MD Comptroller 515 2019 free printable template

If line 13 is 0 or less enter 0 on line 18 and on Form 515 line Return to Form 515 to complete remainder of return. d. Line 4. Enter the amount from Form 515 line 21. Line 5. Enter Taxable Military Income of a nonresident from Line 6a. Enter the amount of your subtractions from line 23 of Form 515. Enter the local rate in the space provided for the rate on Form 515 line 39 then return to this form. Multiply line 13 by this local tax rate and enter this amount on line 18 and on Form 515 line 39....Line 2 Enter your federal adjusted gross income as reported in Column 1 of line 17 of your Form 515. 3. AGI factor. Divide line 2 by line 1 and enter on Form 515 line 30. If less than 0 or greater than 1. Line 1 Enter the exemption amount to be reported on line 29 of Form 515 using the chart in Instruction 9. Factor from line 9 of Form 515. D. TAXES PAID AND CREDITS. Write your taxes paid and credits on lines 48-51. The appropriate amounts on lines 22 and 23 and the total on line 24 of Form 515....Instructions for each line Line 22. OR FISCAL YEAR BEGINNING Print Using Blue or Black Ink Only FOR NONRESIDENTS EMPLOYED IN MARYLAND WHO RESIDE IN JURISDICTIONS THAT IMPOSE A LOCAL INCOME OR EARNINGS TAX ON MARYLAND RESIDENTS TAX RETURN MARYLAND FORM Your Social Security Number 2018 ENDING Spouse s Social Security Number Your First Name MI Your Last Name Spouse s First Name Maryland County Place CHECK or MONEY ORDER on top of your W-2 wage and tax statements and ATTACH HERE with ONE staple....Spouse s Last Name City Town or Taxing Area Name of county and incorporated city town or special taxing area in which you were employed on the last day of the taxable period. See Instruction 6. Current Mailing Address - Line 1 Street No* and Street Name or PO Box City or Town State ZIP Code 4 FILING STATUS See Instruction 1 and 2 to determine if you are required to file. CHECK 1. ONE BOX 2. Single If you can be claimed on another person s tax return use Head of household Filing Status 6....Qualifying widow er with dependent child Married filing joint return or spouse had no income Dependent taxpayer Enter 0 in Exemption Box A - See Instruction 7. RESIDENCE INFORMATION See Instruction 8. Enter 2-letter state code for your state of legal residence. If PA resident enter both County and City Borough or Township Were you a resident of another state for the entire year of 2018 If no attach explanation* Yes No Are you or your spouse a member of the military Yes No Did you file a Maryland...income tax return for 2017 If Yes was it a Resident or a Nonresident return Dates you resided in Maryland for 2018. If none enter NONE FROM TO MMDDYYYY. Check here for Maryland taxes withheld in error. See Instruction 4. EXEMPTIONS See Instruction 9. Check appropriate box es. NOTE If you are claiming dependents you must attach the Dependents Information Form 502B to this form in order to receive the applicable exemption amount. A. Yourself Spouse Enter number checked B. 65 or over Blind Enter...number checked C. Enter number from line 3 of Dependent Form 502B D.

Instructions and Help about MD Comptroller 515

How to edit MD Comptroller 515

How to fill out MD Comptroller 515

Instructions and Help about MD Comptroller 515

How to edit MD Comptroller 515

Editing the MD Comptroller 515 can enhance clarity and accuracy. Use pdfFiller to seamlessly adjust any fields as needed. Ensure that all changes comply with current tax regulations to avoid errors.

How to fill out MD Comptroller 515

Filling out the MD Comptroller 515 requires careful attention to detail. Gather all necessary information before starting, and follow these steps:

1. Download the MD Comptroller 515 form.
2. Provide basic identifying details such as your name and tax identification number.
3. Collect transaction details that need to be reported.
4. Verify all entries for accuracy.
5. Sign and date the form upon completion.

About MD Comptroller previous version

What is MD Comptroller 515?

What is the purpose of this form?

Who needs the form?

When am I exempt from filling out this form?

Components of the form

What are the penalties for not issuing the form?

What information do you need when you file the form?

Is the form accompanied by other forms?

Where do I send the form?

About MD Comptroller previous version

What is MD Comptroller 515?

The MD Comptroller 515, or the 'Income Tax Withholding Exemption Certificate,' is a form used for specifying withholding exemptions in Maryland. It helps employers understand how much state tax to withhold from employee wages.

What is the purpose of this form?

The MD Comptroller 515 serves to inform employers of the number of exemptions an employee claims. The accurate completion of this form ensures that the correct amount of state tax is withheld from paychecks, thus avoiding underpayment or overpayment of taxes by employees.

Who needs the form?

Employees who wish to claim exemptions from state income tax withholding must complete the MD Comptroller 515. This includes individuals with multiple jobs or those who expect to owe little to no state tax after filing.

When am I exempt from filling out this form?

You may be exempt from filling out the MD Comptroller 515 if you had no Maryland income tax liability in the previous year and expect none in the current year. Additionally, certain types of income may not require withholding, thus eliminating the need for this form.

Components of the form

The MD Comptroller 515 consists of several key sections, including personal identification details, exemption claims, and signature lines. Each section must be filled out accurately to fulfill IRS requirements.

What are the penalties for not issuing the form?

Failing to issue the MD Comptroller 515 or misreporting information can result in penalties. Employers may face fines and be required to cover unpaid tax liabilities if withholding is incorrectly managed due to improper form submission.

What information do you need when you file the form?

When filing the MD Comptroller 515, you will need: your legal name, address, Social Security number or federal employer identification number, and the number of exemptions you are claiming. Ensure that this information corresponds to what is on other tax documents to prevent discrepancies.

Is the form accompanied by other forms?

The MD Comptroller 515 does not typically require accompanying forms. However, if you are claiming specific deductions or credits, be prepared to submit supplemental documentation as necessary.

Where do I send the form?

Completed MD Comptroller 515 forms should be filed with your employer, who will then use the information to adjust withholding amounts. Employers are responsible for submitting any necessary state tax documentation to the Maryland Comptroller's office.

FAQ about MD Comptroller 515

What should I do if I need to amend my submitted Maryland Form 515?

If you need to amend your Maryland Form 515 after submission, you will have to complete a new version of the form, marking it as amended. Ensure that you include any necessary corrected information and clearly indicate that it is an amendment. After completing the amended form, submit it following the original submission method you used, whether by mail or e-file.

How can I verify the status of my submitted Maryland Form 515?

To check the status of your submitted Maryland Form 515, you can contact the Maryland state taxation authority directly through their official website or customer service line. Additionally, if you e-filed, you may be able to track your submission status through the software you used or via the state e-file portal to identify whether it has been received and processed.

What common mistakes should I avoid when filing Maryland Form 515?

Common mistakes when filing the Maryland Form 515 include incorrect taxpayer identification numbers, missing signatures, and failing to report all required types of income. To avoid these errors, double-check all entries, ensure all supporting documents are included, and confirm that the form is signed before submission.

Are e-signatures acceptable for Maryland Form 515 submissions?

Yes, e-signatures are generally acceptable for Maryland Form 515 submissions, especially for forms filed electronically. However, ensure that you follow the e-file provider's guidelines for capturing and submitting your e-signature securely to comply with state regulations.

What should I do if I receive a notice or audit related to my Maryland Form 515?

If you receive a notice or audit regarding your Maryland Form 515, review the correspondence carefully to understand the issues raised and gather any requested documentation. It's advisable to respond promptly, addressing each point raised in the notice, and, if uncertain, consider consulting a tax professional for assistance.