Fillable Form 2018: 505X NONRESIDENT AMENDED TAX RETURN MARYLAND (Comptroller of Maryland)

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Form 2018: 505X NONRESIDENT AMENDED TAX RETURN MARYLAND (Comptroller of Maryland)

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NONRESIDENT
AMENDED TAX
RETURN
MARYLAND
FORM
505X
2018
You must use Form 502X if you
are changing to Resident status.
STOP
1. Federal adjusted gross income .................. 1.
2. Additions to income .......................... 2.
3. Total (Add lines 1 and 2.) ...................... 3.
4. Subtractions from income (See Instructions.) ........ 4.
5. Total Maryland adjusted gross income (Subtract line 4 from
line 3.) ................................... 5.
IMPORTANT NOTE: Read the instructions and
complete page 3 first.
A. As originally reported or
as previously adjusted
(See instructions.)
B. Net change – increase
or (-) decrease
explain on page 4.
C. Corrected amount.
OR FISCAL YEAR BEGINNING 2018, ENDING
Your Social Security Number Spouse's Social Security Number
Your First Name MI
Your Last Name
Spouse's First Name MI
Spouse's Last Name
Current Mailing Address (PO Box, number, street and apt. no)
City or Town State ZIP Code + 4
CHANGE OF FILING STATUS
Original Amended
Single
Married filing joint return or spouse had no income
Married filing separately
IF THIS IS BEING FILED TO CLAIM A NET OPERATING LOSS, CHECK
THE APPROPRIATE BOX
: CARRYBACK (farming loss only)
CARRY FORWARD
I
MPORTANT NOTE: Read the instructions and complete page 3 first.
Attach copies of the federal loss year return and Form 1045, Schedules
A and B. See Instruction 13.
Check here if you are:
65 or over Blind
Check here if your spouse is:
65 or over Blind
Original Amended
Head of household
Qualifying widow(er) with dependent child
Dependent taxpayer
Is this address different from the address on your original return? .......................................... YES NO
Enter your state of legal residence . Enter the local jurisdiction of which you are a resident .
Are you a resident of a local jurisdiction which imposes an income or earnings tax on Maryland residents? ............. YES NO
Enter dates you resided in Maryland - .
Any changes from the original filing must be explained in Part III of this form.
Did you request an extension of time to file the original return?
............................................ YES NO
If yes, enter the date the return was filed .
Is an amended federal return being filed? ............................................................ YES NO
Has your original federal return been changed or corrected by the Internal Revenue Service? ....................... YES NO
Spouse's Social Security No.
COM/RAD 022A
NONRESIDENT
AMENDED TAX
RETURN
MARYLAND
FORM
505X
2018
6. CHECK ONLY ONE METHOD (See Instruction 5.)
STANDARD DEDUCTION METHOD
ITEMIZED DEDUCTION METHOD Enter
total MD itemized deductions from Part II,
on page 3
.............................. 6.
7. Net income (Subtract line 6 from line 5.) ........... 7.
8. Exemption amount (See Instruction 5.) ............ 8.
9. Taxable net income (Subtract line 8 from line 7.) ..... 9.
10. Maryland tax from line 16 of revised
Form 505NR
.............................. 10.
11. Special Nonresident tax from line 17 of
revised Form 505NR
......................... 11.
12. Total Maryland tax (Add lines 10 and 11.) ......... 12.
12a. Credits:
Poverty Level Credit
Personal Credit
Business Credit X XXXXXXXXX
Enter total credits ......................... 12a.
12b. Maryland tax after credits (Subtract line 12a
from line 12.) If less than 0, enter 0 . . . . ....... 12b.
13. Contribution: 13a.
13b.
13c.
13d.
Enter total contributions (See Instruction 8.) ....... 13.
14. Total Maryland income tax and contribution (Add lines
12b and 13.) . . . . . . . . . . . . .. . . . . . . . . . . . . . . . 14.
15. Total Maryland tax withheld. ................ 15.
16. Estimated tax payments and payments made
with Form PV
and Form MW506NRS . . ........... 16.
17. Nonresident tax paid by pass-through entities ...... 17.
18. Refundable income tax credits
(Attach Form 502CR and/or 502S.) ............. 18.
19. Total payments and credits (Add lines 15
through 18.) .............................. 19.
20. Balance due (If line 14 is more than line 19, subtract line 19 from line 14.) .........................20.
21. Overpayment (If line 14 is less than line 19, subtract line 14 from line 19.) .........................21.
22. Tax paid with original return, plus additional tax paid after it was filed
(Do not include any interest or penalty.) ..................................................22.
23. Prior overpayment (Total all refunds previously issued.) .......................................23.
24. REFUND (If line 20 is less than line 22, subtract line 20 from line 22) (If line 23 is less than
line 21, subtract line 23 from line 21.) (Add line 21 to line 22.) (See Instruction 10.) .......... REFUND 24.
25. BALANCE DUE (If line 20 is more than line 22, subtract line 22 from line 20.) (Add line 20 to
line 23.) (If line 21 is less than line 23, subtract line 21 from line 23.) (See Instruction 10.) .............25.
26. Interest and/or penalty charges on tax due and/or from Form 502UP (See Instruction 11.) ..............26.
27. TOTAL AMOUNT DUE (Add line 25 and line 26.) .................PAY IN FULL WITH THIS RETURN 27.
Page 2
Last Name SSN
A. As originally reported or
as previously adjusted
(See instructions.)
B. Net change – increase
or (-) decrease
explain on page 4.
C. Corrected amount.
COM/RAD 022A
NONRESIDENT
AMENDED TAX
RETURN
MARYLAND
FORM
505X
2018
INCOME AND ADJUSTMENTS INFORMATION
(See Instruction 4.) (Use a minus sign ( - ) to indicate a loss.)
1. Wages, salaries, tips, etc ...................... 1.
2. Taxable interest income ....................... 2.
3. Dividend income ............................ 3.
4. Taxable refunds, credits or offsets of state and local
income taxes ............................... 4.
5. Alimony received ............................ 5.
6. Business income or loss ....................... 6.
7. Capital gain or loss .......................... 7.
8. Other gains or losses (from federal Form 4797) ...... 8.
9. Taxable amount of pensions, IRA distributions,
and annuities ............................... 9.
10. Rents, royalties, partnerships, estates, trusts, etc. (Circle
appropriate item.) .......................... 10.
11. Farm income or loss ......................... 11.
12. Unemployment compensation .................. 12.
13. Taxable amount of Social Security and Tier 1 Railroad
Retirement benefits. . . ...................... 13.
14. Other income (including lottery or other gambling
winnings) . . . . . . . . . . . .................... 14.
15. Total income (Add lines 1 through 14.) ........... 15.
16. Total adjustments to income from federal return (IRA,
alimony, etc.) . . . . . . . . .................... 16.
17. Adjusted gross income (Subtract line 16 from 15.) (Carry
the amount from line 17, column A, to page 1, line 1,
column C.) ............................... 17.
1. Medical and dental expense .................... 1.
2. Taxes. ....................................2.
3. Interest .................................. 3.
4. Contributions .............................. 4.
5. Casualty or theft losses. ...................... 5.
6. Miscellaneous .............................. 6.
7. Enter total itemized deductions from federal Schedule A 7.
8. Enter state and local income taxes included on
line 2 or from worksheet (See Instruction 4.) ....... 8.
9. Net deductions (Subtract line 8 from line 7.) ........ 9.
10. AGI factor (See instruction 14 of the
nonresident instructions.) .................... 10.
11. Total Maryland deductions (Multiply line 9 by line 10.)
(Enter on page 2, in each appropriate column of line 6.) 11.
II.
ITEMIZED DEDUCTIONS: If you itemized deductions on your Maryland return, you must complete the following. If there are no changes to the
amounts claimed on your original Maryland return, check here and complete Column A and line 11 of Column C.
I. INCOME AND ADJUSTMENTS TO INCOME: You must complete the following using the amounts from your federal income tax return including
any supporting schedules. If there are no changes to the amounts claimed on your original Maryland return, check here and complete Column
A and line 17 of Column C.
Page 3
A. Federal income
or loss ( - ) as corrected
B. Maryland income
or loss ( - ) as corrected
C. Non-Maryland income
or loss ( - ) as corrected
A. As originally reported
or as previously adjusted
B. Net increase
or decrease ( - )
C.
Corrected a
mount
Name SSN
COM/RAD 022A
NONRESIDENT
AMENDED TAX
RETURN
MARYLAND
FORM
505X
2018
Check here if you authorize your preparer to discuss this return with us.
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to
the best of my knowledge and belief it is true, correct and complete. If prepared by a person other than taxpayer, the declaration
is based on all information of which the preparer has any knowledge.
III. EXPLANATION OF CHANGES TO INCOME, DEDUCTIONS AND CREDITS: Enter the line number from page 1 and 2 for each
item you are changing and give the reason for each change. Attach any required supporting forms and schedules for items
changed.
Page 4
Name SSN
Make checks payable to and mail to:
Comptroller of Maryland
Revenue Administration Division
110 Carroll Street
Annapolis, Maryland 21411-0001
It is recommended that you include your Social Security
Number on check in blue or black ink.
Your signature Date Signature of preparer other than taxpayer
Spouse’s signature Date Street address of preparer
City, State, ZIP code +4
Telephone number of preparer
Preparer’s PTIN (required by law)
COM/RAD 022A
NONRESIDENT
AMENDED TAX RETURN
INSTRUCTIONS
MARYLAND
FORM
505X
2018
1
NAME AND ADDRESS INFORMATION.
Enter the Social Security number, correct name and
current address on the lines. Be sure to check the
appropriate box if you or your spouse are 65 or over or
blind on the last day of the tax year. If your address is
different from the address on your original return, be
sure to answer “Yes” to the first question.
2
QUESTIONS.
Answer all of the questions and attach copies of any
federal notices, amended forms and schedules. If filing
your amended return for a Net Operating Loss Carryback
or Carryforward, check the appropriate box. Provide the
dates you resided in Maryland for the tax year and
explain any changes from your original filing in Part III
of Form 505X.
3
FILING STATUS.
Enter the filing status you used on your original return
and show any change of filing status. Your filing status
should correspond to the filing status used on your
federal return.
You must file your Maryland Amended Form 505X electronically
to claim, or change information related to, business income tax
credits from Form 500CR.
Changes made as part of an amended return are subject to audit
for up to three years from the date that the amended return is
filed.
WHEN AND WHERE TO FILE
Generally, Form 505X must be filed within three years from the
date the original return was due (including extensions) or filed.
The following excep tions apply.
• A claim filed after three years, but within two years from the
time the tax was paid is limited to the amount paid within the
two years immediately before filing the claim.
• A claim for refund based on a federal net operating loss
carryback must be filed within 3 years after the due date
(including extensions) of the return for the tax year of the net
operating loss.
• If the claim for refund or credit for overpayment resulted from
a final determination made by an administrative board or an
appeal of a decision of an administrative board, that is more
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
must be filed within one year of the date of the final decision
of the administrative board or final decision of the highest
court to which an appeal of the administrative board is taken.
• If the Internal Revenue Service issues a final determination of
adjustments that would result in a decrease to Maryland
taxable income, file an amended return within one year after
the final adjustment report or the final court decision if
appealed.
• If the Internal Revenue Service issued a final determination of
adjustments that would result in an increase to Maryland
taxable income, file the amended return within ninety days
after the final determination.
Do not file an amended return until sufficient time has
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.
The amended return must be filed with the Comptroller of
Maryland, Revenue Administration Division, 110 Carroll
Street, Annapolis, Maryland 21411-0001.
For more information regarding refund limitations, see
Administrative Release 20.
PROTECTIVE CLAIMS
A protective claim is a claim for a specific amount of refund filed
on an amended return with a request that the Comptroller delay
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
outcome of the refund, or for reasonable cause. The protective
claim must be filed in accordance with the limitations outlined in
the section WHEN AND WHERE TO FILE. The Comptroller may
accept or reject a protective claim. If rejected, the taxpayer will
be informed of a right to a hearing. We cannot accept a
protective claim unless an original return has been filed.
PENALTIES
There are severe penalties for failing to file a tax return, failing
to pay any tax when due, filing false or fraudulent returns or
making a false certification. The penalties include criminal fines,
imprisonment and a penalty on your taxes. In addition, interest
is charged on amounts not paid when due.
To collect unpaid taxes, the Comp troller is directed to enter liens
against the salary, wages or property of delinquent taxpayers.
PRIVACY ACT INFORMATION
The Revenue Administration Division re quests information on tax
returns to administer the income tax laws of Maryland, including
determination and collection of correct taxes. If you fail to
provide all or part of the requested information, the exemptions,
exclusions, credits, deductions or adjustments may be dis-
allowed and you may owe more tax. In addition, the law provides
penalties for fail ing to supply information required by law or
regulations.
You may look at any records held by the Revenue Administration
Division which contain personal information about you. You may
inspect such records, and you have certain rights to amend or
correct them.
As authorized by law, information furnished to the Revenue
Administration Division may be given to the United States
Internal Revenue Service, a proper official of any state that
exchanges tax information with Maryland and to an officer of this
state having a right to the information in that officer’s official
capa city. The information also may be obtained with a proper
legislative or judicial order.
USE OF FEDERAL RETURN
Most changes to your federal return will result in changes on
your Maryland return and you will need the information from
your federal amendment to complete your Maryland amended
return. Therefore, complete your federal return first. Maryland
law requires that your income and deductions be entered on your
Maryland return exactly as they were reported on your federal
return
and schedules. However, all items reported on your
Maryland return are subject to verification, audit and revision by
the Maryland Comptroller’s Office.
If you are amending your federal return, attach a
photocopy of the federal Form 1040X and any revised
schedules to your Maryland Form 505X. If your tax has been
increased by the Internal Revenue Service, you must report this
increase to the Maryland Revenue Administration Division within
90 days from the final IRS determination.
COM/RAD 022A
Generally, you may not change from married filing joint to
married filing separately after the original due date of the
return. Any change in filing status to or from married filing joint
requires the signature of both spouses. Enter a complete
explanation in Part III of Form 505X.
4
COMPLETE PAGES 3 AND 4 OF FORM 505X.
PART I
Enter the amount of income (or loss) from your federal return
as corrected in Column A. Enter the amount of your Maryland
income (or loss) as corrected in Column B. Enter the amount of
your non-Maryland income (or loss) as corrected in Column C.
PART II
If you itemized deductions, enter your original or previously
adjusted amounts in Column A. Enter any increase (or decrease)
in Column B and enter the corrected amounts in Column C.
Any amount deducted as contributions of Preservation and
Conservation Easements for which a credit is claimed on Form
502CR must be included on line 8. On line 10, enter the
adjusted gross income factor from the worksheet in Instruction
5.
PART III
Use this section to provide a detailed explanation of the
changes being made on the amended return. A filing status
change must be fully explained here.
Enter the line number from pages 1 and 2 for each item you are
changing and state the reason for the change. Be sure to attach
revised Form 505NR and any other required schedules or
forms.
NOW COMPLETE PAGES 1 AND 2 OF FORM 505X.
COLUMNS A-C
In Column A, enter the amounts from your return as originally
filed or as previously adjusted or amended.
In Column B, enter the net increase or net decrease for each
line you are changing. Use a minus sign ( - ) to indicate a
decrease. Explain each change in Part III of Form 505X and
attach any related schedule or form. If you need more space,
show the required information on an attached statement. For
Column C, add the increase in Column B to the amount in
Column A, or subtract the Column B decrease from Column A.
For any item you do not change, enter the amount from Column
A in Column C.
5
FIGURE YOUR MARYLAND AND SPECIAL
NONRESIDENT TAX.
LINE 1 – Income and adjustments from federal return.
Copy the amounts from your federal amended return or as
corrected by the IRS. Be sure to reconcile this figure to Part 1
of Form 505X and enter a complete explanation of the changes
in Part III.
LINE 2 – Additions to income. For decoupling and tax
preference items and amounts to be added when credits are
claimed, include corrected Maryland Form(s) 500DM, 502TP,
502CR or 500CR. Enter an explanation of the changes in Part
III.
LINE 4 – Subtractions from income. Enter items such as
child care expenses and any other subtractions as shown in the
2018
Nonresident Income Tax Return Instructions. Enter an
explanation of the changes in Part III and attach any corrected
forms.
LINE 6 – Method of computation.
Standard deduction method. The standard deduction is 15%
of the Maryland adjusted gross income with the following
minimums and maximums.
Filing Status
Single
– Minimum
of $1,500
and
maximum
of $2,250
Married filing separately
Dependent taxpayer
Filing Status
Married filing joint or spouse
had no income
– Minimum
of $3,000
and
maximum
of $4,500
Head of household
Qualifying widow(er) with
dependent child
Itemized deduction method. Check the box and enter your
total Maryland itemized deductions.
LINE 8 – Exemptions. The personal exemption is $3,200. This
exemption amount is reduced once the taxpayer's federal
adjusted gross income exceeds $100,000. ($150,000 if filing
Joint, Head of Household or Qualifying Widow(er) with Dependent
Child). If you are subject to this reduction, see the exemption
chart in the 2018 Nonresident Income Tax Return Instructions.
Taxpayers 65 years or over or blind get an additional exemption
of $1,000.
Multiply the exemption amount by the AGI factor in the
ADJUSTED GROSS INCOME FACTOR WORKSHEET to calculate
the amount of the exemption to enter in column C. Use the
exemption amount that you had claimed on your original return
(or as previously adjusted) in Column A of line 8. The difference
between these two figures should be entered in Column B of line
8.
Attach amended Form 502B if you are changing dependent
information.
Adjusted Gross Income (AGI) Factor. You must adjust
your standard or itemized deductions and exemptions
using the AGI factor calculated in the worksheet below.
Carry this amount to six decimal places. NOTE: If Mary-
land adjusted gross income before subtractions (line 2)
is 0 or less, use 0 as your factor. If your federal adjusted
gross income (line 1) is 0 or less and line 2 is greater
than 0, use 1 as your factor.
ADJUSTED GROSS INCOME FACTOR WORKSHEET (5)
1.
Enter your federal adjusted gross
income (from line 17, column 1) .....1 _____________
2. Enter your Maryland adjusted gross
income before subtraction of
non-Maryland income (from line 25) ..2 _____________
3. AGI factor. Divide line 2 by line 1 ....3 .
_____________
LINE 10 – Computing the tax. Complete Form 505NR
following the instructions in the nonresident booklet using
corrected figures to determine the tax. Line 16 of the revised
Form 505NR is entered on line 10 of Form 505X. Line 17 of the
revised Form 505NR is entered on line 11 of Form 505X.
6
POVERTY LEVEL CREDIT, CREDITS FOR
INDIVIDUALS AND BUSINESS TAX CREDITS.
Enter each credit being claimed on the appropriate line
on line 12a.
You may claim a credit on line 12a equal to 5% of your earned
income. If your income is less than the poverty level guidelines,
refer to the nonresident instructions and worksheet to compute
the allowable credit. You must prorate the poverty level credit
using the Maryland income factor.
Personal income tax credits from Form 502CR and business tax
credits from Form 500CR should be entered in the appropriate
field on line 12a. If these amounts are different from the original
return, be sure to attach the completed Form 502CR and/or
Form 500CR with appropriate documentation or certifications.
Tax Rate Schedule I
F
or taxpayers ling as Single, Married Filing Separately, or as
Dependent Taxpayers. This rate is also used for taxpayers ling as
Fiduciaries.
If taxable net income is: Maryland Tax is:
At least: but not over:
$0 $1,000 2.00% of taxable net income
$1,000 $2,000 $20.00 plus 3.00% of excess over $1,000
$2,000 $3,000 $50.00 plus 4.00% of excess over $2,000
$3,000 $100,000 $90.00 plus 4.75% of excess over $3,000
$100,000 $125,000 $4,697.50 plus 5.00% of excess over $100,000
$125,000 $150,000 $5,947.50 plus 5.25% of excess over $125,000
$150,000 $250,000 $7,260.00 plus 5.50% of excess over $150,000
$250,000 $12,760.00 plus 5.75% of excess over $250,000
Tax Rate Schedule II
F
or taxpayers ling Joint, Head of Household, or for Qualifying
Widows/Widowers.
If taxable net income is: Maryland Tax is:
At least: but not over:
$0 $1,000 2.00% of taxable net income
$1,000 $2,000 $20.00 plus 3.00% of excess over $1,000
$2,000 $3,000 $50.00 plus 4.00% of excess over $2,000
$3,000 $150,000 $90.00 plus 4.75% of excess over $3,000
$150,000 $175,000 $7,072.50 plus 5.00% of excess over $150,000
$175,000 $225,000 $8,322.50 plus 5.25% of excess over $175,000
$225,000 $300,000 $10,947.50 plus 5.50% of excess over $225,000
$300,000 $15,072.50 plus 5.75% of excess over $300,000
2018 Tax Rate Schedules
If the total credits on line 12a are greater than the tax on line
12, enter zero on line 12b. The credits entered on line 12a are
nonrefundable. For information concerning refundable credits,
see Instruction 9.
You must file your amended return electronically to
claim a business tax credit from Form 500CR.
7
SPECIAL NONRESIDENT INCOME TAX.
The special nonresident tax is calculated on line 17 of revised
Form 505NR.
8
CONTRIBUTIONS TO THE CHESAPEAKE BAY AND
ENDANGERED SPECIES FUND, DEVELOPMENTAL
DISABILITIES SERVICES AND SUPPORT FUND,
MARYLAND CANCER FUND AND FAIR CAMPAIGN
FINANCING FUND.
Enter the amounts of your contribution in 13a for the
Chesapeake Bay and Endangered Species Fund, 13b for the
Developmental Disabilities Services and Support Fund, 13c for
the Maryland Cancer Fund and 13d for the Fair Campaign
Financing Fund. Any contribution will increase your balance due
or reduce your refund. Enter the total of your contributions in
the appropriate columns. Additional information concerning the
funds is contained in the Maryland tax instructions for the tax
year of the amended return.
9
TAXES PAID AND CREDITS.
Write your taxes paid and credits on lines 15-19.
Enter the correct amounts on lines 15 through 18 and attach
any additional or corrected W-2 statements, photocopies of
cancelled checks or money orders for estimated account
payments not credited on your original return. Attach corrected
Form 502CR and other state returns, and/or Form 502S.
Refundable Income Tax Credits. Enter the total of your
refundable income tax credits on line 18. Attach Form 502CR
and/or 502S.
a. STUDENT LOAN DEBT RELIEF TAX CREDIT. If you have
incurred at least $20,000 in undergraduate or graduate
student loan debt, you may qualify for this credit. A copy of
the required certification from the Maryland Higher Education
Commission must be included with Form 502CR.
b. HERITAGE STRUCTURE REHABILITATION TAX CREDIT.
A credit is allowed for a percentage of qualified rehabilitation
expenditures as certified by the Maryland Historical Trust.
Attach a copy of Form 502S and certification.
c. REFUNDABLE BUSINESS INCOME TAX CREDIT. Form
500CR Instructions are available online at www.
marylandtaxes.gov. You must file Form 500CR electronically
to claim a business income tax credit.
d. IRC SECTION 1341 REPAYMENT. If you repaid an amount
this year reported as income on a prior year federal tax
return that was greater than $3,000, you may be eligible for
an IRC Section 1341 repayment credit. See Administrative
Release 40.
e. NONRESIDENT PTE TAX. If you are the beneficiary of a
trust, or a member of a PTE, for which nonresident PTE tax
was paid, you may be entitled to a share of that tax. See Form
502CR Instructions.
10
BALANCE DUE OR OVERPAYMENT.
Calculate the balance due or overpayment by subtracting
the total on line 19 from the amount on line 14 and enter
the result on either line 20 or line 21.
Enter the tax paid with the original return plus any additional
tax paid after filing on line 22 (do not enter interest or penalty
paid) OR enter the overpayment from your original return plus
any additional overpayments from prior amendments or
adjustments on line 23
.
If there is an amount on line 20:
• and line 20 is more than line 22, you owe additional tax. Enter
the difference on line 25 and compute the interest due using
the interest rates in Instruction 11.
• and there is also an amount on line 23, you owe additional
tax. Add the two together and enter the total on line 25.
Compute the interest due. See Instruction 11.
• and line 20 is less than line 22, you are due a refund. Enter
the difference on line 24.
If there is an amount on line 21:
• and line 21 is more than line 23, you are due an additional
refund. Enter the difference on line 24.
• and there is also an amount on line 22, you are due an
additional refund. Add the two together and enter on line 24.
• and line 21 is less than line 23, you owe additional tax. Enter
the difference on line 25 and compute the interest due using
the interest rates in Instruction 11.
Previous interest and penalty
Interest and/or penalty charges for the year you are amending,
whether previously paid or still outstanding, may be adjusted as
a result of your amendment. Any payments made on the
account have been applied first to penalty, then to interest and
lastly to tax due. These payments may require reallocation
depending on the result of the amendment. We will notify you
of the net balance due or refund when we have completed
processing your Form 505X.
NOTE: If all or part of the overpayment on your original return
was credited to an estimated tax account for next year, we
cannot reduce or remove this credit without specific authorization
from you. If you have a balance due, and wish to apply monies
credited to a 2019 estimated tax account, attach written
authorization for the amount to be removed. Interest charges
are assessed even if the balance due is removed from the 2018
account.
REMINDER: Attach a revised Form 505NR to your 2018 Amended Nonresident Return.
11
INTEREST ON TAX DUE AND INTEREST FOR
UNDERPAYMENT OF ESTIMATED TAX.
INTEREST ON TAX DUE
Interest must be computed and paid on any balance of tax due.
Interest is due from the date the return originally was due to be
filed until the date the tax is paid. The annual interest rate is
11% through 12/31/19. The annual interest rate will change
after 12/31/19. For additional information see www.
marylandtaxes.gov.
INTEREST ON UNDERPAYMENT OF ESTIMATED TAX
If you do not meet the requirement for avoidance of interest for
underpayment of estimated tax, obtain Form 502UP online at
www.marylandtaxes.gov or from any office of the Revenue
Administration Division. Complete and attach it to your
amended return. Enter any interest due on line 26 of Form
505X.
If you calculated and paid interest on underpayment of
estimated tax with your original return, recalculate the interest
based on your amended tax return, and attach a copy of a
revised Form 502UP showing your recalculation.
12
SIGNATURE, ATTACHMENTS AND PAYMENT
INSTRUCTIONS.
Sign and date your return on page 4 and attach all
required forms, schedules and statements.
SIGNATURES
You must sign your return. Both spouses must sign a joint
return. Your signature(s) signify that your return, in cluding all
attachments, is, to the best of your knowledge and belief, true,
correct and complete, under the penalties of perjury.
TAX PREPARERS
If another person prepared your return, that person must also
sign the return and enter their preparer’s tax identification
number (PTIN). The preparer declares that the return is based
on all information required to be reported of which the preparer
has knowledge, under the penalties of perjury. Penalties may be
imposed for tax preparers who fail to sign the tax return and
provide their preparers tax identification number.
ATTACHMENTS
Be sure to attach wage and tax statements (Forms W-2, 1099
and K-1) to the front of your return if you are claiming additional
Maryland withholding. Be sure to attach all forms, sched ules
and statements required by these in structions. Do not attach
worksheets. Enclose your check or money order, if required.
MAILING INSTRUCTIONS
Mail your return to:
Comptroller of Maryland
Revenue Administration Division
Amended Return Unit
110 Carroll Street
Annapolis, Maryland 21411-0001
PAYMENT INSTRUCTIONS
Make your check or money order pay able to “Comptroller of
Maryland.” Write the type of tax and year of tax being paid on
your check. It is recommended that you include your Social
Security Number on check using blue or black ink.
DO NOT SEND CASH.
13
NET OPERATING LOSS (NOL).
To claim a deduction for a federal NOL on the Maryland
return, you must first calculate the NOL for federal
purposes. A deduction will be allowed on the Maryland
return for the amount of the loss actually utilized on the
federal return. The amount of loss utilized for federal
purposes is generally equal to the federal taxable income
(before loss is used) or the federal modified taxable
income as calculated for the year of carryback or
carryforward.
An addition or subtraction modification may be required in a
carryback or carryforward year when the federal NOL, or the
year to which the NOL is carried, includes items included in
certain provisions of the Internal Revenue Code from which the
State of Maryland has decoupled, including certain special
depreciation allowances and 2
-year carryback provisions.
An NOL generated when an individual or a business entity is not
subject to Maryland income tax law, in a tax year beginning on
or after October 22, 2007, cannot be used as a deduction to
offset Maryland income. For acquisitions or liquidations occurring
on or after October 22, 2007, the acquiring business entity
which is subject to Maryland income tax law cannot use the
acquired or liquidated business entity’s NOL as a deduction to
offset Maryland income, if the acquired or liquidated business
entity was not subject to Maryland income tax law when its NOL
was generated. An NOL being carried forward from tax years
beginning before October 22, 2007 can be used until exhausted.
An addition to income may be required in a carryback or
carryforward year if the total Maryland additions to income
exceeds the total Maryland subtractions from income in the
loss year
. The required addition to income represents a
recapture of the excess additions over subtractions. The
addition to income required is generally equal to the lesser of
the NOL deduction in the carryback year or the net addition
modification (NAM) in the loss year unless the loss year includes
a decoupling modification. For more information regarding NAM,
refer to Administrative Release 18.
If an election to forgo a carryback is made, a copy of the federal
election for the loss year must be attached with the Maryland
amended return.
You must attach copies of federal Form 1045 or 1040X,
whichever was used for federal purposes, and a copy of
the federal income tax return for the year of the loss.
Also include Schedules A and B of Form 1045 or the
equivalent worksheets used to develop the federal NOL
and show the amounts utilized on the federal return in
the carryback or carry forward years. Check the
appropriate box on the front of Form 505X located
directly below the name and address.
14
INCOME TAX ASSISTANCE.
For more information, visit our Web site at
www.marylandtaxes.gov or email your question to:
TAXHELP@comp.state.md.us. You may also call 1-800-638-
2937 or from Central Maryland 410-260-7980.
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Form 2018: 505X NONRESIDENT AMENDED TAX RETURN MARYLAND (Comptroller of Maryland)

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Completed 21 July 2020

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