Maryland Claim of Right

Article ID: 58725  

Question
Maryland Claim of Right

Answer
If you repaid an amount reported as income on a prior year tax return this year that was greater than $3,000, you may be eligible for an IRC Section 1341 Repayment credit. Attach documentation. For additional information, see Administrative Release 40.

Article Details
Views: 1694 Created on: Jun 15, 2013