Maryland Excess Credit Carryover
Article ID: 59189

Question

Maryland Excess Credit Carryover

Answer

Most credits may not exceed the Maryland income tax liability, but may be carried forward for a specified number of successive tax years or until fully applied. It is your responsibility to maintain a record of credits for which you qualify, credits that have been taken in prior years, and the amount of each credit that may be carried forward.

related articles

Connecticut Use Tax
Connecticut Property Tax
Dependent Care Tax Credit
Arkansas Estimated Tax Payments
Colorado Credit For Tax Paid to Another State--General
What is the Colorado Minimum Tax Credit?
What is the Colorado Plastic Recycling Investment Tax Credit?
How Do I Qualify For the Colorado Historic Preservation Income Tax Credit?
Colorado Child Care Center Investment Tax Credit
Colorado Innovative Motor Vehicle and Innovative Truck Credits for Tax Years 2017-2021

Article Details

Views: 1518	Created on: Jun 15, 2013 Date updated: Dec 16, 2019
Posted in: States, Maryland

Poor 12345 Outstanding