Form 500d - Maryland Corporation Declaration Of Estimated Income Tax - 2012 Page 2
Download a blank fillable Form 500d - Maryland Corporation Declaration Of Estimated Income Tax - 2012 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 500d - Maryland Corporation Declaration Of Estimated Income Tax - 2012 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2Page 2
MARYLAND
INSTRUCTIONS
CORPORATION
FOR FORM 500D
2012
DECLARATION OF ESTIMATED INCOME TAX
Purpose of Form Form 500D is used by a corporation
Tax Year or Period Enter the beginning and ending
to declare and remit estimated income tax .
dates of the tax year in the space provided .
Corporations expected to be subject to estimated tax
The same tax year or period used for the federal return
requirements should use Form 500D to remit any payment
must be used for Form 500D .
due .
Name, Address and Other Information Type or print
NOTE: Do not use this form to remit estimated tax for
the required information in the designated area .
Form 510 or to remit employer withholding tax .
Enter the name exactly as specified in the Articles of
General Requirements
Ever y corporation that
Incorporation, or as amended, and continue with any
reasonably expects its Maryland taxable income to
“Trading As” (T/A) name if applicable .
develop a tax in excess of $1,000 for the tax year or
Enter the federal employer identification number (FEIN) .
period must make estimated income tax payments . The
If the FEIN has not been secured, enter “APPLIED
total estimated tax payments for the year must be at
FOR” followed by the date of application . If a FEIN has
least 90% of the tax developed for the current year or
not been applied for, do so immediately .
110% of the tax that was developed for the prior year
Payment Instructions Enter the amount of estimated
to avoid interest and/or penalty . At least 25% of the total
tax paid in the space provided . Include a check or
estimated tax must be remitted by each of the installment
money order made payable to Comptroller of Maryland .
due dates . The annualization method for calculating
All payments must indicate the FEIN, type of tax and
estimated tax is not permitted for corporations .
tax year beginning and ending dates . DO NOT SEND
In the case of a short tax period the total estimated tax
CASH .
payment required is the same as for a regular tax year:
You may pay your estimated tax using one of the
90% of the tax developed for the current (short) tax year
following methods:
or 110% of the tax that was developed for the prior tax
year . The minimum estimated tax for each of the
1) Electronic Funds Transfer Taxpayers must
installment due dates is the total estimated tax required
register before using this method . To obtain a
divided by the number of installment due dates occurring
registration form, visit
during the short tax year . However, if the corporation
or call 410-260-7980 . If payment is made by
has a short tax period of less than 4 months, it does
electronic funds transfer, do not mail Form 500D,
not have to pay estimated tax nor file 500D .
retain for company’s records .
Maryland law provides for the accrual of interest and
2) Filing Electronically using Modernized Electronic
imposition of penalty for failure to pay any tax when
Filing method (software provider must be approved
due .
by the IRS and Revenue Administration Division) . If
filed electronically, do not mail Form 500D; retain it
If it is necessary to amend the estimate, recalculate the
with company’s records .
amount of estimated tax required using the estimated
tax worksheet provided . Adjust the amount of the next
Taxpayers making payments of $10,000 or more
installment to reflect any previous underpayment or
must use one of these two electronic methods . If
overpayment . The remaining installments must be at
you need to make additional payments for the
least 25% of the amended estimated tax due for the
current tax year you may file electronically, or you
year .
can go to and
download another Form 500D . We have
Consolidated returns are not allowed under Maryland
discontinued the use of preprinted quarterly
law . Affiliated corporations that file a consolidated
estimated tax vouchers .
federal return must file separate Maryland declarations
for each member corporation .
3) Mailing Instructions Mail payment and completed
Form 500D to:
When to File File Form 500D on or before the 15th
day of the 4th, 6th, 9th and 12th months following the
Comptroller of Maryland
beginning of the tax year or period . In addition to
Revenue Administration Division
payments with Form 500D, the corporation may partially
110 Carroll Street
or fully apply any overpayment from the prior year Form
Annapolis, MD 21411-0001
500 – Maryland Corporation Income Tax Return to the
estimated tax obligation for this year .
COM/RAD-002
11-49
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial