Maryland
Assessment

Procedures
Manual

CATEGORY:

HOMEOWNERS' TAX CREDIT

012

SUBJECT:

Application

020

TOPIC:

Deferred Compensation

132

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
 

 

Deferred Compensation

There is a separate line item for applicants to report any deferred compensation. Deferred compensation, like a contribution to an IRA or Keogh, is fully countable for purposes of the Tax Credit Program. The instructions state that any application with deferred compensation must attach a W-2 statement to certify the amount of compensation being deferred.

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