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Article: Maryland Additions
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Article ID: 34285
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Determine which additions to income apply to you:
TAX-EXEMPT STATE OR LOCAL BOND INTEREST
Enter the interest from non-Maryland state or local bonds or other obligations (less related expenses). This includes interest from mutual funds that invest in non-Maryland state or local obligations. Interest earned on obligations of Maryland or any Maryland subdivision is exempt from Maryland tax and should not be entered on this line.
STATE RETIREMENT PICKUP
Pickup contributions of a State retirement or pension system member. The pickup amount will be stated separately on your W-2 form. The tax on this portion of your wages is deferred for federal but not for state purposes.
LUMP SUM DISTRIBUTION FROM A QUALIFIED RETIREMENT PLAN
If you received such a distribution, you will receive a Form 1099R showing the amounts distributed. You must report part of the lump sum distribution as an addition to income if you file federal Form 4972 Tax on Lump Sum Distributions.
OTHER ADDITIONS TO INCOME.
If one or more of these apply to you, enter the total amount and identify each item using the code letter:
a. Part-year residents: losses or adjustments to federal income that were realized or paid when you were a nonresident of Maryland.
b. Net additions to income from pass-through entities not attributable to decoupling.
c. Net additions to income from a trust as reported by the fiduciary.
d. S-corporation taxes included on line 8 of Maryland Form 502CR, Part A, Tax Credits for Income Taxes Paid to Other States. (See instructions for Part A of Form 502CR.)
e. Expenses paid in the current year to the extent allowed on Form 500CR as Business Tax Credits for the following:
Enterprise Zone Tax Credit, Employment Opportunity Tax Credit, Maryland Disability Employment Tax Credit, Long-Term Employment of Qualified Ex-Felons Tax Credit, Research and Development Tax Credit, Telecommunications Property Tax Credit and Cellulosic Ethanol Technology Research and Development Tax Credit.
f. Oil percentage depletion allowance claimed under IRC Section 613.
g. Income exempt from federal tax by federal law or treaty that is not exempt from Maryland tax.
h. Net operating loss deduction to the extent of a double benefit. &#
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