1031 Exchanges in Maryland

Everything you need to know about buying and selling Maryland real estate while minimizing your taxable gain.

Maryland Capital Gains Tax Rates

The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).

State Rate
Local Rate
Combined Rate

Maryland Income Tax Rates

The standard deduction is 15% of income with a minimum of $1,500 and a cap of $2,300 for single filers, married filing separately filers and dependent filers. The standard deduction is a minimum of $3,000 and capped at $4,600 for married filing jointly filers, head of households filers and qualifying widowers. The exemption amount has the following phase out schedule: If AGI is above $100,000 but below $150,000 for single filers, and above $150,000 but below $200,000 for married couples, the $3,200 exemption begins to be phased out; if AGI is above $150,000 for single filers and above $200,000 for married filers, the exemption is phased out entirely.

Find a Qualified Intermediary

Work with a qualified intermediary to qualify for a tax deferred real estate exchange. Find a local Maryland intermediary or exchange facilitator below.

West Patrick Exchange Corp.

31 West Patrick Street, Suite 130, Frederick MD 21701