Abstract-In this paper, a multilevel time domain fast dipole method (TD-FDM) is proposed for solving time-domain magnetic field integral equations. It is the extension of TD-FDM to the multilevel. This proposed scheme starts by multilevel grouping. At each level, the far-field interaction can be expanded through the Taylor series and reconstructed via aggregation-translation-disaggregation procedure, which reduces the memory requirement and the computational cost of the marching-on in-time (MOT) method. Numerical results about the electromagnetic scattering from perfect electric conductor (PEC) objects are given to demonstrate the validity and efficiency of the proposed scheme.