More Maryland tax-filers move out than move in

More Maryland tax-filers move out than move in

Maryland had more tax-filers move out than move in last year, as families headed south to states such as Virginia and Florida.

The state saw a net loss of nearly 8,000 households, as 68,384 families opted to go abroad or to another state but just 60,429 moved in, according to new Internal Revenue Service data. About 63,356 households relocated within the state, said the IRS, which tracked the number of filers using a different address in 2015 than in 2014.

Much of the movement in and out was between Virginia and Washington, D.C. As in prior years, Florida saw the biggest net increase of Maryland families.

Nearly 60 percent of the households moving out and in were aged 35 or younger.

The numbers pointed to a significant decline in relocations compared to 2013-2014, when the IRS reported that more than 80,000 families moved in or out.

Copyright © 2019, The Baltimore Sun, a Baltimore Sun Media Group publication | Place an Ad