Form 505x - Maryland Nonresident Amended Tax Return - 2012 Page 5
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63
2012 Tax Rate Schedules
Tax Rate Schedule I
Tax Rate Schedule II
F
F
or taxpayers filing as Single, Married Filing Separately, or as
or taxpayers filing Joint, Head of Household, or for Qualifying
Dependent Taxpayers. This rate is also used for taxpayers filing as
Widows/Widowers.
Fiduciaries.
If taxable net income is:
Maryland Tax is:
If taxable net income is:
Maryland Tax is:
At least:
but not over:
At least:
but not over:
$0
$1,000
2.00% of taxable net income
$0
$1,000
2.00% of taxable net income
$1,000
$2,000
$20.00
plus
3.00% of excess over $1,000
$1,000
$2,000
$20.00
plus
3.00% of excess over $1,000
$2,000
$3,000
$50.00
plus
4.00% of excess over $2,000
$2,000
$3,000
$50.00
plus
4.00% of excess over $2,000
$3,000
$150,000
$90.00
plus
4.75% of excess over $3,000
$3,000
$100,000
$90.00
plus
4.75% of excess over $3,000
$150,000
$175,000
$7,072.50
plus
5.00% of excess over $150,000
$100,000
$125,000
$4,697.50
plus
5.00% of excess over $100,000
$175,000
$225,000
$8,322.50
plus
5.25% of excess over $175,000
$125,000
$150,000
$5,947.50
plus
5.25% of excess over $125,000
$225,000
$300,000 $10,947.50
plus
5.50% of excess over $225,000
$150,000
$250,000
$7,260.00
plus
5.50% of excess over $150,000
$300,000
$15,072.50
plus
5.75% of excess over $300,000
$250,000
$12,760.00
plus
5.75% of excess over $250,000
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EARNED INCOME CREDIT, POVERTY LEVEL CREDIT, CREDITS FOR INDIVIDUALS AND BUSINESS TAX
CREDITS. Enter each credit being claimed in the appropriate box on line 12a.
You may claim a credit equal to one-half of
instructions and worksheet to compute the
or
Form
500CR
with
appropriate
your fed eral earned income credit on line
allowable credit. If you are a nonresident,
documentation or certifications.
12a. Since you are a nonresident, you
you must prorate the poverty level credit
If the total credits on line 12a are greater
must prorate the earned income credit
using the Maryland income factor.
than the tax on line 12, enter zero on line
using the Maryland income factor from line
Personal income tax credits from Form
12b. The credits entered on line 12a are
9 of Form 505NR.
502CR and business tax credits from Form
nonrefundable. For information concerning
You may also claim a credit on line 12a
500CR should be entered in the appropriate
refundable credits, see Instruction 9.
equal to 5% of your earned income. If
box on line 12a. If these amounts are
your income is less than the poverty level
different from the original return, be sure
guidelines, please refer to the nonresident
to attach the completed Form 502CR and/
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SPECIAL NONRESIDENT INCOME TAX.
The special nonresident tax is calculated on Line 17 of revised Form 505NR.
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CONTRIBUTIONS TO THE CHESAPEAKE BAY AND ENDANGERED SPECIES FUND, DEVELOPMENTAL
DISABILITIES WAITING LIST EQUITY FUND AND MARYLAND CANCER FUND.
Enter the amounts of your contribution in 13A for the Chesapeake Bay and Endangered Species Fund, 13B for the
Developmental Disabilities Waiting List Equity Fund and 13C for the Maryland Cancer Fund. Any contribution will increase
your balance due or reduce your refund. Enter the total of your contributions in the appropriate columns. Additional
information concerning the funds is contained in the Maryland tax instructions for the tax year of the amended return.
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TAXES PAID AND CREDITS. Write your taxes paid and credits on lines 15-20.
Enter the correct amounts on lines 15
Maryland
tax.
Please
refer
to
the
credit granted by Baltimore City or
through 19 and attach any additional or
Refundable
Earned
Income
Credit
Baltimore County. Attach a copy of the
corrected W-2 statements, photocopies of
Worksheet in the nonresident instructions,
certification.
cancelled checks or money orders for
and
enter
the
allowable
credit
on
b. H E R I T A G E
S T R U C T U R E
estimated account payments not credited
line 17 .
REHABILITATION AND SUSTAINABLE
on your original return. Attach corrected
Refundable Income Tax Credits. Enter
COMMUNITIES TAX CREDIT. A credit is
Form 502CR and other state returns, or
the total of your refundable income tax
allowed for a percentage of qualified
corrected Form 500CR, Form 502H, and/
credits on line 19. Attach Form 502CR.
rehabilitation expenditures as certified
or 502S for the applicable year being
by the Maryland Historical Trust. Attach
a. NEIGHBORHOOD
STABILIZATION
amended.
a copy of the appropriate Form 502H
CREDIT. Beginning with tax year 1999,
Refundable Earned Income Credit. You
and/or 502S and certification.
individuals certified by Baltimore City or
may be eligible for a refund able earned
Baltimore County as qualified for the
c. REFUNDABLE BUSINESS INCOME TAX
income credit if one-half of your federal
neighborhood stabilization credit may
CREDIT. See Form 500CR for instructions
earned income credit is greater than your
claim a credit equal to the property tax
and qualifications.
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BALANCE DUE OR OVERPAYMENT. Calculate the balance due or overpayment by subtracting the total on
line 20 from the amount on line 14 and enter the result on either line 21 or line 22.
Enter the tax paid with the original return
you owe additional tax. Add the two
the two together and enter on line 25.
plus any additional tax paid after filing on
together and enter the total on line 26.
• and line 22 is less than line 24, you owe
line 23 (do not enter interest or penalty
Compute
the
interest
due.
See
additional tax. Enter the difference on
paid) OR enter the overpayment from your
Instruction 11.
line 26 and compute the interest due
original
return
plus
any
additional
• and line 21 is less than line 23, you are
using the interest rates in Instruction 11.
overpayments from prior amendments or
due a refund. Enter the difference on
Previous interest and penalty
adjustments on line 24.
line 25.
Interest and/or penalty charges for the
If there is an amount on line 21:
If there is an amount on line 22:
year you are amending, whether previously
• and line 21 is more than line 23, you owe
• and line 22 is more than line 24, you are
paid or still outstanding, may be adjusted
additional tax. Enter the difference on
due an additional refund. Enter the
as a result of your amendment. Any
line 26 and compute the interest due
difference on line 25.
payments made on the account have been
using the interest rates in Instruction 11.
applied first to penalty, then to interest
• and there is also an amount on line 23,
• and there is also an amount on line 24,
and lastly to tax due. These payments
you are due an additional refund. Add
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