Maryland (MD) – 2022


Minimum WageMarylandFederal
Minimum Wage$12.50$7.25
Minimum Cash Wage (Tipped Employee)$3.63
Maximum Tip Credit$8.87
Youth Minimum Wage$10.63
State Income TaxMarylandFederal
Wage WithholdingTables
Supplemental Wage / Bonus RateMD residents = 5.75% plus County W/H rate
Unemployment InsuranceMarylandFederal
Maximum 2021 Taxable Earnings (Unchanged from 2020)$8,500
Employee 2021 DeductionNone
Employer 2021 Tax Rates2.20 – 13.5%
Standard 2021 New Employer Rate2.60%
Voluntary Contribution PermittedNo

Federal (FED) – 2022

Minimum WageFederal
Minimum Wage$7.25
Medicare Rate1.45%
Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match)2.35%
Maximum Taxable EarningsNo Limit
Maximum Taxable Earnings (Increased from $142,800 in 2021)$147,000
Employee / Employer Tax Rate (Unchanged from 2019)6.20%
Health Savings AccountsFederal
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2021)$1,000
Pension PlansFederal
Catch-up Contribution Limit – 401(k) & 403(b) plans (age 50 or older) (Increase from 6,000 in 2019)$6,500
Contribution Limit – 401(k) & 403(b) plans (Increased from $19,500 in 2021)$20,500

Maryland State Resources

Need a Tax Form?

You can download some of the most common tax related forms here.