Statutes > Maryland Statutes > TAX - GENERAL > TITLE 10 - INCOME TAX > Subtitle 2 - Maryland Taxable Income Calculations for Individual > Section 10-201 - In general.

Section 10-201 - In general.

§ 10-201. In general.
  

An individual shall calculate Maryland taxable income by subtracting from the individual's Maryland adjusted gross income calculated under Part II of this subtitle an amount that equals: 

(1) the exemptions allowed under Part III of this subtitle; and 

(2) the deductions allowed under Part IV of this subtitle. 
 

[1988, ch. 2, § 1.]