Maryland
Assessment

Procedures
Manual

CATEGORY:

HOMEOWNERS' TAX CREDIT

012

SUBJECT:

Application

020

TOPIC:

Wages, Salaries, Tips, Bonuses, Commissions, Fees

118

Date Issued
5/1/88

Revision #

 

001: Procedures
004: Owners
008: Taxable Property
009: Exemptions
012: Credits
014: Valuation
018: Operating Property
of Utilities and Railroads
019: Real Property
029: Notices
045: Assessment Records
067: Allowances and
Removal
229: Maryland Tax Court
232: Administration
255: Appeals
300: Triennial Assessments
350: Personal Property
375: Personal Property
 
Alphabetical Index
Numerical Index
 

 

Item 18 - Explanation of the Sources of Income:The fourth column on the Sources of Income section entitled "For Office Use Only" is to be used by Tax Credit employees to enter "corrected" amounts on each item when the applicant has erred.

Wages, Salary, Tips, Bonuses, Commissions, Fees

The wages, salary and tips are reported either at:

  1. line 7 of the federal income tax Form 1040, or
  2. line 6 of the federal Form 1040A; or
  3. line 1 of the new federal Form 1040EZ for single filers with no dependents.

Bonuses, commissions and fees usually are reported on line 22 of Form 1040 as "other income."

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