FORM
Instructions for Filing
2006
Employer Withholding Annual
MW508
Reconciliation Return
Send this form accompanied with the STATE copy of Form W-2/1099 for each person whom wages/annuities has
been paid. Keep a copy for your records. Your name, FEIN, Maryland withholding central registration number, and
telephone number must be on all documents to assure proper credit and prevent posting errors. Send your completed
reconciliation to:
Comptroller of Maryland, Revenue Administration Division, Annapolis, MD 21411-0001.
Paper filers must reconcile their accounts by completing Form MW508, Employer’s Annual Withholding Reconciliation
Return, and submit it in the same packet as the W-2/1099 forms. Magnetic Media/Electronic filers do not need to file
Form MW508. The totals for the MW508 will be automatically generated from the data received.
Maryland magnetic media specifications can be accessed online at Specifications also can
be requested by telephone (410-260-7150 or toll free at 1-800-492-1751) or in writing to the address listed above.
Line 1.
Enter total number of W-2/1099 forms.
Line 2.
Enter total Maryland withholding tax reported for the year.
Line 3.
Enter total state/local tax shown on W-2/1099 forms.
Line 3a.
Enter total eligible business tax credits if you are a tax exempt organization. You must attach Maryland Form
500CR to calculate and take the credit.
Line 4.
Subtract line 3a from line 3 and enter the result.
Line 5.
If line 4 is greater than line 2, Subtract line 2 from line 4 and enter the result here. Otherwise, enter zero.
Line 6.
If line 4 is less than line 2, Subtract line 4 from line 2. This is the amount of your overpayment.
Line 7.
Enter the amount of line 6 you wish to have applied as a credit.
Line 8.
Enter the amount of line 6 you wish to have refunded. Line 7 plus line 8 cannot exceed line 6.
Line 9.
Enter the total gross Maryland payroll for the calendar year.
Cut along this line and return.
PN: 00610 (8-06)
Annual Employer Withholding
FORM
MW508
Reconciliation Return
2006
Comptroller of Maryland
Revenue Administration Division
Annapolis, MD 21411-0001
Make check payable to Comptroller of MD - WH Tax
ENTER TOTAL STATE/LOCAL TAX AS
3.
Name: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
SHOWN ON W-2 AND/OR 1099 FORMS
3a.
CREDITS (ATTACH FORM 500CR)
Address: ________________________________________________________
AMOUNT OF WITHHOLDING TAX DUE
4.
(Subtract line 3a from line 3)
________________________________________________________________
BALANCE DUE (if line 4 is more than line 2,
5.
FEIN:
subtract line 2 from line 4)
OVERPAYMENT (if line 4 is less than line 2,
6.
FOR OFFICE USE ONLY
subtract line 4 from line 2)
CR#:
AMOUNT OF OVERPAYMENT ON LINE 6
7.
TO BE APPLIED AS A CREDIT
ATTACH MARYLAND COPIES OF PAPER, W-2 AND/OR 1099 FORMS TO BACK OF
AMOUNT OF OVERPAYMENT ON LINE 6
1.
8.
THIS FORM, ENTER TOTAL NUMBER OF W-2 AND/OR 1099 FORMS ATTACHED
TO BE REFUNDED TO YOU
TOTAL MARYLAND WITHHOLDING
ENTER TOTAL GROSS MARYLAND
2.
9.
TAX REPORTED THIS YEAR.
PAYROLL FOR CALENDAR YEAR
I DECLARE UNDER THE PENALTIES OF PERJURY THAT THIS RETURN (INCLUDING ANY ACCOMPANYING SCHEDULES AND STATEMENTS) HAS BEEN EXAMINED BY ME AND TO THE BEST OF MY KNOWLEDGE AND BELIEF IS A TRUE, CORRECT AND COMPLETE RETURN.
PHONE: NO. ( ______ ) _________________________________________ DATE: _________________________________________ SIGNED: _____________________________________________________________________________ TITLE: _________________________________________
Rev. 8/06
06-49
COM/RAD 042