Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
2Activity
0 of .
Results for:
No results containing your search query
P. 1
MD Resident Tax Booklet 2009

MD Resident Tax Booklet 2009

Ratings: (0)|Views: 977|Likes:
Published by galaxian
This is the tax income tax instruction booklet for the residents of the state of Maryland. This is for the year 2009.
This is the tax income tax instruction booklet for the residents of the state of Maryland. This is for the year 2009.

More info:

Published by: galaxian on Mar 22, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

03/21/2010

pdf

text

original

 
Peter Franchot, Comptroller
MARYLAND 2009
STATE & LOCAL TAX FORMS & INSTRUCTIONS
For fling personal state and local income taxes or ull- or part-year Maryland residents
Message rom the Comptroller .............................iFiling Electronically ............................................iiAvoiding Common Errors ...................................iiGetting Help .......................................................iiReceiving Your Reund........................................iiPaying Your Taxes ...............................................iiAssembling Your Return ....................................iiiContribution Options .........................................iiiInstructions or Forms 502 & 503 ...................1-17 Tax Tables ....................................................18-24Homeowners Property TaxCredit Program..................................................25Index o Instructions ................Inside Back Cover Tax Inormation & Assistance .............Back Cover
INSIDE
New for 2009
•
 Work-Based Learning Program Tax Credit
•
New Electronic Mandate or Certain Preparers
•
Interest on US Obligations or Certain High Income Taxpayers Subtraction
Support your community. Participate in Census 2010.
 It’s in OUR Hands Maryland!
 Visit
www.census.state.md.us
for more information.
Four Fast and Easy Ways to FILE ELECTRONICALLY See Page iiFormas en Español - Visite nuestro sitio Web en www.marylandtaxes.compara obtener formas e instrucciones en Español.
 
i
 A Message from Comptroller Peter Franchot 
Dear Maryland Taxpayer:Over the past year, we have remained steadast in our commit-ment to making the process o fling taxes easier and more efcient.Despite the challenges aced due to the economic recession, the Comp-troller’s Ofce has continued to make strides in fnding ways to servethe interests o you, the taxpayers.Last year, we processed more than 2.6 million tax returns – in-cluding more than 1.6 million electronically fled returns – and issued2.2 million reunds, totaling more than $2.2 billion. With many Mary-land businesses and amilies tightening their belts to make ends meet,that is money that goes a long way. That is why I encourage you to consider fling your individual state taxes electronically using ouragency’s
iFile 
program. Upon selecting the icon on our Web site,
iFile 
oers step-by-step assistance incompleting your Maryland income tax return or FREE. Most importantly, it will allow you to receive areund within 72 hours should you choose the direct debit option.Again this year, my ofce has not been able to hire the number o temporary employees tradition-ally hired in past tax seasons to open and process paper returns due to tight budget times acing every state agency. Because o this, e-fling your return is the surest way to guarantee that your hard-earnedmoney is returned in just a ew days as opposed to 4-6 weeks.I am proud o the long-standing tradition o excellence established by the 1,100 employees o thisagency, who work every day to ensure that you receive knowledgeable and timely service as you go aboutthe business o building Maryland’s economy. As Comptroller, I pledge to continue being an indepen-dent voice and fscal watchdog, always looking out or the long-term fscal health o our great state. Peter Franchot
 
 WHAT’S NEW FOR 2009
 
Underpayment o Estimated Income Tax:
Estimated taxpayments made by individuals or tax year 2009 must be at least90% o the tax developed or the current year or 110% o the taxthat was developed or the prior year. 
FILING ELECTRONICALLY 
 
Go Green!
eFile saves paper. In addition, you will receive yourreund aster, receive an acknowledgement that your return hasbeen received, and i you owe - you can extend your paymentdate until April 30
th
i you both eFile and make your paymentelectronically. 
Security:
 Your inormation is transmitted securely when youchoose to fle electronically. It is protected by several security measures, such as multiple frewalls, state o the art threatdetection and encrypted transmissions. 
iFile:
Free internet fling is available or Maryland income taxreturns with no limitation. Visit
 www.marylandtaxes.com
andclick iFile or eligibility. 
PC Retail Sotware:
Check the sotware requirements todetermine eFile eligibility beore you purchase commercial o-the-shel sotware. Use sotware or link directly to a providersite to prepare and fle your return electronically. 
eFile:
Ask your proessional tax preparer to eFile your return. You may use any tax proessional who participates in theMaryland Electronic Filing Program. 
IRS Free File:
Free internet fling is available or ederalincome tax returns; some income limitations may apply. Visit
 www.irs.gov 
or eligibility. Fees or state tax returns may alsoapply; however, you can always return to
 www.marylandtaxes.com
to use the ree iFile internet fling or Maryland income taxreturns ater using the IRS Free File or your ederal return.
ii
GETTING HELP
 
 Tax Forms, Tax Tips, Brochures and Instructions:
 
 Theseare available online at
 www.marylandtaxes.com
and at many libraries, post ofces and branch ofces o the Comptroller(see back cover). For orms only, call 410-260-7951.
 Telephone:
Monday - Friday, 8:00 a.m. - 8:00 p.m. romFebruary 1 - April 16, 2010.From Central Maryland, call 410-260-7980. From otherlocations, call 1-800-MDTAXES (1-800-638-2937).
E-mail:
Contact
taxhelp@comp.state.md.us
 
Extensions:
 
 To telefle an extension, call 410-260-7829; to flean extension online, visit
 www.marylandtaxes.com
.
 AVOIDING COMMON ERRORS
 
Social Security Numbers:
 
Enter each Social Security numberin the space provided at the top o your tax return. Also enterthe Social Security number or children and other dependents. This year the Social Security number will be validated by theIRS beore the return has completed processing.
 
Local Tax:
 
Use the correct local income tax rate or where youlived on December 31, 2009. See Instruction 19.
 
Original Return:
Please send only your original completedMaryland tax return. Photocopies can delay processing o yourreund.
I you fled electronically, do not send a paper return.
 
Federal Forms:
Do not send ederal orms or schedules orcopies o ederal orms or schedules.
 
Photocopies:
Remember to keep copies o all ederal ormsand schedules and any other documents that may be requiredlater to substantiate your Maryland return.
 
Ink:
Use only 
blue
or
black 
ink to complete your return. Donot use pencil. 
 Attachments:
Please make sure to send all wage statementssuch as W2’s and 1099’s. 
Colored Paper:
 
Do not print the Maryland return on coloredpaper. 
Bar Codes:
Do not staple or destroy the bar code. 
PAYING YOUR TAXES
 
Direct Debit:
I you fle electronically and have a balancedue, you can have your income tax payment deducted directly rom your bank account. This ree service allows you tochoose your payment date, anytime until April 30, 2010. Visit
 www.marylandtaxes.com
or details. 
Bill Pay Electronic Payments:
 
I your paper or electronictax return has a balance due, you may pay electronically at
 www.marylandtaxes.com
by selecting BillPay. The amountthat you designate will be debited rom your bank or fnancialinstitution on the date that you choose. 
Checks and Money Orders:
 
Make check or money orderpayable to Comptroller o Maryland. We recommend youinclude your Social Security number on your check or money order. 
Major Credit Cards:
Pay your balance due, estimated tax orextension payment with MasterCard®, VISA®, Discover® orAmericanExpress®. I you fled a 2008 Maryland income taxreturn, call 1-800-2PAYTAX 
SM
(1-800-272-9829) and enter Jurisdiction Code 3000 when prompted or visit
 www.ofcialpayments.com
. I you did not fle a Marylandreturn in 2008, you must make your credit card paymentonline at
 www.ofcialpayments.com
. Both options will beprocessed by Ofcial Payments Corporation, a private creditcard payment services provider. A convenience ee will becharged to your credit card. The state will not receive this ee. You will be inormed o the exact amount o the ee beore you complete your transaction. Ater you complete yourtransaction, you will be given a confrmation number to keep with your records.
RECEIVING YOUR REFUND
Direct Deposit:
 
 To have your reund deposited in your bank or other fnancial account, enter your account and routingnumbers at the bottom o your return.
 
Check:
 
Unless otherwise requested, we will mail you a papercheck.
 
Reund Inormation:
 To request inormation about yourreund, see
On-Line Services
at
www.marylandtaxes.com
,or call 410-260-7701 rom central Maryland. From otherlocations, call 1-800-218-8160
 
Check with your fnancial institution to make sure your direct deposit will be accepted and to get thecorrect routing and account numbers. The State o Maryland is not responsible or a lost reund i youenter the wrong account inormation.
!
CAUTION

Activity (2)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->