Maryland Retirement Income Form

Retirement Income Form
Tax Year 2023 502R Retirement Income
MARYLAND
FORM

502R

2023

RETIREMENT INCOME

ATTACH TO YOUR FORM 502

The Maryland General Assembly enacted House Bill 1148 in the 2016 Session requiring the collection of information detailing the
amount of retirement income reported by an individual and/or their spouse by source.
Part 1	

Your First Name	

MI	

Your Last Name	

Your Social Security Number

Spouse's First Name	

MI	

Spouse's Last Name	

Spouse's Social Security Number

Part 2
Your Age	

Spouse's Age

Part 3
Are you or your spouse totally and permanently disabled? (Check if Yes):
Part 4	

You	

Spouse

Retirement and Pension Benefits: Determine your source of retirement income and input the required information in the
appropriate areas below.

Source description:

Amount included in Federal Adjusted Gross Income

1. Retirement income received as a pension, annuity or endowment from an "employee
retirement system" qualified under Sections 401(a), 403 or 457(b) of the Internal
Revenue Code. Disability retirement pension or annuity included on line 1z of federal form
1040. (Do not include a traditional, Roth, or SIMPLE individual retirement account or annuity
(IRA), a rollover IRA, a simplified employee plan (SEP), a Keogh plan, an ineligible deferred
compensation plan or foreign retirement income.).  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 1a.

You	

00

2. An IRA under Section 408 (excluding Section 408(k)) of the Internal Revenue Code.
Examples include a SIMPLE IRA under Section 408(p) of the Internal Revenue Code
and a traditional IRA .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 2a.

5. A Roth IRA under Section 408A of the Internal Revenue Code. .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5a.

00
00
00
00

6. An ineligible deferred compensation plan under Section 457(f) of the Internal Revenue
Code .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 6a.
7. Other retirement income (for example, a Keogh Plan, also known as an HR-10),
including foreign retirement income. .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 7a.

3. An IRA consisting entirely of contributions rolled over from a defined benefit plan.  .  .  .  .  . 3a.
4. A simplified employee pension (SEP) under Section 408(k) of the Internal Revenue Code.  . 4a.

8. Total: Add the amounts in the above columns and enter here. (This line should
reflect	the	total	amount	of	pension,	disability	pension,	IRA	and	annuities	included	in
income	on	lines	1z,	4b,	and	5b	of	your	federal	Form	1040, and line 8t of your federal Schedule 1)
Part 5

Spouse

00

1b.

5b.

00
00
00
00

00

6b.

00

00

7b.

00

2b.
3b.
4b.

00

 .  .  . 8.
You

Spouse

9. Total benefits you received from Social Security and/or Railroad Retirement, Tier I
and Tier II (See Instructions for Part 5) .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 9a.

00	 9b.

00

10. Amount of military retirement (from code letter u on Form 502SU) and public safety
retirement (from code letter v on Form 502SU) income subtracted on Maryland Form 502.  10a.

00	10b.

00

00	11b.

00

00	12b.

00

Part 6	

If you claimed a Pension Exclusion on line 10a of Maryland Form 502,
complete Part 6 using information from Worksheet 13A of the Maryland
Resident Income Tax Return Instructions.

11. Pension Exclusion (from line 5 of Worksheet 13A).  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 11a.
Part 7	

If you claimed the Retired Forest/Park/Wildlife Ranger (from line 10b
on Form 502), complete Part 7 using information from Worksheet 13E
of the Maryland Resident Income Tax Return Instructions.

12. Retired Forest/Park/Wildlife Ranger pension exclusion (from line 8 of Worksheet 13E).  . 12a.

COM/RAD-020

ATTACH TO YOUR FORM 502

The Maryland General Assembly enacted House Bill 1148 in the
2016 Session requiring the collection of information detailing the
amount of retirement income reported by an individual and/or
their spouse by source.

(IRA)	 on	 your	 federal	 income	 tax	 return	 (lines	 4b	 and	 5b	
of	 federal	 Form	 1040, and line 8t from federal Schedule 1).	
Add	 these	 amounts	 and	 enter	 on	 line	 8.	 This	 amount	 must	
equal	 the	 sum	 of	 the	 retirement	 income	 reported	 on	 your	
federal	return	(lines	4b	and	5b	of	federal	Form	1040, and line
8t from federal Schedule 1).	

Complete Form 502R if you or your spouse were required to file a 2023
Form 502 AND:

Complete Part 5 if you received military retirement income
subtracted using code letter u on Form 502SU, or public safety
retirement income subtracted using code letter v on Form
502SU.

PRINT OR ENTER ALL INFORMATION USING BLUE OR BLACK INK

Complete Part 4 if you or your spouse reported income from
a pension, annuity or individual retirement account or annuity

1

2

Retirement income received as a pension, annuity or
endowment from an "employee retirement system"
qualified under Sections 401(a), 403 or 457(b) of the
Internal Revenue Code. (Do not include a traditional,
Roth, rollover, or SIMPLE individual retirement account or
annuity (IRA), a simplified employee plan (SEP), a Keogh
plan, an ineligible deferred compensation plan or foreign
retirement income.)
An IRA under Section 408 (excluding Section 408(k)) of
the Internal Revenue Code. Examples include a SIMPLE
IRA under Section 408(p) of the Internal Revenue Code
and a traditional IRA

3

An IRA consisting entirely of contributions rolled over from
a defined benefit plan

4

A simplified employee pension (SEP) under Section 408(k)
of the Internal Revenue Code

5

A Roth IRA under Section 408A of the Internal Revenue
Code

6

An ineligible deferred compensation plan under Section
457(f) of the Internal Revenue Code

7

Other taxable retirement income (for example, a
Keogh Plan, also known as an HR-10), including foreign
retirement income

X

X

X

X

X

X

X

X

Also, see FAQs #2 on page iii Resident Booklet, and Line 10a. Instruction 13 Subtractions from Income.
COM/RAD-020

Other taxable retirement plans

Part 4:	

Foreign retirement income

Check the appropriate box if you or your spouse were totally and
permanently disabled on the last day of the tax year.

SIMPLE 401(k)

Part 3:	

Thrift Savings

Enter your age as of December 31, 2023. If you are filing a joint
Maryland return, also enter the age as of December 31, 2023 of
your spouse.

Deferred compensation plan of a
state or local government or a tax
exempt organization - 457(b)

Part 2:	

Part 6:	 Complete Part 6 if you or your spouse claimed a pension
exclusion on Form 502. Enter the amounts in the appropriate
column using the amounts calculated for each spouse on line 5
of the PENSION EXCLUSION COMPUTATION WORKSHEET (13A)
which can be found in the Maryland Resident Income Tax Return
Instructions.
Part 7:	 Complete Part 7 if you or your spouse claimed the Retired
Forest/Park/Wildlife Ranger pension exclusion (from line 10b
on Form 502). Enter the amounts in the appropriate column
using the amounts calculated for each spouse on line 8 of
the RETIRED FOREST/PARK/WILDLIFE RANGER PENSION
EXCLUSION COMPUTATION WORKSHEET (13E) which can be
found in the Maryland Resident Income Tax Return Instructions.

401(k) Cash or Deferred
Arrangement

Enter your first name, middle initial, last name and Social
Security number exactly as entered on Form 502. If you are
filing a joint Maryland return, also enter the name and Social
Security number of your spouse.

Pension, profit-sharing or stock
bonus plans - 401(a), 403,
403(b) or 457(b)

Part 1:	

Keogh retirement plans for selfemployed individuals (also known
as an HR-10 plan)

Note: For additional information regarding qualified plans pension
exclusion, see FAQs #2 on page iii Resident Booklet; and Line 10a.
Instruction 13 Subtractions from Income; and the below chart as well.

Ineligible Deferred Compensation
Plan 457(f)

Married individuals who filed Maryland returns with married filing separate
status should each complete a separate Form 502R.

Roth IRA - 408A

4. Claimed a pension exclusion on line 10b of Form 502.
Nonresidents are not required to complete and file the Form 502R.

Simplified Employee Pension 408(k)

3. Claimed a pension exclusion on line 10a of Form 502; or

EXCEPTION:	 If	 you	 retired	 on	 disability	 and	 received	 a	
taxable	 disability retirement pension or annuity	 reported	
to	you	on	Form	 1099R	 and	 you	 report	 the	 taxable	 income	 as	
wages	 on	 line	 1	 of	 federal	 Form	 1040	 until	 you	 reach	
minimum	 retirement	 age,	 include	 this	 amount	 of	 taxable	
income	on	line	1	of	Part	4.
Part 5:	 Complete Part 5 if you or your spouse received Social Security
or Railroad Retirement benefits (Tier I or Tier II). Enter the
gross amount of those benefits received during the tax year (do
not enter the taxable amount only) in the appropriate column.

Rollover IRA consisting entirely of
contributions from a defined benefit
plan

2. Received any income during the tax year (taxable or non-taxable)
from Social Security or Railroad Retirement (Tier I or Tier II);

DO	 NOT	 include	 any	 benefits	 received	 from	 Social	
Security	and/or	Railroad	Retirement,	Tier	I	and	Tier	II,	in	Part	
4.	Those	benefits	should	be	included	on	line	9	of	Part	5.

Traditional Individual Retirement
Account or Annuity (IRA)

1. Reported income from a pension, annuity or individual retirement
account or annuity (IRA) on your federal income tax return (lines 4b
and 5b of federal Form 1040);

SIMPLE Individual Retirement
Annuity - 408(b)

502R

2023

RETIREMENT INCOME

SIMPLE Individual Retirement
Account - 408(p)

MARYLAND
FORM

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X

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