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March 7, 2025
Question

US Oblications TAX CREDIT ALLOWED IN Maryland

  • March 7, 2025
  • 1 reply
  • 0 views

I know my Fed Tax Return doesn't allow this tax credit so I Assume this is only entered into my Maryland tax filing.  1. Is that correct? 2. Where in Maryland return is it entered? Tks

    1 reply

    AmyC
    Employee
    March 8, 2025

    1. Yes. All US obligations are state exempt. The program will remove it automatically if it is listed as a US obligation.

    2.The obligations are subtracted on the 2024 Maryland Form 502SU Subtractions from Income line ab.

    It is carried to line 13 of Form 502.

     

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