Job Creation Income Tax Credit

For the Maryland job creation income tax credit pursuant to Md. Code Ann. Tax-Gen. § 10-704.4 and Md. Code Ann. Econ. Dev. § 6-304, “Qualified veteran employee” means an individual who is a veteran and is a qualified veteran as defined under IRC § 51(d)(3)(A) for purposes of the federal Work Opportunity Tax Credit. Previously, the definition included only active military, naval, or air service referring to 38 U.S.C. Section 101 prior to the inclusion of the space service. The amendment is applicable to all taxable years beginning after December 31, 2025.

Disabled Veteran or Surviving Spouse Local Property Tax Credits

For the local property tax credit authorized by Md. Code Ann. Tax-Prop. § 9-265, “disabled veteran” means an individual who is a veteran and has been declared by the U.S. Department of Veterans Affairs to have a: (1) permanent service-connected disability of at least 50% that results from blindness or any other disabling cause that is reasonably certain to continue for the life of the veteran and was not caused or incurred by misconduct of the veteran; or (2) nonpermanent service-connected disability of 100% that results from blindness or any other disabling cause that was not caused or incurred by misconduct of the veteran.

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