Updated August 7, 2026. Quick answer: every figure Clear Money Guide holds about Maryland, on one page, each one copied from a dataset that cites its own statute or agency. Built for reporters on deadline — take any line, follow the link for the source.
What stands out about Maryland
These are the figures where Maryland differs most from the rest of the country — selected by counting how many jurisdictions share each value, not by editorial preference.
- Formation fee: $100 standard (6-8 weeks); $150 expedited; $425 same-day online / $525 same-day paper — the only jurisdiction of the 48 we have data for
- Return deadline: 45 days — one of only 3 of 51
- Salary history ban: yes — one of only 9 of 49
- Grace period days: 30 days, or at the insurer’s option one month of not less than 30 days — one of only 10 of 47
What dying costs here
- Small estate limit: 50000
- Small estate scope: unstated
- State estate tax exemption: 5000000
Source and full detail: the cost-of-dying index. Figures copied from those pages, which own them.
Estate and property law status
- Authorized: yes
- Statute or act: Md. Code, State Gov’t 18-214 (Notary Public Modernization Act, SB 678 of 2019)
- Effective date: 2020-10-01
- Conditions: Notary must notify the SOS of the communication technology before the first remote act. Identity via personal knowledge, credentialed witness under oath, or remote credential analysis plus identity proofing. AV recording retained at least 10 years. For signers abroad the record must relate to a U…
- Association name: Maryland Life and Health Insurance Guaranty Corporation — note ‘Corporation’, not ‘Association’
- Death benefit limit: $300,000
- Cash surrender limit: $100,000
- Annuity limit: $250,000
- Aggregate limit: $300,000
- Statute citation: Md. Code Ann., Ins. § 9-407 (Maryland Life and Health Insurance Guaranty Corporation Act)
- Grace period days: 30 days, or at the insurer’s option one month of not less than 30 days
- Trigger: the due date of any premium after the first
- Coverage during grace: the policy continues in full force during the grace period; if a claim arises under the policy during the grace period, the amount of any premium due or overdue may be deducted from the policy proceeds
- Variations: 4 weeks for a policy of industrial life insurance with premiums payable more frequently than monthly (§ 16-202(a)(2)(iii)). Annuity and pure endowment contracts: a grace period of not less than 30 days (§ 16-402(a)).
Source and full detail: notary rules by state · guaranty association limits · life insurance free-look periods · life insurance grace periods. Figures copied from those pages, which own them.
Working and earning here
- Quit deadline: On or before the day the employee would have been paid had employment not ended (the next regular payday)
- Fired deadline: On or before the day the employee would have been paid had employment not ended (the next regular payday)
- Statute citation: Md. Code, Lab. & Empl. 3-505, 3-507.2
- Has law: Yes
- Disclosure trigger: in the job posting
- Employer threshold: no threshold – all employers
- Covers remote roles: yes
- Effective date: 2024-10-01
- Salary history ban: yes
- Local ordinances: none identified
- Wage replacement: 90% of average weekly wage up to 65% of the State average weekly wage, then 50% of the portion above that; minimum $50/week, maximum $1,000/week through 2028
- Max weeks family: 12 weeks per application year, with a conditional additional 12 weeks
- Funding: both employer and employee; total rate capped at 1.2% of wages up to the Social Security wage base, split 50/50, beginning January 1, 2027
- Mandatory: mandatory
- Authority: statute
- Contested: no
Source and full detail: final paycheck laws by state · pay transparency laws by state · paid family leave by state · the convenience-of-the-employer rule. Figures copied from those pages, which own them.
Renting here
- Deposit cap: 1 month’s rent
- Return deadline: 45 days
- Interest required: yes
- Statute citation: Md. Code, Real Property 8-203
Source and full detail: security deposit law by state. Figures copied from those pages, which own them.
Starting a business here
- Formation fee: $100 standard (6-8 weeks); $150 expedited; $425 same-day online / $525 same-day paper
- Annual report: $300
- Franchise tax: none found in the sources searched; the $300 annual report is the de facto equivalent
- Publication requirement: none identified
- Expedite options: $150 total expedited (7-14 business days); same-day $425 online / $525 paper
- Statute citation: Md. Code, Corporations and Associations § 1-203 (fees), § 1-203.2 (expedited processing)
- Five year total: at least $1,600
Source and full detail: LLC cost by state. Figures copied from those pages, which own them.
Tax treatment here
- Has law: Yes
- Treatment: ordinary income
- Rate: top marginal 6.50%, plus a 2% surtax on net capital gain above the income threshold
- Preferential mechanism: none
- Tax year: 2026
- Statute citation: Md. Code, Tax-General § 10-105(a)
Source and full detail: capital gains tax by state. Figures copied from those pages, which own them.
For journalists: how to cite this
Clear Money Guide, Maryland Money Statistics 2026. https://clearmoneyguide.com/state-money-statistics/maryland/. Every figure on this page is copied from a Clear Money Guide dataset that states its own primary source and the date it was read — follow the section links for the statute or agency behind any number. Free to reuse with attribution under CC BY 4.0.
What this sheet does and does not contain
This sheet aggregates; it does not research. Every figure is copied from the owning page linked in each section, and a figure we do not own is simply absent — not estimated, not inferred from a neighbouring state. That is why sheets differ in length: this one states 50 figures, and a state where we hold less will show fewer. A short sheet means we have less, not that the state has less.
Statutory law changes. Each linked owner page carries the date its figures were read; check there before relying on anything here. See also Maryland financial adviser statistics and all 51 state money sheets.
General information about published law and public data, not legal, tax or investment advice. No advertising appears on this page and we earn nothing from it.