Maryland 2011: Spouse's Lump-Sum Pension Distributions
Maryland taxpayers born before January 2, 1936 may be able to use a lower substituted tax rate on their lump-sum pension distributions.
Certain customers, whose spouse filed a Form 4972 for a lump-sum pension distribution in 2011, 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 are true:
- You filed your 2011 Maryland tax return before April 4, 2012 AND
- Your spouse had amount on federal Form 4972, Line 8 for income they received on a Form 1099-R AND
- Your federal Form 4972, Line 8 amount was included on ANY of the following lines :
- Maryland Form 502SU (Subtractions from income) :
- Line f
- Line r
- Line u
- Maryland Form 505SU (Nonresidents subtraction from income), line u
NOTE: When Married Filing Joint, the “spouse” is considered as the second person listed at the top of your federal Form 1040.
If you are affected, you may have underpaid your Maryland tax. You may need to amend your Maryland tax return.
You can make the corrections yourself.
- To do it yourself, please 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 assistance, call us at the phone number in the email.
Or let us do the work for you.
- Please download and print this Authorization Form.
- Complete the form and fax it to us at the number printed at the top of the form.
- A TurboTax representative will contact you (within 15 days) when your corrected return is ready to be securely emailed back to you.
- You can print, sign, and mail the corrected return to the state taxing authority.
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 2011: Spouse Lump Sum.