Maryland 2013: Standard Deduction
Maryland allows the larger of Maryland itemized deductions or the Maryland standard deduction for taxpayers who itemize on their federal return. On the 2013 federal 1040 tax return, the itemized deductions may be limited for taxpayers with adjusted gross income over $250,000 ($300,000 if filing jointly.)
Certain Maryland customers, who had limited itemized deductions on their 2013 federal tax return, may have filed an incorrect Maryland tax return.
TurboTax has fixed this issue.
How to tell if you may be impacted
You may be affected if all of the following apply to you:
- You filed your Maryland state tax return prior to March 31, 2014 AND
- Your federal return itemized deductions were limited (Schedule A, line 29 - yes box is checked) AND
- Your Maryland form 502 or 505 has the “Standard Deduction Method” box checked AND
- Your Maryland form 502 line 5 (or Form 505, line 20) has an “other additions” amount with the code P.
If you are affected, you may have overpaid your state tax. You may need to amend your Maryland return.
To amend your return:
- Follow these step-by-step instructions.
- After you make the changes to your tax return, you will need to mail a copy of your amended state return.
- Your printed return will include instructions on how and where to mail it.
If you need to contact us, please use the phone number in the email from TurboTax and tell the representative you’re calling about the Maryland 2013: Standard Deduction.