Maryland Form 502ae - Subtraction For Income Derived Within An Arts And Entertainment District - 2013 Page 2
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1
2Subtraction For Income Derived
MARYLAND
FORM
Within An Arts and Entertainment
502AE
District Instructions
2013
GENERAL INSTRUCTIONS
Sale and Publication of Artistic Work
Who May File
A.
Income that an artist earns from the sale or publication of artistic
work created:
A qualifying residing artist may claim a subtraction for income derived
from the sale, publication, production or performance of an artistic
• Within the district and sold within the district qualifies for
work within an arts and entertainment district, if the artist created
the subtraction;
that artistic work within that arts and entertainment district.
• Within the district and sold outside the district does not
qualify for the subtraction;
The subtraction only is available to individuals. The subtraction is
• Outside the district and sold within the district does not
available to a single-member limited liability company whose member
qualify for the subtraction; or
is an individual.
• Outside the district and sold outside the district does not
qualify for the subtraction.
Qualifying Guidelines
B.
Income received by an artist from internet, mail order and catalog
To qualify for the subtraction, you must be a qualifying residing
sales of artistic work shipped from within the district qualifies
artist who creates an artistic work that is sold within the arts and
for the subtraction, if the artist created the artistic work within
entertainment district in which it is created.
the district.
C.
Income in the nature of royalties, licenses or other future
Required Attachments
revenues from the sale of reproduction or publishing rights does
You must attach to your Maryland return a completed Form 502AE.
not qualify for the subtraction.
Qualifying Residing Artist - means an individual who:
Production and Performance of Artistic Work
1.
Owns or rents residential real property in the county where
A.
Income that an artist earns from a musical performance, from
the arts and entertainment district is located and conducts a
the performance of a play or dance, from the showing of a film
business in that district; and,
produced within the district by the artist or from acting in a film:
2. Derives income from the sale, publication, production or
performance within the arts and entertainment district of an
• Within the district qualifies for the subtraction; or,
artistic work that the individual created, wrote, composed or
• Outside the district does not qualify for the subtraction.
executed, either solely or with one or more other individuals,
B.
Income that an artist earns from the creation or choreography
in the arts and entertainment district.
of a play or dance, the composition of music or the production
of a film:
Artistic work - means an original and creative work, whether created,
written, composed, or executed, that falls into one of the following
• Within the district qualifies for the subtraction; or,
categories:
• Outside the district does not qualify for the subtraction.
1.
A book or other writing;
C.
Income received by an artist from the internet broadcast of an
artistic work from within the district qualifies for the subtraction,
2. A play or performance of a play;
if the artist created the artistic work within the district.
3.
A musical composition or the performance of a musical
D.
Income in the nature of royalties, licenses or other future
composition;
revenues from the creation or choreography of a play or dance,
4.
A painting or other picture;
the composition of music or the production of a film does not
qualify for the subtraction.
5.
A sculpture;
6. Traditional or fine crafts;
Part A - Qualifying Residing Artist
7.
The creation of a film or the acting within a film;
Line 1 - Enter the individual’s name who is the qualifying residing
artist.
8. The creation of a dance or the performance of a dance;
Line 2 - Enter the official name of the arts and entertainment district
9.
The creation of original jewelry or clothing design; or
in which the qualifying artist owns or rents residential real property
10.
Any product generated as a result of any of the categories
and conducts a business.
listed above.
Line 3 - Enter the address of the residential real property owned or
Artistic work does not include any piece or performance created
rented by the qualifying residing artist. This address must be located
or executed for industry-oriented or industry-related production
in the same county in which the arts and entertainment district is
such as a commercial or advertising copy.
located. Do not enter a mailing address, such as a post office
box or rural box number.
Artistic work does not include tailoring services, clothing
alterations or jewelry repair.
Line 4 - Enter the trade or business name, if any, and the business
address in the arts and entertainment district. Do not enter a
Arts and Entertainment District - means an area designated by the
mailing address, such as a post office box or rural box number.
Secretary of the Department of Business and Economic Development
as an arts and entertainment district.
Line 5 - Provide a brief description of the artistic work and the
business activities conducted in the arts and entertainment district.
SPECIFIC INSTRUCTIONS
Part B - Income Derived within an Arts and Entertainment
In determining the amount of income allowed as a subtraction, the
District
following rules shall apply:
Line 6 - Provide a brief description of the business transactions
generating the income that qualifies for the subtraction.
Line 7 - Enter the amount of the income, to the extent included
in federal adjusted gross income, derived within the arts and
entertainment district that qualifies for the subtraction. Include this
amount on Line dd of Form 502SU or line dd of Form 505SU.
COM/RAD-025
13-49
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