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For proper Maryland tax withholding, the Maryland Annual Standard Deduction amount of 15 percent times Annual Wages (Minimum of $1500/Maximum of $2000) must be entered in the next to last field in each employee's record. In addition, add your county tax percentage to the state tax table percentage as explained below.
County taxes are included with the State of Maryland tax payment instead of making the payment directly to the county. You can accomplish the correct withholding by adding your county tax rate to the TKT Payroll Maryland State Tax Table rates. The total employee deduction for county plus state tax will show as a state tax deduction amount in payroll records and pay stubs. Access the website link shown below:
http://business.marylandtaxes.com/taxinfo/withholding/2012regtables.asp
Make a note of the rate for your county tax. For example, if your county is Allegany, then the county tax rate is .0305.
Access the TKT Payroll Maryland Tax Table by clicking "Utilities" on the TKT Payroll Main Menu bar, highlighting "Withholding Rates" and clicking "State Annual Rates". Next, click the down arrow to select the state of Maryland. The MD State Annual Tax Rates window will appear. If your county is Allegany, enter .0305 in the box in the upper left corner to the right of MD County Tax Rate. Then, click the “Calculate” button.
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