Get the up-to-date md form 506 2025 now

Show details

4 out of 5

48 votes

The document is an Employer's Return of Income Tax Withheld form (MW 506A) issued by the Comptroller of Maryland. It is used to report and correct the amount of Maryland State Income Tax withheld from employees' wages for a specific period and year. The form includes sections for reporting previously reported amounts, remittances, overpayments, and underpayments, along with a declaration statement that must be signed by the employer.

Here's how it works

01. Edit your maryland form 506 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 it via email, link, or fax. You can also download it, export it or print it out.

The best way to edit Md form 506 in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Handling paperwork with our extensive and intuitive PDF editor is straightforward. Follow the instructions below to complete Md form 506 online quickly and easily:

Sign in to your account. Log in with your credentials or create a free account to try the product before upgrading the subscription.
Upload a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Md form 506. Effortlessly add and highlight text, insert images, checkmarks, and icons, drop new fillable areas, and rearrange or remove pages from your document.
Get the Md form 506 completed. Download your updated document, export it to the cloud, print it from the editor, or share it with other participants through a Shareable link or as an email attachment.

Take advantage of DocHub, the most straightforward editor to rapidly manage your documentation online!

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.

What happens if you exempt state withholding?

Claiming tax-exempt from state income tax withholding means that the employee wont pay income tax in a specific state as long as they qualify for the exemption.

What is MD MW506 form?

The 7.75 percent tax must be paid to the Comptroller of Maryland with Form MW506 (Employers Return of Income Tax Withheld). If the payor of the distribution is not currently registered with the Comptroller and has not established a withholding account, the payor can register online.

What does it mean to be exempt from Maryland withholding?

Exemption from withholding. You may be entitled to claim an exemption from the withholding of Maryland income tax if: a. last year you did not owe any Maryland income tax and had a right to a full refund of any tax withheld; and b.

What are the four types of taxes withheld from Maryland paychecks?

In Maryland, employers are required to pay both state and federal payroll taxes. These payroll taxes include Federal Income Tax (FIT), Social Security and Medicare taxes, and State Unemployment Insurance Tax. Employers must also withhold the employees share of Social Security and Medicare tax from their paycheck.

Should I claim exemption from withholding in Maryland?

Exemption from withholding. You may claim exemption from withholding for 2022 if you meet both of the following conditions: you had no federal income tax liability in 2021 and you expect to have no federal income tax liability in 2022.

Who is exempt from Maryland state income tax?

Personal exemptions: For tax year 2023, there have been no changes affecting personal exemptions on Maryland returns. The exemption amount of $3,200 begins to be phased out if the federal adjusted gross income (AGI) is more than $100,000 ($150,000 for joint taxpayers).

How much is employer payroll tax in Maryland?

For 2024: The rate for new employers is 2.60%. The rate for a foreign contractor (new construction employers headquartered in another state) is 3.30%. The standard (employer) rate is 7.50%.

Should I put that I am exempt from withholding?

Just say no. Even if you end up being exempt because your pay over the year is low enough, it wont matter because your employer wont withhold any taxes either way.

Get the up-to-date md form 506 2025 now

Here's how it works