Oyster Floats, Health

Enterprise Zone, and Business Tax Credits claimed on Maryland Forms 502CR and 500CR.

Summary Report 2014

Page 20

Resident Tax Returns

2008 - 2014

Percent

Change

Subdivision 2008 2009 2010 2011 2012 2013 2014 2008 - 2014

Allegany 30,594 29,937 29,847 29,603 29,359 29,608 29,754 -2.75%

Anne Arundel 245,052 241,103 244,981 249,534 253,410 259,267 262,547 7.14%

Baltimore County 387,127 377,405 381,767 388,413 395,057 403,032 407,567 5.28%

Baltimore City 254,406 247,744 249,428 251,417 248,788 253,465 256,391 0.78%

Calvert 40,599 39,867 40,384 40,875 41,282 41,453 41,804 2.97%

Caroline 14,490 14,016 14,094 14,005 14,185 14,404 14,546 0.39%

Carroll 77,746 76,324 77,051 78,138 79,005 80,063 81,050 4.25%

Cecil 43,383 42,413 43,036 43,498 43,795 44,313 44,707 3.05%

Charles 65,020 63,890 65,389 66,533 67,751 69,321 70,738 8.79%

Dorchester 15,036 14,706 14,881 14,742 14,813 14,857 14,964 -0.48%

Frederick 107,795 106,263 107,807 110,096 112,087 114,838 116,315 7.90%

Garrett 13,100 12,921 13,082 13,212 13,303 13,282 13,325 1.72%

Harford 113,884 111,763 113,677 115,957 117,199 118,072 118,790 4.31%

Howard 128,121 127,500 130,745 133,728 136,885 140,478 142,975 11.59%

Kent 8,936 8,716 8,691 8,767 8,862 8,957 9,119 2.05%

Montgomery 459,443 455,508 463,677 471,145 479,441 493,399 500,908 9.03%

Prince George's 396,681 390,065 397,720 405,333 413,791 437,092 443,769 11.87%

Queen Anne's 21,782 21,449 21,808 22,206 22,190 22,558 22,763 4.50%

St. Mary's 44,745 44,458 45,267 46,336 46,867 47,487 48,077 7.45%

Somerset 8,765 8,573 8,633 8,449 8,386 8,419 8,460 -3.48%

Talbot 17,967 17,766 17,881 17,991 18,215 18,314 18,688 4.01%

Washington 66,565 64,864 65,468 66,018 66,198 66,935 67,149 0.88%

Wicomico 42,290 41,411 41,856 42,236 42,467 43,291 43,539 2.95%

Worcester 26,551 26,013 26,246 26,462 26,742 27,011 27,160 2.29%

Total 2,630,078 2,584,675 2,623,416 2,664,694 2,700,078 2,769,916 2,805,105 6.65%

Summary Report 2014

Page 21

Non-Resident Return Statistics

Maryland Adjusted Number of Net Net Average

Gross Income Returns Filed Taxable Income State Tax State Tax

Non-Taxable Returns 74,727 NONE NONE NONE

Under $ 5,000 34,161 48,514,907$ 4,467,849$ 130.79$

$ 5,000 - 9,999 14,717 80,874,312 4,607,079 313.04

10,000 - 14,999 10,622 96,710,203 5,455,480 513.60

15,000 - 19,999 7,584 99,518,526 5,703,877 752.09

20,000 - 24,999 5,920 99,924,026 5,656,327 955.46

25,000 - 29,999 4,891 102,920,716 5,863,150 1,198.76

30,000 - 34,999 4,004 101,247,505 5,907,437 1,475.38

35,000 - 39,999 3,330 98,542,170 5,826,132 1,749.59

40,000 - 44,999 3,063 103,749,255 6,209,000 2,027.10

45,000 - 49,999 2,498 95,045,576 5,717,254 2,288.73

50,000 - 59,999 4,127 184,524,728 11,171,634 2,706.96

60,000 - 69,999 3,204 171,934,386 10,472,499 3,268.57

70,000 - 79,999 2,614 164,176,634 10,046,149 3,843.21

80,000 - 89,999 2,026 145,035,909 8,875,693 4,380.89

90,000 - 99,999 1,701 136,326,852 8,375,931 4,924.12

100,000 - 124,999 2,868 275,327,645 17,045,561 5,943.36

125,000 - 149,999 1,679 202,296,805 12,701,167 7,564.72

150,000 - 174,999 1,018 147,379,875 9,364,817 9,199.23

175,000 - 199,999 677 113,944,886 7,301,589 10,785.21

200,000 - 249,999 892 179,481,095 11,668,643 13,081.44

250,000 - 299,999 619 153,592,970 10,104,575 16,324.03

300,000 - 349,999 446 133,671,454 8,907,007 19,970.87

350,000 - 399,999 287 98,879,650 6,602,821 23,006.34

400,000 - 449,999 220 86,226,033 5,779,529 26,270.59

450,000 - 499,999 194 85,495,116 5,797,639 29,884.74

500,000 & Over 1,275 1,834,299,984 127,018,072 99,622.02

Totals 189,364 5,039,641,218$ 326,646,911$ 1,724.97$

Summary Report 2014

Page 22

III. Local Tables

Summary Report 2014

Page 23

Maryland Adjusted Number Net Net 3.05% Total State Average Tax

Gross Income Returns Filed Taxable Income State Tax Local Tax & Local Tax State & Local

Non-Taxable Returns 7,463 NONE NONE NONE NONE NONE

Under $ 5,000 144 266,200$ 6,673$ 7,524$ 14,197$ 98.59$

$ 5,000 - 9,999 549 1,812,379 43,758 39,596 83,354 151.83

10,000 - 14,999 2,025 13,397,483 415,105 315,295 730,400 360.69

15,000 - 19,999 2,307 22,800,549 835,308 597,775 1,433,083 621.19

20,000 - 24,999 2,193 29,973,482 1,075,010 746,482 1,821,492 830.59

25,000 - 29,999 1,784 30,949,421 1,123,578 771,948 1,895,526 1,062.51

30,000 - 34,999 1,424 30,959,317 1,170,609 801,884 1,972,493 1,385.18

35,000 - 39,999 1,245 32,570,070 1,294,411 879,776 2,174,187 1,746.33

40,000 - 44,999 1,161 35,369,559 1,515,531 1,019,120 2,534,651 2,183.16

45,000 - 49,999 1,026 35,965,348 1,619,504 1,081,814 2,701,318 2,632.86

50,000 - 59,999 1,795 74,608,292 3,430,189 2,273,478 5,703,667 3,177.53

60,000 - 69,999 1,460 73,165,012 3,381,700 2,229,892 5,611,592 3,843.56

70,000 - 79,999 1,214 71,011,847 3,293,982 2,165,925 5,459,907 4,497.45

80,000 - 89,999 918 62,563,210 2,904,448 1,907,793 4,812,241 5,242.09

90,000 - 99,999 717 54,558,736 2,538,307 1,664,042 4,202,349 5,861.02

100,000 - 124,999 1,103 100,540,626 4,676,554 3,066,472 7,743,026 7,019.97

125,000 - 149,999 524 59,929,770 2,799,127 1,827,858 4,626,985 8,830.12

150,000 - 174,999 222 31,335,543 1,449,872 955,734 2,405,606 10,836.06

175,000 - 199,999 116 19,571,968 922,889 596,945 1,519,834 13,102.02

200,000 - 249,999 114 22,987,913 1,092,589 701,131 1,793,720 15,734.39

250,000 - 299,999 60 15,366,735 710,115 468,248 1,178,363 19,639.38

300,000 - 349,999 45 13,186,428 613,453 402,186 1,015,639 22,569.76

350,000 - 399,999 31 10,819,099 541,260 329,983 871,243 28,104.61

400,000 - 449,999 26 10,119,734 517,828 308,652 826,480 31,787.69

450,000 - 499,999 17 7,677,666 374,267 234,169 608,436 35,790.35

500,000 & Over 71 59,335,742 3,030,905