islandtaxman
Level 2
02-20-2023
08:23 AM
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I am trying to compute estimates for my client for 2023 for Maryland. They enacted a new law in 2022 increasing the pension exclusion and reduction for soc sec benefits. While the law states the exclusion increases to $55,000 it also has an inflation provision. I have no clue how to compute the exclusion for estimated taxes for my clients 2023.
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