Form 502xs Draft - Maryland Short Amended Tax Return

INSTRUCTIONS

MARYLAND SHORT AMENDED TAX RETURN

FORM 502XS

identification number (PTIN) . The preparer

SPECIFIC INSTRUCTIONS

GENERAL INSTRUCTIONS

declares that the return is based on all infor-

FOR PAGE 1

mation required to be reported of which the

preparer has knowledge, under the penalties

PURPOSE OF FORM

If you are using Form 502XS to change the

Form 502XS is used by certain eligible tax-

of perjury . Penalties may be imposed for tax

number of exemptions from your previously

preparers who fail to sign the tax return and

payers as a means to simplify the filing of

filed return, turn to Part II of page 2 and fol-

their amended tax return .

provide their Social Security number or PTIN .

low the Specific Instructions for Page 2 .

The instructions included here should

ATTACHMENTS

Otherwise, begin with the step-by-step

enable you to complete a short amended

Be sure to attach wage and tax statements

instructions below:

return for tax year beginning 01/01/2011 . If

(Forms W-2 and 1099) to the front of your

for any reason you find yourself ineligible to

Step 1 – Complete name, address, Social

return if you are claiming additional Maryland

file this amended tax return you must file

Security number, and county area at the

withholding tax . Be sure to attach all forms,

Form 502X to amend your tax return .

top of page 1 of Form 502XS .

schedules and statements required by these

Changes made as part of an amended

instructions .

return are subject to audit for up to three

Step 2 – Check the box or boxes to indi-

years from the date that the amended return

cate the items you are amending .

USE OF FEDERAL FIGURES

is filed .

A presumption is made that your amendment

Step 3 – Complete lines 1 through 5 Col-

is based upon federal figures . Therefore, all

WHEN AND WHERE TO FILE

umns A, B and C for each item you

items reported on your Maryland return are

Generally, Form 502X or Form 502XS must be

are amending . Enter in Column A the

subject to verification, audit and revision by

filed within 3 years from the date the original

amount originally reported or as previously

the Maryland Comptroller’s Office .

return was due or filed . A return filed before

adjusted . In Column B, enter the amount

the due date is considered to have been filed

of change as either an increase or

PRIVACY ACT INFORMATION

on the date it was due . Please refer to the

decrease . Reflect decreases with the use

The Revenue Administration Division requests

instructions for Form 502X to read about the

of parentheses ( ) .

information on tax returns to administer the

exceptions that apply .

income tax laws of Maryland, including

If a change in federal adjusted gross

The amended return must be filed with:

determination and collection of correct

income necessitates a change in your

Comptroller of Maryland

taxes . If you fail to provide all or part of the

itemized deductions, enter this change

Revenue Administration Division

requested information, the exemptions,

on line 3 .

110 Carroll Street

exclusions, credits, deductions or adjust-

Annapolis, MD 21411-0001 .

ments may be disallowed and you may owe

If you are changing your exemptions, enter

more tax . In addition, the law provides

on line 4 the amount from page 2, Part II,

WHO MAY FILE FORM 502XS

penalties for failing to supply information

Column B, line 14 . Remember to complete

Form 502XS is a limited use form . Only tax-

required by law or regulations . You may

Part II of page 2 of Form 502XS ONLY if

payers who are residents for the entire tax

look at any records held by the Revenue

you are changing your exemptions .

year may use Form 502XS . In addition, the

Administration Division which contain

filing of this form is limited to amending your

Step 4 – Attach wage and tax statements

personal information about you . You may

Maryland tax return for the following reasons:

(Form W-2), and any other forms, sched-

inspect such records, and you have certain

• T o change amount previously reported

ules, and statements related to the chang-

rights to amend or correct them . As autho-

as wages or salaries .

es you are making .

rized by law, information furnished to the

• T o change amount of Maryland

Revenue Administration Division may be

withholding tax .

Step 5 – Complete Part I explaining any

given to the United States Internal Revenue

• T o change amount previously reported

changes . Enter the line number from page

Service, a proper official of any state that

as interest and/or dividends .

1 for each item you are changing and give

exchanges tax information with Maryland and

• T o change number of exemptions.

the reason for each change .

to an officer of this state having a right to the

• T o change itemized deductions to the

information in that officer’s official capacity .

standard deduction .

Step 6 – Sign and date the return and mail

The information may also be obtained with a

• T o change itemized deductions claimed

it to us . We will send you any resulting

proper legislative or judicial order .

due to a change in income .

refund or bill .

If you wish to amend your tax return for any

other reason, you may not use Form 502XS,

but must use Form 502X to accomplish your

amended filing .

SIGNATURES

DID YOU iFILE YOUR ORIGINAL

Sign and date your return on page 1 of Form

502XS . You must sign your return . Both

MARYLAND RETURN?

husband and wife must sign a joint return .

Your signature(s) signify that your return,

including all attachments, is, to the best of

If you have electronically filed your original Maryland

your knowledge and belief, true, correct and

tax return using the Comptroller’s iFile system, you

complete, under penalties of perjury .

should use iFile to amend your Maryland return, instead

TAX PREPARERS

of using Form 502XS . This is the fastest method of fil-

If another person prepared your return, that

person must also sign the return and enter

ing an amended tax return . This method of amending

their Social Security number or preparer’s tax

a Maryland return is only available to users of iFile .

Form 502xs Draft - Maryland Short Amended Tax Return - 2011 Page 3

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