Instructions For Application For Extension To File Corporation Income Tax Return Form 500e 2006 printable pdf download

INSTRUCTIONS

MARYLAND

FOR FORM 500E

APPLICATION FOR EXTENSION TO FILE

Page 2

2006

CORPORATION

INCOME TAX RETURN

Purpose of Form Maryland law provides for an extension of time to file

How to file Complete the Tax Payment Worksheet on page 1.

the corporation income tax return (Form 500), but not to pay the tax due.

If line 5 is zero, file in one of the following ways:

Use Form 500E to remit any tax that may be due. Also use Form 500E if

this is the first filing of the corporation even if no tax is due.

1) Telefile – Request an automatic extension by calling 410-260-7829

from Central Maryland or 1-800-260-3664 from elsewhere to telefile

Note: Do not use this form to extend the time for filing a Form 510 or to

this form. Please have the form available when making the call.

remit employer withholding tax.

Note: Telefile service is available 24 hours a day, 7 days a week. Calling

General Requirements Extensions are allowable for up to seven months

during non-peak hours will make it easier to file.

from the original due date. An automatic seven month extension will be

granted if Form 500E is filed by the original due date.

2) Internet – File the extension on the Comptroller’s Web site at

• If no tax is due - File the extension online, telefile or use Form 500E if

this is the first filing of the corporation.

3) First filing of corporation – Mail Form 500E.

• If tax is due - Make full payment by electronic funds transfer or by

If line 5 shows an amount due, file in one of the following ways:

using Form 500E if paying by check or money order.

1) Electronic funds transfer Taxpayers making payments of $10,000

Consolidated returns are not allowed under Maryland law. Affiliated cor-

or more must pay by electronic funds transfer. Others

porations that file a consolidated federal return must file a separate Mary-

may select this method. Taxpayers must register before

land extension for each member corporation.

making electronic payments. For registration information, call

410-260-7601. If a payment is made by electronic funds transfer,

Do not mail the Form 500E if, after completing the Tax Payment

do not mail Form 500E; retain it with the company’s records.

Worksheet, no additional tax is due. Instead, you may telefile or file on

our Web site unless this is the first filing of the corporation. However, if

2) Payment by check or money order – Complete Form 500E and

an unpaid liability is disclosed when the return is filed, penalty and inter-

mail to:

est charges may be due in addition to the tax.

Comptroller of Maryland

When to file File Form 500E by the 15th day of the third month follow-

Revenue Administration Division

ing the close of the tax year or period, or by the original due date

Annapolis, MD 21411-0001

required for filing the federal income tax return.

Payment Instructions Include a check or money order made payable to

Name, Address and Other Information Type or print the required

Comptroller of Maryland for the full amount of any balance due. All

information in the designated area. DO NOT USE THE LABEL FROM

payments must indicate the FEIN, type of tax and tax year beginning and

THE TAX BOOKLET COVER.

ending dates. DO NOT SEND CASH.

Enter the name exactly as specified in the Articles of Incorporation, or as

amended, and continue with any “Trading As” (T/A) name, if applicable.

Enter the federal employer identification number (FEIN). If a FEIN has

not been secured, enter “APPLIED FOR” followed by the date of applica-

tion. If a FEIN has not been applied for, do so immediately.

Tax Year or Period Enter the beginning and ending dates of the tax year

in the space provided if the tax year is other than a calendar year.

The same tax year or period used for the federal return must be used for

Form 500E.

Instructions For Application For Extension To File Corporation Income Tax Return Form 500e 2006

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