CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Maryland State Tax Course - for Maryland Tax Preparers

4.5 (37)

Jason Dinesen, EA, LPA

Dinesen Tax & Accounting, P.C.

  • Maryland Tax Preparer

Published: May, 2021

Before starting this self study program, please go through the instructional document.

Overview

  • Overview of Maryland Taxes
  • Taxes for Individuals
  • Standard or Itemized Deductions
  • Property Tax Credits and Exemptions
  • Tax Changes for Businesses

Course Description

State income tax is Maryland’s largest, single source of general fund revenue. Given the location of the state on the northeastern seaboard and its significant population of government and military taxpayers, there is a significant influx and outflow of Maryland taxpayers each year. Maryland tax preparers, therefore, are frequently called upon to know and apply the rules relating to residents, nonresidents, and part-year residents in addition to members of the military with or without income from overseas.

This course begins with an overview of the Maryland tax system followed by a focus on the rules that apply to tax returns for individual taxpayers of different types. Changes to Maryland individual and business taxes that took place in 2019 are then discussed.

The course meets two hours of Maryland State Tax Related matters, the licensing requirement for Maryland Individual Tax Preparers is to obtain at least four hours of continuing education in Maryland state tax-related subjects, of which two hours may be satisfied by a federal course in ethics.

You may be interested in below webinars and packages:

1. Package for Maryland Tax Preparers

2. Other Tax Update webinars

Learning Objectives

  • Given examples of taxpayers with different circumstances, correctly identify their residency status and determine whether each must file a Maryland tax return
  • To identify the list of software providers approved by the Comptroller of Maryland for the preparation of individual tax returns and business tax returns
  • To identify the Maryland tax credits for businesses that are new for 2019

Who Should Attend?

  • Maryland Tax Preparers

Testimonial

4.5

(37)
57%
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