The Tax rate calculation in Maryland?


My wife and I live in Maryland and when I run the planner your tax calculations in MD seem to come up short. I am wondering if you are accounting for the local county taxes which can add up to 3% plus to the calculation.
J. Banks


dan royer's picture

No we only account for federal and state taxes.

You could just consider that 3% part of your discretionary spending, or you could enter a series of payments as special expenditures.

Sorry, there would just be far too many local taxes to track across the country, let alone keep up with their changes. :)



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