Maryland
Assessment

Procedures
Manual

CATEGORY:

HOMEOWNERS' TAX CREDIT

012

SUBJECT:

Application

020

TOPIC:

Other Federal Pensions (Not Including VA Benefits) Per Year

129

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
 

 

Other Federal Pensions (not including VA Benefits) Per Year

The Glick decision holds that other federal pensions are no different and their full amount must be reported according to the specific provisions of the Tax Credit law. The fact that the pensions are nontaxable and contributory is again irrelevant.

Local Tax Credit employees are directed to compare the amount of federal pensions received in the prior year by applicants already in the program, and to send form letter HTC-7 for incomplete information to any applicants reporting the same or a lesser amount in the current year. In addition, persons with federal pensions can also be receiving Social Security benefits. Therefore, local Tax Credit employees are directed to check if the applicant has entered a zero (0) in the space above for Social Security under the same item 18. If the applicant has not entered a zero in the space for Social Security, then form letter (HTC-12) should be sent.

VA benefits are not included in this block because we need to separate them from other federal pensions eligible for the Hold Harmless calculation.

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