Get the POWER of PRO!
Support Center > Knowledge base> Category: Maryland
Category: Maryland
62 Articles
Orange arrow Maryland Spouse Domiciled Differently

838 views
  If you were either, (a) married couples who filed joint federal returns but were domiciled in different counties, cities, towns or taxing areas on the last day of the year, or (b) married couples who filed joint federal returns but were domiciled in different states on the last day of the tax year,...
Posted in: STATES, Maryland

Orange arrow Maryland Additions

1064 views
  Determine which additions to income apply to you. Write the correct amounts on lines 2-5 of Form 502. Instructions for each line: Line 2. 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 in...
Posted in: STATES, Maryland

Orange arrow Maryland Other Subtractions

938 views
  a. Payments from a pension system to firemen and policemen for job related injuries or disabilities (but not more than the amount of such payments included in your total income). b. Net allowable subtractions from income from pass-through entities, not attributable to decoupling. c. Net subtracti...
Posted in: STATES, Maryland

Orange arrow Maryland Payment Options

559 views
  • Direct Debit: If you file electronically and have a balance due, you can have your income tax payment deducteddirectly from your bank account. This free service allows you to choose your payment date, anytime until April 30, 2015.Visit www.marylandtaxes.com for details. • Bill Pay Elec...
Posted in: STATES, Maryland

Orange arrow Maryland Quality Teacher Incentive Credit

1009 views
  If you are a qualified teacher, you may be able to claim a credit against your State tax liability for tuition paid to take graduate-level courses required to maintain certification. This credit applies to individuals who: Currently hold a standard professional certificate or an advanced profess...
Posted in: STATES, Maryland

Orange arrow Maryland Long-Term Care Insurance Credit

560 views
  If you purchase a long-term care insurance contract for yourself or certain members of your family, you may be eligible for a one-time credit of up to $500 for each insured. Qualifications To qualify for the credit, the insured must be all of the following: A spouse, parent, stepparent, child ...
Posted in: STATES, Maryland

Orange arrow Maryland Preservation & Conservation Easements

599 views
  If you donated an easement to the Maryland Environmental Trust or the Maryland Agricultural Land Preservation Foundation to preserve open space, natural resources, agriculture, forest land, watersheds, significant ecosystems, view sheds or historic properties, you may be eligible for a tax credit. ...
Posted in: STATES, Maryland

Orange arrow Maryland Clean Energy Incentive Credit

562 views
  Businesses that use a qualified energy resource to produce electricity that is sold to an unrelated person may be entitled to an income tax credit. Sole proprietorships, corporations and pass-through entities, such as partnerships, subchapter S corporations, limited liability companies and busine...
Posted in: STATES, Maryland

Orange arrow Maryland Neighborhood Stabilization Credit

868 views
  If you live in the Hillendale, Northbrook, Pelham Woods, or Taylor/Dartmouth areas of Baltimore County, you may qualify for this credit. Credits for homes purchased in Baltimore County must have been applied for by December 31, 2005. After certification by Baltimore County, you may claim an income...
Posted in: STATES, Maryland

Orange arrow Maryland PIN Number

648 views
  When you file electronically using online software, you use a PIN (Personal Identification Number) instead of a signature. The PIN you used to file your federal return electronically can be the same PIN you use to electronically file your Maryland return. If you use online software to file your Ma...
Posted in: STATES, Maryland

Orange arrow Maryland Credit for Aquaculture Oyster Floats

502 views
  If you purchased a new aquaculture oyster float during the tax year, you may be entitled to a credit of up to $500 for the cost of the float....
Posted in: STATES, Maryland

Orange arrow Maryland Enterprise Zone Tax Credit

813 views
  General Requirements Businesses located in an enterprise zone may be eligible for tax credits based upon wages paid to qualifying employees. For businesses located in a focus area (an area within an enterprise zone that is especially in need) the credit amounts are higher. Businesses that own, oper...
Posted in: STATES, Maryland

Orange arrow Maryland Job Creation Tax Credit

572 views
  Certain businesses that create new qualified positions in Maryland before January 1, 2020 may be eligible for tax credits based on the number of qualified positions created or wages paid for these positions. The credit may be taken against corporate income tax, personal income tax, insurance premi...
Posted in: STATES, Maryland

Orange arrow Maryland Disability Employment Tax Credit

1335 views
  MARYLAND DISABILITY EMPLOYMENT TAX CREDIT usinesses that employ persons with disabilities, as determined by the Division of Rehabilitation Services (DORS) in the Maryland State Department of Education and/or by the Maryland Department of Labor, Licensing and Regulation (DLLR) , may be eligible for...
Posted in: STATES, Maryland

Orange arrow Maryland Community Investment Tax Credit

933 views
  Businesses or individuals who contribute to qualified organizations' Community Investment Programs can earn credits for a portion of the value of the money, goods or real property contribution. Community Investment Tax Credits support nonprofit organizations serving as incentives to attract contri...
Posted in: STATES, Maryland


Page: 1 of 5