Military Retirement Pay Income Tax Deduction
Veterans and spouses of military retirees can subtract a portion of their military retirement income from their federal adjusted gross income when calculating Maryland state taxes. Offered by Maryland Comptroller.
Key Facts
- Funder
- Maryland Comptroller
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Status
- Open
About This Grant
Veterans and spouses of military retirees can subtract a portion of their military retirement income from their federal adjusted gross income when calculating Maryland state taxes. Taxpayers aged 55 or older may subtract up to $20,000; taxpayers under 55 may subtract up to $12,500. The subtraction is claimed on Maryland Form 502, Line 13. Assistance type: tax exemption.
Full requirements and application instructions: official listing.
Similar Open Grants
Maryland Pension Exclusion
Maryland Comptroller
Baltimore County Fair Election Fund
Baltimore County Government
Fair Election Fund
Prince George's County Fair Election Fund Commission
Grants for Organizations (GFO)
Maryland State Arts Council
Research and Development Tax Credit (R&D)
Maryland Department of Commerce
Senior Farmers Market Voucher Debit Cards
Carroll County Division of Aging & Disabilities
Miller Resources for Entrepreneurs
Miller Resources for Entrepreneurs / Carroll Community College
Minority and Women-Owned Business Enterprise (MWBE) Program (City of Frederick)
City of Frederick
Minority, Female & Disabled Owned Business Program (MFD Program)
Montgomery County Office of Procurement
Minority/Women's Business Enterprise (M/WBE) Certification
Baltimore City Small and Minority Business Assistance and Development (SMBA&D)