Form 515 - Maryland Tax Return - 2012 Page 7
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12The Standard Deduction Method gives
worksheet below to determine the total
You must adjust the total standard deduc-
you a standard deduction without the need
standard deduction for your filing status and
tion using the AGI factor from Instruction 13
to itemize deductions. Use the appropriate
Maryland income.
to figure your Maryland standard deduction.
Figure your standard deduction
If your filing status is:
• Single • Married filing separately
• Married filing jointly • Head of household
or • Dependent taxpayer
or • Qualifying widow(er)
Worksheet 1
Worksheet 2
If your income on
Your standard
If your income on
Your standard
line 26 is:
deduction is:
line 26 is:
deduction is:
1,500
3,000
$10,000 or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . $ _________
$20,000 or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . $ _________
or
or
If your income on line 26 is between $10,000-13,333
If your income on line 26 is between $20,000-26,667
Enter income from line 26:. . . . . . . . . . . . . . . . . . . $ _________
Enter income from line 26:. . . . . . . . . . . . . . . . . . . $ _________
.15
.15
Multiply by 15 percent (.15) . . . . . . . . . . . . . . . . . . X _________
Multiply by 15 percent (.15) . . . . . . . . . . . . . . . . . . X _________
This is your standard deduction . . . . . . . . . . . . . . $ _________
This is your standard deduction . . . . . . . . . . . . . . $ _________
or
or
If your income on
Your standard
If your income on
Your standard
line 26 is:
deduction is:
line 26 is:
deduction is:
2,000
4,000
$13,333 or over . . . . . . . . . . . . . . . . . . . . . . . . . . . $ _________
$26,667 or over . . . . . . . . . . . . . . . . . . . . . . . . . . . $ _________
Enter your standard deduction on line 1 below.
Enter your standard deduction on line 1 below.
STANDARD DEDUCTION CALCULATION
STANDARD DEDUCTION CALCULATION
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1.
Enter your standard deduction from Standard Deduction Worksheet above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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1.
Enter your standard deduction from Standard Deduction Worksheet above . . . . . . . . . . . . . . . . . . . . . . . . . . 1 ______________________
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2.
Enter your AGI factor (from line 3, Instruction 13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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2.
Enter your AGI factor (from line 3, Instruction 13). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 ______________________
3
3.
Total Maryland standard deduction (Multiply line 1 by line 2) . Enter here and on line 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
.
3.
Total Maryland standard deduction (Multiply line 1 by line 2). Enter here and on line 27 . . . . . . . . . . . . . . . . 3 ______________________
COM/RAD-023
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Itemized deductions. If you figure your tax by the Itemized Deduction Method, complete line 27 and check the
box for Itemized Deduction Method. If you elected to deduct general sales tax, instead of state
and local income tax, do not enter that amount on line 2 of the following worksheet.
To use the Itemized Deduction Method,
Deductions, onto line 1 of the Itemized
contribution for which a Preservation and
you must itemize your deductions on
Deduction Worksheet below. Complete
Conservation Easements Credit is claimed
your federal return and complete federal
lines 1 to 5 and enter result on line 27 of
on Form 502CR must be added to line 2
Form 1040 Schedule A. Copy the amount
Form 515. Also, the amount of any
of the following worksheet.
from Schedule A, line 29, Total Itemized
donated easement deducted as a
ITEMIZED DEDUCTIONS WORKSHEET
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1.
Total federal itemized deductions (from line 29, federal Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 ______________________
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2.
State and local income taxes included in federal Schedule A, line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 ______________________
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3.
Net deductions (Subtract line 2 from line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 ______________________
.
4.
Enter your AGI factor (from line 3, Instruction 13). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 _______________________
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5.
Total Maryland itemized deductions (Multiply line 3 by line 4). Enter here and on line 27. . . . . . . . . . . . . . . . 5 _______________________
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Exemption allowance computation. You must adjust the total exemption amount on line 29 using the AGI factor
from Instruction 13 to figure your Maryland exemption allowance.
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Figure your taxable net income. Subtract line 31 from line 28, and enter this amount on line 32. Go to Form
505NR using Instruction 18.
The 2012 Maryland tax rate schedules
tables if your income is under $50,000;
Maryland Tax Computation Worksheet
are shown on page 6 so you can see the
otherwise, use the appropriate row in the
Schedules in the nonresident tax booklet
tax rate that applies to all levels of
Maryland Tax Computation Worksheet
have been based on these tax rate
income; however, do not use them to
Schedules at the end of the tax tables to
schedules.
figure your tax. Instead use the tax
figure your tax. The tax tables and the
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COM/RAD-023
12-01
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