Maryland Form 504cr - Business Income Tax Credits For Fiduciaries - 2013 Page 2
Download a blank fillable Maryland Form 504cr - Business Income Tax Credits For Fiduciaries - 2013 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Maryland Form 504cr - Business Income Tax Credits For Fiduciaries - 2013 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23BUSINESS INCOME TAX CREDITS
page 2
MARYLAND
FORM
FOR FIDUCIARIES
504CR
ATTACH TO FORM 504.
2013
PART C -
MARYLAND DISABILITY EMPLOYMENT TAX CREDIT FOR EMPLOYEES
PART C - I
CREDIT FOR EMPLOYEES WITH A DISABILITY
1. Number of qualified employees.
First year
Second year
2. Credit for first year (30% of first $6,000 of wages paid to each employee) . . . . . . . . . . . . . .
2
3. Credit for second year (20% of first $6,000 of wages paid to each employee) . . . . . . . . . . . .
3
4. Total (Add lines 2 and 3.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
PART C - II
CREDIT FOR CHILD CARE AND TRANSPORTATION EXPENSES
5. Number of qualified employees.
First year
Second year
6. Credit for first year (limited to a combined total of $600 in child care and transportation
expenses per qualified employee with a disability) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
7. Credit for second year (limited to a combined total of $500 in child care and
transportation expenses per qualified employee with a disability) . . . . . . . . . . . . . . . . . . . . .
7
8. Total (Add lines 6 and 7.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
PART C - SUMMARY
9. Total Maryland Disability Employment Tax Credit for the current tax year
(Add lines 4 and 8.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
PART D - JOB CREATION TAX CREDIT ** Must Attach Required Certification
PART D - I
CREDIT FOR EMPLOYEES OF A QUALIFIED BUSINESS
1. Total number of qualified positions for the current year . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2. Multiply line 1 by $1,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3. Enter 2.5% of wages paid for each position on line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
4. Enter the lesser of lines 2 or 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
PART D - II
CREDIT FOR EMPLOYEES WORKING IN A FACILITY LOCATED IN A REVITALIZATION AREA
5. Total number of qualified positions for the current year . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
6. Multiply line 5 by $1,500 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
7. Enter 5% of wages paid for each position on line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
8. Enter the lesser of lines 6 or 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
PART D - SUMMARY
9. Total credits calculated for the current year (Add lines 4 and 8.) . . . . . . . . . . . . . . . . . . . . . .
9
10. Enter the lesser of line 9 or $1,000,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
11. Total current year credits available (Multiply line 10 by 50%.) . . . . . . . . . . . . . . . . . . . . . . .
11
12. Enter remaining 50% of credits from prior year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12
13.Total Job Creation Tax Credits that may be claimed this year (Add lines 11 and 12.) . . . . . . . .
13
PART E - COMMUNITY INVESTMENT TAX CREDIT
** Must Attach Required Certification
1. Amount of approved contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2. Enter 50% of line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3. Enter the amount from line 2 or $250,000, whichever is less . . . . . . . . . . . . . . . . . . . . . . . .
3
COM/RAD 057
13-49
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial