Md form 506 2025

See details

4.9 out of 5

55 votes

The document is a Maryland Employer Return of Income Tax Withheld form, used for reporting and correcting amounts of state income tax withheld from employees. It includes sections for previously reported amounts, corrected amounts, credits or overpayments, and underpayments. The form requires certification of accuracy by the signer.

Here's how it works

01. Edit your mw506 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send mw506m via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out md form 506 with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the md form 506 in the editor.
Begin by entering your FEIN (Federal Employer Identification Number) at the top of the form. This is essential for identifying your business.
Fill in the CR # (Customer Reference Number) if applicable, followed by the correction period in MM format.
Indicate if this is an amended return by checking the appropriate box and enter the year of the return in YYYY format.
Report previously reported Maryland state income tax withheld and remitted amounts in their respective fields.
Enter corrected amounts for Maryland state income tax withheld, along with any credit or overpayment details.
Complete sections for refund requests or underpayment/remittance as necessary.
Certify your information by providing your telephone number, date, signature, and title at the bottom of the form.

Start using our platform today to fill out md form 506 easily and for free!

See more md form 506 versions

We've got more versions of the md form 506 form. Select the right md form 506 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.6 Satisfied (34 Votes)
2022	4.9 Satisfied (32 Votes)
2021	4.9 Satisfied (55 Votes)
2020	4.3 Satisfied (176 Votes)
2019	4.1 Satisfied (58 Votes)
2017	4.2 Satisfied (61 Votes)
2016	4.3 Satisfied (43 Votes)
2016	4.4 Satisfied (160 Votes)
2015	4 Satisfied (46 Votes)
2014	4 Satisfied (41 Votes)
2011	4 Satisfied (29 Votes)
2007	4 Satisfied (42 Votes)
2002	4 Satisfied (48 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How many Maryland exemptions should I claim?

Families who can claim exemptions for themselves, their spouses, and their dependents are most likely to have 3-5 exemptions.

Should I claim exemption from withholding in Maryland?

whose annual income will be below the minimum filing requirements (annual income less than $9,350 for 2011) should claim exemption from withholding. This provides more income throughout the year and avoids the necessity of filing a Maryland income tax return.

How to fill out employees Maryland withholding exemption certificate form MW507?

MW-507 Instructions Complete all the fields of the general information section (Name, Social Security Number if any, Address, and County). Line 1 - Complete line 1 using the worksheet on page 2. Line 2 - Complete this line only if you want additional taxes taken out of your paycheck. Lines 3-8. Sign and date the form.

What is the Maryland form 506?

This form is used to determine the amount of income tax withholding due on the sale of property and provide for its collection at the time of the sale or transfer.

How to answer claim exemption from withholding?

To claim exempt, write EXEMPT under line 4c. You may claim EXEMPT from withholding if: o Last year you had a right to a full refund of All federal tax income and o This year you expect a full refund of ALL federal income tax. NOTE: if you claim EXEMPT you must complete a new W-4 annually in February.

maryland form 506

Md form 506 instructions Md form 506 pdf How to fill out md form 506 Md form 506 2021 Md form 506 pdf download Md form 506 online Md form 506 download MD withholding Form 2025

What is form 502CR in Maryland?

To claim a credit for taxes paid to the other state, complete Form 502CR and attach it and a copy of the other states nonresident income tax return (not just your W-2 Form) to your Maryland return.

What is the exemption amount for Maryland taxes?

EXEMPTION AMOUNT CHART The personal exemption is $3,200. This exemption is reduced once the taxpayers federal adjusted gross income exceeds $100,000 ($150,000 if filing Joint, Head of Household, or Qualifying Widow(er) with Dependent Child).

Should I do an exemption from withholding?

You can claim exemption from withholding only if both the following situations apply: For the prior year, you had a right to a refund of all federal income tax withheld because you had no tax liability. For the current year, you expect a refund of all federal income tax withheld because you expect to have no liability.