Instructions For Maryland Resident Income Tax Returns Forms 502 And 503

(23)

502UP instructions to find out which code to

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FILINGYDUR RETURN

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MasterCard,

Visa.

I-800-2PAYTAX

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Telephone numbers, code number, signatures and attachments. Enter your telephone numbers and sign and

date your return. Be sure to attach all required forms, schedules and statements.

ATTACHMENTS

return is based on all information required to

CODE NUMBER

tax

be reported of which the preparer has knowl-

Be sure to attach wage and

state-

If special circumstances apply, you may

edge, under the penalties of perjury.

ments (Form W-2, W-2G and 1099) to the

be exempt from the interest for underpay-

front of your return if Maryland tax is

ment of estimated tax. If you are exempt,

SIGNATURES

withheld. Also attach all forms, schedules

enter the appropriate code (300, 301, 302)

You must sign your return. Both husband

and

statements

required

these instruc-

in the code number box located to the right

and wife must sign a joint return. Your signa-

tions. Place your check

or money order on

of the telephone number area. Refer to Form

ture(s) signifies that your return, including all

top of your wage and tax statements and

attachments, is, to the best of your knowledge

fasten with one staple on the front of your

use.

and belief, true, correct and complete, under

tax return.

TAX PREPARERS

the penalties of perjury

If another person prepared your return,

that person must also sign the return and

enter their preparer’s tax identification num-

ber (PTIN).

The preparer declares that the

Electronic and PC filing, mailing and payment instructions, deadlines and penalties.

DUE DATE

PAYMENT BY CREDIT CARD

ELECTRONICALLY

Returns must be mailed by April 15,

You may pay your balance due by using

2003, for calendar year taxpayers. Persons

Discover, American Express or

The fastest way to file your return and

filing on a fiscal-year basis should see

receive your refund is to file electronically

Instruction

25.

Credit card payments may be made by

and request direct deposit. If you request

telephone or over the internet. The internet

direct deposit on your electronic return your

PENALTIES

refund should be in your bank account with-

option is available to everyone. You must

There are severe penalties for failing to

have filed a 2001 Maryland income tax

in 72 hours of acknowledgement from the

file a tax return, failing to pay any tax when

Revenue

Administration

Division.

Electronic

return to use the telephone option.

due, filing a false or fraudulent return, or

Both options will be processed by official

funds withdrawal (direct debit)

payments

making a false certification. The penalties

Payments Corporation who will charge a

are available only if you file electronically.

include criminal fines, imprisonment, and a

convenience fee of 2.5% on the amount of

You may file your return electronically

penalty on your taxes. In addition, interest is

through your personal computer. For more

your payment. The State will not receive this

charged on amounts not paid.

fee. You will be told the amount of the fee

information please see our websiie at:

To collect unpaid taxes, the Comptroller

before you complete your transaction. Do

is directed to enter liens against the salary,

not include the amount of the convenience

Additionally, a return can be electronically

wages or property of delinquent taxpayers.

fee as part of the tax payment.

filed by most professional tax return prepar-

EXTENSION OF TIME TO FILE

ers. Please ask your preparer about this

To make a credit card payment call

Follow the instructions on Form 502E to

option.

(I-800-272-9829) or visit

request an automatic extension of the time to

MAILING YOUR RETURN

their website at

file your 2002 return. Filing this form extends

If you are mailing your return please

PAYMENT BY CHECK OR MONEY ORDER

the time to file your return, but does not ex-

use the gold envelope provided in this book-

tend the time to pay your taxes. Payment of

Make your check or money order pay-

let. If the gold envelope is lost, mail your

the expected tax due is required with Form

able to “Comptroller of Maryland.” Use blue

return to:

502E by April 15, 2003. If no tax is due and

or black ink. Do not use red ink. Put your

Comptroller of Maryland

social security number, type of tax and year

you requested a federal extension, you do

Revenue

Administration

Division

of tax being paid, on your check. Mark an “X

not need to file Form 502E or take any other

Annapolis, Maryland 21411-0001

action to obtain an automatic extension. To

in the box for “Payment Enclosed” on the

Sending your return by certified

mail will

obtain this form, see page ii, ‘How To Get

gold envelope. DO NOT SEND CASH.

not result in special

handling and may delay

Help”.

your refund.

Fiscal year. You must file your Maryland return using the same tax year and the same basis (cash or accrual) as you

used on your federal return.

To file a fiscal year return, complete

ever the term “tax year” appears in these

years which begin during calendar year 2002.

the Fiscal Year information at the top of

instructions,

fiscal

year

taxpayers

should

Fiscal year returns are due on the 15th

Form 502, and print “IV’ in bokf letters in the

understand the term to mean “fiscal year.”

day of the 4th month following the close of

upper left hand comer of the form. When-

Use the 2002 forms in this package for fiscal

the fiscal year.

1 3

Instructions For Maryland Resident Income Tax Returns Forms 502 And 503 - 2002 Page 13

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