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§ 8.3-704. Taxes

West's Annotated Code of MarylandLabor and EmploymentEffective: January 1, 2023

West's Annotated Code of Maryland
Labor and Employment
Title 8.3. Family and Medical Leave Insurance Program (Refs & Annos)
Subtitle 7. Benefits (Refs & Annos)
Effective: January 1, 2023
MD Code, Labor and Employment, § 8.3-704
§ 8.3-704. Taxes
Notice
(a) If the Internal Revenue Service determines that benefits paid under this subtitle are subject to federal income tax, at the time a covered individual files a new claim for benefits, the Department shall notify the covered individual that:
(1) the Internal Revenue Service has determined that the benefits are subject to federal income tax;
(2) there are requirements regarding estimated tax payments;
(3) the covered individual may elect to have federal income tax deducted and withheld from the benefits that the covered individual receives under this title at the rate specified in the Internal Revenue Code; and
(4) the covered individual is allowed to change a previously elected withholding status.
Deductions
(b)(1) If a covered individual elects to have federal income tax deducted and withheld under subsection (a)(3) of this section, the Department shall deduct and withhold an amount at the rate specified in the Internal Revenue Code in a manner required by the Internal Revenue Service.
(2) If the Department deducts and withholds federal income tax under paragraph (1) of this subsection, the amount deducted and withheld shall remain in the Fund until it is transferred to the Internal Revenue Service as a payment of income tax.

Credits

Added by Acts 2022, c. 48, § 1, eff. Jan. 1, 2023.
MD Code, Labor and Employment, § 8.3-704, MD LABOR & EMPLY § 8.3-704
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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