Get the POWER of PRO!
Support Center > Knowledge base> Article: Maryland Excess Credit Carryover

Maryland Excess Credit Carryover

Article ID: 34003 Email Print
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

Article Details
Views: 279 Created on: Jun 15, 2013
Date updated: Aug 18, 2015
Posted in: STATES, Maryland

Poor Outstanding