Form Mw507 - Employee'S Maryland Withholding Exemption Certificate Page 2

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MARYLAND

page 2

FORM

MW507

Personal Exemptions Worksheet

Line 1

a. Multiply the number of your personal exemptions by the value of each exemption from the table below.

(Generally the value of your exemption will be $3,200; however, if your federal adjusted gross income is

expected to be over $100,000, the value of your exemption may be reduced. Do not claim any personal

exemptions you currently claim at another job, or any exemptions being claimed by your spouse.

To qualify as your dependent, you must be entitled to an exemption for the dependent on your federal

income tax return for the corresponding tax year. NOTE: Dependent taxpayers may not claim themselves as

an exemption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a. _____________

b. Multiply the number of additional exemptions you are claiming for dependents 65 years old or older by the

value of each exemption from the table below. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. _____________

c. Enter the estimated amount of your itemized deductions (excluding state and local income taxes) that

exceed the amount of your standard deduction, alimony payments, allowable childcare expenses, qualified

retirement contributions, business losses and employee business expenses for the year. Do not claim any

additional amounts you currently claim at another job or any amounts being claimed by your spouse.

NOTE: Standard deduction allowance is 15% of Maryland adjusted gross income with a minimum of $1,500

and a maximum of $2,000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .c. _____________

d. Enter $1,000 for additional exemptions for taxpayer and/or spouse at least 65 years old and/or blind. . . . . d. _____________

e. Add total of lines a through d. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e. _____________

f. Divide the amount on line e by $3,200. Drop any fraction. Do not round up. This is the maximum

number of exemptions you may claim for withholding tax purposes. .................. . . . . . . . . . . . . . . . . . . . . f. _____________

If you will file your tax return

If Your federal AGI is

Joint, Head of Household

Single or Married Filing Separately

or Qualifying Widow(er)

Your Exemption is

$100,000 or less

$3,200

Over

But not over