The Montgomery County Taxpayer Receipt creates an estimate of the property and local income taxes you pay to Montgomery County and illustrates the relative proportion of services that are funded by your tax contribution. The Taxpayer Receipt simulation is for illustrative purposes only and is based on the FY20 County Council approved budget.
Methodology: Montgomery County's local income tax rate is 3.2% of taxable income. To account for the difference between taxable income and gross income, your gross income entered into the tool is multiplied by 2.6%.
Property taxes are estimated using the weighted average real property tax rate for the County - $0.9786 per $100 of assessed value.