Fillable Form 510 - Pass-Through Entity Income Tax Return

FORM

MARYLAND PASS-THROUGH ENTITY

2004

510

INCOME TAX RETURN

Federal Employer Identification Number (9 digits)

Name

Number and street

City or Town

State

Zip Code

Fein Applied for date

Date of organization or incorporation

Business Activity Code No. (6 digits)

(MMDDYY)

TYPE OF ENTITY:

S Corporation

Partnership

Limited Liability Company

Business Trust

CHECK HERE IF:

Name or address has changed

First filing of the entity

Inactive entity

Final return

AMENDED RETURN

This tax year’s beginning and ending dates are different from last year’s because of an acquisition or consolidation

1. Number of partners, shareholders or members:

a) Individual residents (of Maryland) ___________ b) Individual nonresidents ___________

c) Others ___________

d) Total ________________

2. Total distributive or pro rata income per federal return (Form 1065 or 1120S) — Unistate entities or multistate entities with no

nonresident partners, shareholders or members also enter this amount on line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ALLOCATION OF INCOME

(To be completed by multistate pass-through entities with one or more individual nonresident partners, shareholders or members — unistate entities, and multistate entities with no nonresidents, go to line 4)

3a. Non-Maryland income (for entities using separate accounting.) Subtract this amount from line 2 and enter the difference on line 4 . . . .

3b. Maryland apportionment factor from computation worksheet on Page 2 (for entities using the apportionment method.)

Multiply line 2 by this factor and enter the result on line 4 (If factor is zero, enter 000001) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4. Distributive or pro rata share allocable to Maryland . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

NOTE: Complete lines 5 through 13 only if there is an entry on line 1b. Tax is calculated only for individual nonresident partners or shareholders.

(Investment partnerships see Specific Instructions.)

5. Percentage of ownership by individual nonresidents shown on line 1b (or profit/loss percentage if applicable).

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If 100% leave blank and enter the amount from line 4 on line 6.

6. Distributive or pro rata share for nonresident partners, shareholders or members (Multiply line 4 by the percentage on line 5) . . .

7. Nonresident tax (Multiply line 6 by 4.75%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8. Distributable cash flow limitation from worksheet on page 3 of instructions. If worksheet used, check here

. . . . . . .

9. Nonresident tax due (Enter the lesser of line 7 or 8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PAYMENTS

10a

10a. Estimated pass-through entity nonresident tax paid with Form 510D. . . . . . . . . . . . . .

10b

b. Pass-through entity nonresident tax paid with an extension request (Form 510E). . . .

10c

c. Total payments (Add lines 10a and 10b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11. Balance of tax due (If line 9 exceeds line 10c enter the difference) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12. Interest and/or penalty from Form 500UP _____________ or late payment interest _____________ . . . . . . .Total

13. Total balance due (Add lines 11 and 12) Pay in full with this return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

NOTE: The total tax paid from line 10c and 11 is to be reported either on the composite return or on the returns of

the nonresident partners or shareholders. (For additional information see the instructions.)

SIGNATURE AND VERIFICATION: Under penalties of perjury, I declare that I have examined this return (including attachments) and, to the best of my knowl-

edge and belief, it is true, correct and complete. (Declaration of preparer other than the taxpayer is based on all information of which preparer has any knowledge.)

Check here

if you authorize your preparer to discuss this return with us.

Partner’s, officer’s or member’s signature

Date

Preparer’s SSN or PTIN

Preparer’s signature

Title

Preparer’s name, address and telephone number

Make checks payable to: COMPTROLLER OF MARYLAND.

Write federal employer identification number on check using blue or black ink.

Mail to: Comptroller of Maryland, Revenue Administration Division,

049