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Section 10-751 - Earned Income Credit Against State Income Tax for Qualified Children -- Reductions — Maryland Law | CourtGPT
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  7. Section 10-751 - Earned Income Credit Against State Income Tax for Qualified Children -- Reductions
Maryland Legal Code

Section 10-751 - Earned Income Credit Against State Income Tax for Qualified Children -- Reductions

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(a) (1) In this section the following words have the meanings indicated. (2) 'Qualified child' means a dependent of a taxpayer, if the dependent: (i) is a dependent for purposes of § 152 of the Internal Revenue Code; and (ii) 1. is under the age of 6 years; or 2. A. is under the age of 17 years; and B. is a child with a disability, as defined under § 8–401 of the Education Article. (3) 'Taxpayer' means: (i) an individual filing an income tax return; or (ii) a married couple filing a joint income tax return. (b) A taxpayer who is a resident and has federal adjusted gross income for the taxable year of $15,000 or less may claim a credit against the State income tax for each qualified child in an amount equal to $500. (c) If the credit allowed under this section in any taxable year exceeds the State income tax for that taxable year, the taxpayer may claim a refund in the amount of the excess.