Maryland Form 504nr - Fiduciary Nonresident Income Tax Calculation - 2015 Page 2
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22015
FIDUCIARY
MARYLAND
FORM
NONRESIDENT INCOME
page 2
504NR
TAX CALCULATION
NAME
FEIN
PART II – Calculation of Nonresident Maryland Income Tax
16a. Fiduciary's share of net Maryland modifications from Form 504, line 5
.
(Enter a net subtraction modification as a negative number.) . . . . . . . . . . . . . . . . . . . . . . . . . 16a.
16b. Net Maryland modifications from non-Maryland sources (Multiply line 16a
.
by line 15.) See Instruction 13 for alternate allocation method. . . . . . . . . . . . . . . . . . . . . . . . 16b.
.
16c. Net Maryland modifications from Maryland sources (Subtract line 16b from line 16a.) . . . . . . .
16c.
.
16d. Income from Electing a Small Business Trust (ESBT) from Form 504, line 3. . . . . . . . . . . . . . . 16d.
.
16e. Enter the non-Maryland ESBT income included on line 16d (attach schedule showing computation) 16e.
.
16f.
Net Maryland ESBT income. Subtract line 16e from 16d. If less than zero, enter zero. . . . . . .
16f.
.
17a. Fiduciary's share of distributable income from Maryland source (from line 14 column (D)) . . . . . 17a.
17b. Fiduciary's share of non-distributable taxable net income from Maryland source
.
(from line 14 column (E)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17b.
.
17c.
Add lines 16c, 16f, 17a and 17b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17c.
.
17d. Maryland exemption (from Form 504, line 9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17d.
.
17e.
Fiduciary's taxable net income from Maryland sources (Subtract line 17d from line 17c.) . . . .
17e.
.
18.
Enter taxable net income from Form 504, line 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18.
19.
Enter tax calculated for taxable net income from line 18 of this form using Fiduciary Tax Rate
.
Schedule (12A). (See instruction 12.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19.
20.
Maryland Nonresident factor. Divide line 17e by line 18. If result is greater than 1.000000,
.
enter 1.000000; if line 17e is less than 0, enter 0.000000 . . . . . . . . . . . . . . . . . . . . . . . . . . .
20.
.
21.
Maryland Tax. Multiply line 19 by line 20. Enter result here and on Form 504, line 11 . . . . . . .
21.
22.
Special Nonresident Tax. Multiply line 17e by 1.25% (.0125).
.
Enter result here and on Form 504, line 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22.
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