Maryland has a biotech credit that is a refundable credit for 50% of an investment in a Maryland Biotech firm. If requires the use of Maryland Form 500CR. You need to support it as it has to be e-filed and currently ProSeries does not support the form. I currently have to use Ultra Tax which is a very expensive piece of poorly designed software.
Agreed. As an approved MD efiling software, it's unacceptable that Proseries doesn't have a required form. Form 500CR a business form that is required for certain individuals and it's only included in business returns in Proseries. I don't think the other commenter understands the issue (but the statement is correct).
