Maryland Claim of Right

Article ID: 58725  

Question
Maryland Claim of Right

Answer

The income that was repaid must amount to more than $3,000 in order for the taxpayer to take the deduction. Section 1341 allows taxpayers to claim a credit for taxes paid on wages not received from the previous year. It is also known as a "claim of right."


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Views: 1913 Created on: Jun 15, 2013