Fillable Form 505x - Nonresident Amended Tax Return

2014

MARYLAND

NONRESIDENT AMENDED INCOME

FORM

TAX RETURN

505X

INSTRUCTIONS

PRIVACY ACT INFORMATION

You must file your Maryland Amended Form 505X electronically

to claim, or change information related to, business income tax

The Revenue Administration Division re quests information on tax

credits from Form 500CR.

returns to administer the income tax laws of Maryland, including

Changes made as part of an amended return are subject to audit

determination and collection of correct taxes. If you fail to

for up to three years from the date that the amended return is

provide all or part of the requested information, the exemptions,

filed.

exclusions, credits, deductions or adjustments may be dis-

allowed and you may owe more tax. In addition, the law provides

WHEN AND WHERE TO FILE

penalties for fail ing to supply information required by law or

Generally, Form 505X must be filed within three years from the

regulations.

date the original return was due (including extensions) or filed.

You may look at any records held by the Revenue Administration

The following excep tions apply.

Division which contain personal information about you. You may

• A claim filed after three years, but within two years from the

inspect such records, and you have certain rights to amend or

time the tax was paid is limited to the amount paid within the

correct them.

two years immediately before filing the claim.

As authorized by law, information furnished to the Revenue

• A claim for refund based on a federal net operating loss

Administration Division may be given to the United States

carryback must be filed within 3 years after the due date

Internal Revenue Service, a proper official of any state that

(including extensions) of the return for the tax year of the net

exchanges tax information with Maryland and to an officer of this

operating loss.

state having a right to the information in that officer’s official

capa city. The information also may be obtained with a proper

• If the claim for refund or credit for overpayment resulted from

legislative or judicial order.

a final determination made by an administrative board or an

appeal of a decision of an administrative board, that is more

USE OF FEDERAL RETURN

than three years from the date of filing the return or more than

two years from the time the tax was paid, the claim for refund

Most changes to your federal return will result in changes on

must be filed within one year of the date of the final decision

your Maryland return and you will need the information from

of the administrative board or final decision of the highest

your federal amendment to complete your Maryland amended

court to which an appeal of the administrative board is taken.

return. Therefore, complete your federal return first. Maryland

• If the Internal Revenue Service issues a final determination of

law requires that your income and deductions be entered on your

Maryland return exactly as they were reported on your federal

adjustments that would result in a decrease to Maryland

return. However, all items reported on your Maryland return are

taxable income, file an amended return within one year after

the final adjustment report or the final court decision if

subject to verification, audit and revision by the Maryland

appealed.

Comptroller’s Office.

• If the Internal Revenue Service issued a final determination of

If you are amending your federal return, attach a

adjustments that would result in an increase to Maryland

photocopy of the federal Form 1040X and any revised

schedules to your Maryland Form 505X. If your tax has been

taxable income, file the amended return within ninety days

after the final determination.

increased by the Internal Revenue Service, you must report this

increase to the Maryland Revenue Administration Division within

Do not file an amended return until sufficient time has

90 days from the final IRS determination.

passed to allow the original return to be processed. For

current year returns, allow at least six weeks. Note that no

refund for less than $1.00 will be issued.

NAME AND ADDRESS INFORMATION.

The amended return must be filed with the Comptroller of

Maryland, Revenue Administration Division, 110 Carroll

Enter the Social Security Number, correct name and

Street, Annapolis, Maryland 21411-0001.

current address in the boxes. Be sure to check the

For

information

regarding

refund

limitations,

see

appropriate box if you or your spouse are 65 or over or

Administrative Release 20.

blind on the last day of the tax year. If your address is

PROTECTIVE CLAIMS

different from the address on your original return, be

sure to answer “Yes” to the first question.

A protective claim is a claim for a specific amount of refund filed

on an amended return with a request that the Comptroller delay

QUESTIONS.

acting on the refund request. The claim for refund may not be

based on a federal audit. The delay requested must be due to a

pending decision by a state or federal court which will affect the

Answer all of the questions and attach copies of any

outcome of the refund, or for reasonable cause. The protective

federal notices, amended forms and schedules. If filing

claim must be filed in accordance with the limitations outlined in

your amended return for a Net Operating Loss Carryback

the section WHEN AND WHERE TO FILE. The Comptroller may

or Carryforward, check the appropriate box. Provide the

accept or reject a protective claim. If rejected, the taxpayer will

dates you resided in Maryland for the tax year and

be informed of a right to a hearing. We cannot accept a

explain any changes from your original filing in Part III

protective claim unless an original return has been filed.

of Form 505X.

PENALTIES

FILING STATUS.

There are severe penalties for failing to file a tax return, failing

to pay any tax when due, filing false or fraudulent returns or

Enter the filing status you used on your original return

making a false certification. The penalties include criminal fines,

and show any change of filing status. Your filing status

imprisonment and a penalty on your taxes. In addition, interest

should correspond to the filing status used on your

is charged on amounts not paid when due.

federal return.

To collect unpaid taxes, the Comp troller is directed to enter liens

Generally, you may not change from married filing joint to

against the salary, wages or property of delinquent taxpayers.

married filing separately after the original due date of the

COM/RAD-022A

Form 505x - Nonresident Amended Tax Return - 2014 Page 3

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