Maryland Claim of Right

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 [...]

Maryland PIN Number

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 Maryland return electronically, and you do not use the federal PIN, the software will generate Form [...]

Maryland Clean Energy Incentive Credit

Businesses may claim a credit for the cost to produce electricity using certain alternative energy [...]

Schedule E - Supplemental Income and Loss

Use Schedule E (Form 1040) to report income or loss from rental real estate (including personal property leased with real estate), royalty income and expense, income or loss from estates or trusts, farm rental income and expenses based on crops or livestock produced by the tenant, income or loss from partnerships and S corporations, and income or loss from real estate mortgage investment conduits [...]

Maryland Preservation & Conservation Easements

Members of a Pass-Through Entity (PTE) may be eligible for a tax credit for an easement conveyed to the Maryland Environmental Trust, the Maryland Agricultural Land Preservation Foundation, or the Maryland Department of Natural Resources to preserve open space, natural resources, agriculture, forest land, watersheds, significant ecosystems, view sheds or historic properties. The credit may not be [...]