Form 510 - Pass-Through Entity Income Tax Return

1999

MARYLAND

PASS-THROUGH ENTITY

FORM

510

INCOME TAX RETURN

MAIL TO:

COMPTROLLER OF THE TREASURY

REVENUE ADMINISTRATION DIVISION

ANNAPOLIS, MARYLAND 21411-0001

(OR FISCAL YEAR BEGINNING

, 1999, ENDING

)

DO NOT WRITE IN THIS SPACE

Name

Number and street

City or town

State

Zip code

Federal Employer Identification No. (9 digits)

FEIN Applied for date

Date of Organization or Incorporation (6 digits)

Federal Business Code No. (6 digits)

TYPE OF ENTITY:

Partnership

S corporation

Limited liability company

CHECK HERE IF:

Name or address has changed

First filing of the entity

Inactive entity

Final return

AMENDED RETURN

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: Do not complete lines 5 through 9 if the pass-through entity has no partners, shareholders or members that are individual nonresidents of Maryland.

(Investment partnerships see Specific Instructions.)

5. Percentage of ownership by individual nonresident partners, shareholders or members (or profit/loss percentage if applicable) . . . . . .

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 x 4.85%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

b. Tentative pass-through entity nonresident tax paid with 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 (See instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13. Total balance due (Add lines 11 and 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14. Amount of overpayment (if line 10c exceeds line 9). Overpayments will not be refunded to the Pass-Through Entity or applied to 2000

estimated tax. NOTE: The total tax paid including overpayments must be reported either on the composite return or on the return of

the nonresident partner or shareholder. (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 knowledge 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.)

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

Date

Preparer’s signature

Date

Title

Preparer’s name, address and telephone number

COT/RAD 069