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Fill Out Your Maryland 505 Template

The Maryland Nonresident 505 Income Tax Return is a form used by individuals who earned income in Maryland but are residents of another state. This form allows nonresidents to report their Maryland income and calculate their tax obligations accordingly. If you need to file this form, click the button below to get started.

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Dos and Don'ts

When filling out the Maryland 505 form, it is crucial to approach the process with care and attention to detail. Here are seven important dos and don'ts to keep in mind.

Do ensure that all personal information is accurate, including your name, address, and Social Security number.
Do double-check your filing status to determine the correct exemption amounts.
Do provide all required income information, including wages, interest, and any other relevant earnings.
Do review the instructions carefully to ensure you are using the correct method for deductions.
Don't leave any sections blank; if a question does not apply to you, indicate that by writing "N/A."
Don't forget to sign and date your form before submission; an unsigned return may be considered invalid.
Don't neglect to keep a copy of your completed form for your records, as it may be needed for future reference.

Misconceptions

Misconception 1: The Maryland 505 form is only for residents of Maryland.

This is not true. The Maryland 505 form is specifically designed for nonresidents who earn income in Maryland. If you reside in another state but have Maryland-source income, you need to use this form to report your earnings and pay any applicable taxes.

Misconception 2: You can file the Maryland 505 form without any documentation.

Filing the Maryland 505 form requires supporting documentation, such as W-2 forms or 1099s that report your income. Proper documentation ensures that your income is accurately reported and helps to avoid any issues with your tax return.

Misconception 3: All nonresidents are taxed at the same rate.

Nonresidents are taxed differently based on their income levels and specific circumstances. The Maryland tax rate for nonresidents is typically 1.25% on taxable income, but it may vary depending on various factors, including deductions and exemptions claimed.

Misconception 4: You cannot claim any deductions or credits on the Maryland 505 form.

This is incorrect. Nonresidents can claim certain deductions and credits on the Maryland 505 form, just like residents. Be sure to review the instructions carefully to understand which deductions apply to your situation.

Misconception 5: The Maryland 505 form must be filed by April 15 every year.

While April 15 is a common deadline for many taxpayers, nonresidents may have different deadlines based on their filing status and specific circumstances. Always check the current year's guidelines to ensure you meet the correct deadline for your tax filing.

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Key takeaways

The Maryland 505 form is specifically designed for nonresidents who need to file an income tax return in Maryland.
When filling out the form, ensure that you provide accurate personal information, including your Social Security number and your spouse's if applicable.
Understand your filing status as it determines your tax obligations. Options include single, married filing jointly, married filing separately, and head of household.
Check the exemptions section carefully. You may qualify for exemptions based on your personal circumstances, which can reduce your taxable income.
Document your income sources accurately. This includes wages, dividends, rental income, and any other earnings.
Be aware of additions and subtractions from your income. This can affect your adjusted gross income and ultimately your tax liability.
Select a detection method for your deductions. You can choose between the standard deduction or itemized deductions based on what benefits you more.
Calculate your taxable net income by subtracting your deductions from your adjusted gross income. This is the amount on which your tax is calculated.
Keep an eye on credits available to you, such as the earned income credit or any other tax credits, as these can reduce your overall tax liability.
Finally, ensure you sign and date the form before submission. If someone else prepared your return, they must also provide their information.

Guidelines on Utilizing Maryland 505

Filling out the Maryland 505 form requires careful attention to detail. This form is used by nonresidents to report income and calculate tax liabilities. Following these steps will help ensure that all necessary information is provided accurately.

Begin by entering your Social Security number and your spouse’s Social Security number, if applicable.
Fill in your first name, middle initial, and last name, followed by your spouse’s name if you are filing jointly.
Provide your present address, including street number, city or town, state, and zip code.
Select your filing status by checking the appropriate box. Refer to the instructions to determine your status.
Complete the exemptions section. Enter the number of exemptions you qualify for and multiply by the exemption amount to find the total.
Indicate your state of legal residence and whether you were a resident for the entire year. If not, provide an explanation.
List any dependents and their Social Security numbers in the designated area.
Record your income information in the appropriate sections, including wages, interest, dividends, and any other income sources. Add up your total income.
Calculate any adjustments to income and subtract them from your total income to find your adjusted gross income.
Follow the instructions to determine your deduction method and complete the relevant lines for standard or itemized deductions.
Calculate your Maryland tax using the tax table or computation worksheet provided in the instructions.
List any credits you may be eligible for and subtract these from your total tax to find your tax after credits.
Complete the payment section, detailing any taxes withheld and estimated tax payments made.
Determine if you have a balance due or an overpayment and fill in the appropriate lines.
If you are expecting a refund, provide your bank information for direct deposit, if desired.
Sign and date the form, and ensure that all information is accurate before submitting.

Form Preview Example

FORM MARYLAND NONRESIDENT 505 INCOME TAX RETURN

OR FISCAL YEAR BEGINNING

2005, ENDING

2005

SOCIAL SECURITY #		SPOUSE’S SOCIAL SECURITY #

Your First Name	Initial	Last Name

Spouse’s First Name	Initial	Last Name

PRESENT ADDRESS (No. and street)

City or Town		State	Zip Code

YOUR FILING STATUS—See Instruction 4 to determine if you are required to file.

EXEMPTIONS — See Instruction 10

Exemption Amount

1. ☐ Single (If you can be claimed on another person’s tax return, use Filing Status 6)

(A) Yourself ☐

Spouse ☐

Enter No.

(A)

× $2,400

$ ______________

Checked

2. ☐ Married filing joint return or spouse had no income

Check here if you are:

Spouse is:

(B) ▶ ☐ ▶ ☐

▶ ☐ ▶ ☐

Enter No.

(B)

× $1,000

$ ______________

▶ 3. ☐ Married filing separately

65 or over

Blind

65 or over

Blind

Checked

4. ☐ Head of household

SPOUSE’S SOCIAL SECURITY NUMBER

Enter

× $2,400

$ ______________

(C)

5. ☐ Qualifying widow(er) with dependent child

Total

Name(s)

Social Security number(s)

6. ☐ Dependent taxpayer (Enter 0 in Exemption Box (A)—See Instruction 8 )

________________________________ __ __ __-__ __-__ __ __ __

RESIDENCE INFORMATION—See Instruction 9

________________________________ __ __ __-__ __-__ __ __ __

Enter your state of legal residence.

Were you a resident for the entire year of 2005?

________________________________ __ __ __-__ __-__ __ __ __

_____________________________

Yes ☐ No ☐

If no, attach explanation.

(D) Other Dependents:

Enter

(D)

× $2,400

$ ______________

No.

Total

Are you or your spouse a member of the military? Yes ☐

No ☐

Regular

65 or over

Did you file a Maryland income tax return for 2004?

Yes ☐

No ☐

Name(s) and Relationship(s)

Social Security number(s)

________________________________ __ __ __-__ __-__ __ __ __

If “Yes,” was it a ☐ Resident or a ☐ Nonresident return?

________________________________ __ __ __-__ __-__ __ __ __

Advise dates you resided within Maryland for 2005. If none, enter “NONE.”

(E) Enter Total Exemptions

▶ (E)

Total

FROM _____________________

TO _____________________

$ _____________

(Add A, B, C and D)

Amount

See Instruction 4 if you’re filing for Maryland taxes withheld in error.

FEDERAL

MARYLAND

NON-MARYLAND

INCOME AND ADJUSTMENTS INFORMATION (See Instruction 11)

INCOME (LOSS)

		1.	Wages, salaries, tips, etc		1
		1.	Wages, salaries, tips, etc	. .
		2.	Taxable interest income		2
		2.	Taxable interest income	. .
		3.	Dividend income		3
		3.	Dividend income	. .
		4.	Taxable refunds, credits or offsets of state and local income taxes . . . .		4
		4.		. .
wageyouroftop	staple.ONE	5.	Alimony received		5
		5.	Alimony received	. .
		6.	Business income or (loss)		6
		6.	Business income or (loss)	. .
		7.	Capital gain or (loss)		7
		7.	Capital gain or (loss)	. .
		8.	Other gains or (losses) (from federal Form 4797)		8
		8.	Other gains or (losses) (from federal Form 4797)	. .
		9.	Taxable amount of pensions, IRA distributions, and annuities		9
		9.		. .
ORDERMONEYorCHECKyourPlaceon	hereattachandstatementstaxandwith	10.	Rents, royalties, partnerships, estates, trusts, etc. (Circle appropriate item)		10
		10.		. .
		11.	Farm income or (loss)		11
		11.	Farm income or (loss)	. .
		12.	Unemployment compensation (insurance)		12
		12.	Unemployment compensation (insurance)	. .
		13.	Taxable amount of social security and tier 1 railroad retirement benefits		13
		13.		. .
		14.	Other income (including lottery or other gambling winnings)		14
		14.	Other income (including lottery or other gambling winnings)	. .
		15.	Total income (Add lines 1 through 14)		15
		15.	Total income (Add lines 1 through 14)	. .
		16.	Total adjustments to income from federal return (IRA, alimony, etc.) . . . .		16
		17.	Adjusted gross income (Subtract line 16 from 15)	▶ 17
		17.	Adjusted gross income (Subtract line 16 from 15)
		ADDITIONS TO INCOME (See Instruction 12)				Dollars	Cents
		ADDITIONS TO INCOME (See Instruction 12)
		18.	Non-Maryland loss			18
		18.	Non-Maryland loss	. . .	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
		19.	Other (Enter code letter(s) from Instruction 12)			19
		19.	Other (Enter code letter(s) from Instruction 12)	. . .	. . . . . . . . . . .
		20.	Total additions (Add lines 18 and 19)		▶	20
		20.	Total additions (Add lines 18 and 19)	. . .	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
		21.	Total federal adjusted gross income & Maryland additions (Add lines 17 (Column 1) and 20)			21
		SUBTRACTIONS FROM INCOME (See Instruction 13)

			22
22.	Non-Maryland income
			23
23.	Other (Enter code letter(s) from Instruction 13)
		▶	24
24.	Total subtractions (Add lines 22 and 23)
25.	Maryland adjusted gross income (Subtract line 24 from line 21)		25

DEDUCTION METHOD (All taxpayers must select one method and check the appropriate box)

☐ 26a

STANDARD DEDUCTION METHOD See Instruction 15 and worksheet. Enter amount on line 26a ▶

ITEMIZED DEDUCTION METHOD Complete lines 26b, c and d☐

26b

Total federal itemized deductions (from line 28 federal Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

26c

State and local income taxes included in federal Schedule A, line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

26d

Net itemized deductions (Subtract line 26c from line 26b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

26. Deduction amount (Multiply lines 26a or 26d by the MD income factor) 26e.		(from worksheet in Instruction 14 ) . . .	▶

COM/RAD-022 05-49

FORM		MARYLAND NONRESIDENT
505		MARYLAND NONRESIDENT
505		INCOME TAX RETURN
	2005
		Name ___________________________________________ SS# ____________________________________________
27.	Net income (Subtract line 26 from line 25)
28.	Total exemption amount (from EXEMPTIONS area, page 1) See Instruction 10
29.	Enter your Maryland income factor (from worksheet in Instruction 14)
30.	Maryland exemption allowance (Multiply line 28 by line 29)
31.	Taxable net income (Subtract line 30 from line 27) Figure tax on this amount

MARYLAND TAX COMPUTATION

32a. Maryland tax (from Tax Table or Computation Worksheet) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

32b. Special nonresident tax. Multiply line 31 by .0125 (1.25%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

32c. Total Maryland tax. (Add lines 32a and 32b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

▶

33.	Earned income credit from worksheet in Instruction 20			.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
34.	Poverty level credit from worksheet in Instruction 20															▶
34.	Poverty level credit from worksheet in Instruction 20		.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
35.	Other income tax credits for individuals from Part G, line 8 of Form 502CR. (Attach Form 502CR)
36.	Business tax credits (Attach Form 500CR)															▶
36.	Business tax credits (Attach Form 500CR)		.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
37.	Total credits (Add lines 33 through 36)			.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
38.	Maryland tax after credits (Subtract line 37 from line 32c) If less than 0, enter 0. . . .							. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
																▶
39.	Contribution to Chesapeake Bay and Endangered Species Fund (See Instruction 21)															▶
39.								. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
40.	Contribution to Fair Campaign Financing Fund (See Instruction 21)															▶
40.				.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
41.	Contribution to Maryland Cancer Fund (See Instruction 21)															▶
41.	Contribution to Maryland Cancer Fund (See Instruction 21)			.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
42.	Total Maryland income tax and contributions (Add lines 38 through 41)				. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
																▶
43.	Total Maryland tax withheld (Enter total from and attach your W-2 and 1099 forms if MD tax is withheld)															▶
43.													. .
44.	2005 estimated tax payments, amount applied from 2004 return and payment made with an extension request Form 502E															▶
44.													. .
45.	Refundable earned income credit from worksheet in Instruction 20															▶
45.				.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
46.	Nonresident tax paid by pass-through entities (Attach Schedule K-1 or other statement)														▶
46.
47.	Refundable income tax credits from Part H, line 5 of Form 502CR (Attach Form 502CR. See Instruction 22)														. .
48.	Total payments and credits (Add lines 43 through 47)			.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .

																▶
49.	Balance due (If line 42 is more than line 48, subtract line 48 from line 42)															▶
49.				.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
50.	Overpayment (If line 42 is less than line 48, subtract line 42 from line 48)															▶
50.				.	. . .	. . . . .		. . .	. .	. . . . .	. . . . . . . . . . . . . . . . . . . . . . . . . .				. .
51.	Amount of overpayment TO BE APPLIED TO 2006 ESTIMATED TAX						▶	51
51.	Amount of overpayment TO BE APPLIED TO 2006 ESTIMATED TAX			.	. . . .		.

52.	Amount of overpayment TO BE REFUNDED TO YOU (Subtract line 51 from line 50)											REFUND ▶
52.
53.	Interest charges from Form 502UP		or for late filing								(See Instruction 23) Total					▶
53.	Interest charges from Form 502UP		or for late filing								(See Instruction 23) Total					▶
54.	TOTAL AMOUNT DUE (Add line 49 and line 53)			IF $1 OR MORE, PAY IN FULL WITH THIS RETURN.

For credit card payment check here		and see Instruction 25. Direct debit is available only if you file electronically.

DollarsCents

32a

32b

32c

DIRECT DEPOSIT OF REFUND (See Instruction 23) Please be sure the account information is correct.

55. To choose the direct deposit option, complete the following information:

55a. Type of account: ▶

Checking

Savings

55b. Routing number ▶

55c. Account number ▶

Daytime telephone no.		Home telephone no.	CODE NUMBERS (3 digits per box)

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and			Make checks payable to: COMPTROLLER OF MARYLAND.
statements and to the best of my knowledge and belief it is true, correct and complete. If prepared by a person			It is recommended that you include your social security no. on
other than taxpayer, the declaration is based on all information of which the preparer has any knowledge. Check			check using blue or black ink. Mail to: Comptroller of Maryland,
here	if you authorize your preparer to discuss this return with us.		Revenue Administration Division, Annapolis, Maryland 21411-0001

Your signature

Date

▶

Preparer’s SSN or PTIN

Signature of preparer other than taxpayer

Spouse’s signature

Date

Address and telephone number of preparer

COM/RAD-022 05-49

Common mistakes

Incorrect Filing Status: Choosing the wrong filing status can lead to significant errors. Ensure you select the status that accurately reflects your situation, whether it's single, married filing jointly, or head of household.
Missing Social Security Numbers: Forgetting to include your Social Security number or your spouse’s can delay processing. Double-check that both numbers are entered correctly.
Overlooking Exemptions: Many people fail to claim all eligible exemptions. Review the exemption section carefully to ensure you’re maximizing your deductions.
Incorrect Income Reporting: Reporting income inaccurately can lead to penalties. Be meticulous when entering wages, interest, and other income sources.
Ignoring Residency Information: Failing to provide accurate residency information can complicate your tax return. Clearly indicate the dates you resided in Maryland during the tax year.
Neglecting to Sign the Form: It may seem trivial, but forgetting to sign your return can result in it being considered invalid. Make sure to sign and date the form before submission.
Using Incorrect Deduction Methods: Not selecting the appropriate deduction method can affect your taxable income. Familiarize yourself with the standard versus itemized deductions to choose wisely.
Failure to Attach Required Documents: Not including necessary documents, like W-2s or 1099s, can lead to processing delays. Always attach required forms to support your income claims.

Free Maryland 505 PDF

Learn More on This Form

What is the Maryland 505 form?

The Maryland 505 form is a tax return specifically designed for nonresidents who earn income in Maryland. This form allows individuals to report their income, calculate taxes owed, and claim any exemptions or credits available to them. It is essential for ensuring compliance with Maryland tax laws for those who do not reside in the state but have taxable income sourced from it.

Who needs to file the Maryland 505 form?

Nonresidents who have earned income in Maryland must file the Maryland 505 form. This includes individuals who worked in Maryland, received income from Maryland-based businesses, or had other sources of income connected to the state. It’s important to determine your filing status and whether you meet the income thresholds requiring you to file.

What information do I need to complete the Maryland 505 form?

To complete the Maryland 505 form, you will need personal information such as your Social Security number, your spouse’s Social Security number (if applicable), and your current address. Additionally, gather details about your income, including wages, interest, dividends, and any other taxable income. You’ll also need to know about any exemptions you may qualify for and any Maryland taxes withheld from your income.

How do I determine my filing status on the Maryland 505 form?

Your filing status is determined based on your marital status and whether you can be claimed as a dependent on someone else's tax return. The form provides options for various statuses, including single, married filing jointly, married filing separately, head of household, and qualifying widow(er). Carefully review the instructions provided to ensure you select the correct status.

What are exemptions, and how do I claim them on the Maryland 505 form?

Exemptions reduce your taxable income and can lower your overall tax liability. On the Maryland 505 form, you can claim exemptions for yourself, your spouse, and any dependents. Each exemption has a specific dollar amount, which is indicated on the form. Be sure to check the instructions to understand how to calculate and enter your exemptions correctly.

What should I do if I owe taxes or expect a refund?

If you owe taxes, the Maryland 505 form will guide you on how to calculate the amount due. You can make a payment online or send a check with your completed form. If you expect a refund, you can choose to have it directly deposited into your bank account by providing your account information on the form. Make sure to double-check all details to avoid delays in receiving your refund.

Where do I send my completed Maryland 505 form?

Your completed Maryland 505 form should be mailed to the Comptroller of Maryland, Revenue Administration Division, in Annapolis. The exact address is provided on the form. Ensure that you send it well before the tax deadline to avoid any penalties or interest for late filing.