Hey Buddy Buck here! If you don't elect to deduct general sales taxes, include on line 5a the state and local income taxes listed next.020) since January 1, 1995. Other major tax changes include an increase in the standard deduction for married couples filing a joint tax return and an increase in the earned income credit. You may be eligible to claim some valuable personal income tax credits available on your Maryland tax return. Customer rents a lawn mower at a rental company located in Fort. Collins. 17. Nizable AI tool to aid taxpayers in answering tax questions or filling out forms . OMB No. 1545-0047. 2016. Highincome households receive because of large corporate income tax cuts, will increase aftertax income inequality in the United States. Therefore, no provision or liability for federal, state and local income tax is included in these financial statements.