Maryland Form 503 – Fill Out and Use This PDF

The Maryland 503 form is officially recognized as the resident income tax return, designed for individuals who maintain their domicile in Maryland during the last day of the taxable period. This document facilitates the process of reporting income, calculating tax liabilities, and applying for available credits, specifically tailored for residents who meet certain eligibility criteria outlined within its instructions. For individuals ready to file their state taxes accurately and efficiently, a deeper understanding of this form and its requirements is the first step.

Ready to navigate your tax obligations with ease? Click the button below to fill out your Maryland 503 form today.

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Maryland Form 503 PDF Details

Tucked within the maze of state tax documentation, the Maryland 503 form emerges as a concise option for residents fulfilling their tax obligations. Designed for a specific taxpayer demographic, this document caters to those seeking a straightforward path through their annual tax return process. The form intrinsically guides the user through a series of sections capturing personal information, income details, deductions, and credits, ultimately calculating the taxpayer's Maryland state tax liability or refund. Particularly empowering for individuals and families with less complex financial landscapes, Form 503 dispenses with the intricacies that more comprehensive forms entail. Its structure prompts taxpayers to report adjusted gross income as derived from their federal return, make standard deductions, and navigate exemptions—tailored to various statuses such as age and blindness—thereby arriving at the taxable net income. Maryland's approach underscores both fiscal responsibility and an intuitive, user-friendly tax filing experience. Moreover, the form incorporates provisions for direct tax contributions to state initiatives, amplifying the societal impact of tax returns. Despite its condensed nature, the Form 503 does not compromise on the essentials, encapsulating the core elements of tax computation while offering a practical tool for residents who meet its criteria.

Question	Answer
Form Name	Maryland Form 503
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	503 maryland form 503 for 2008

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FORM

503 MARYLAND TAX RETURN

RESIDENT

		Your first name	Initial	Last name
PrintPlease	InkBlackorBlueOnly	Spouse’s first name	Initial	Last name
PrintPlease	InkBlackorBlueOnly	Spouse’s first name	Initial	Last name
		Present address (No. and street)		City or town
		Present address (No. and street)		City or town

2002

▶

S O C I A L S E C U R I T Y N U M B E R ( S ) ( R E Q U I R E D )

▶

State Zip code

Name of county and incorporated city, town or special taxing area in which you were a	Maryland county	City, town or taxing area
resident on the last day of the taxable period. (See Instruction 6)

YOUR FILING STATUS — See Instruction 1 to determine if you are required to file.

1.☐ Single (If you can be claimed on another person’s tax return, use Filing Status 6.)

2.☐ Married filing joint return or spouse had no income

▶ 3. ☐ Married filing separately

SPOUSE’S SOCIAL SECURITY NUMBER

4. ☐ Head of household

5. ☐ Qualifying widow(er) with dependent child

6. ☐ Dependent taxpayer (Enter 0 in Exemption Box (A)—See Instruction 7)

EXEMPTIONS — See Instruction 10					Exemption Amount
(A) Yourself	☐	Spouse ☐	Checked	(A)	× $2,400	$ _____________
			Enter No.
Check here if you are:		Spouse is:	Enter No.
Check here if you are:		Spouse is:
(B) ▶ ☐ ▶ ☐		▶ ☐ ▶ ☐		(B)	× $1,000	$ _____________
(B) ▶ ☐ ▶ ☐		▶ ☐ ▶ ☐	Checked	(B)	× $1,000	$ _____________
65 or over	Blind	65 or over Blind	Enter	(C)	× $2,400	$ _____________
65 or over	Blind	65 or over Blind	Enter
(C) Dependent Children:			Total
(C) Dependent Children:			Total

Name(s)			Social Security number(s)
________________________________ __ __ __-__ __-__ __ __ __
________________________________ __ __ __-__ __-__ __ __ __
		65	Enter
(D) Other Dependents:		Regular ☐ or over ☐	Total	(D)	× $2,400	$ ____________
Name(s) and Relationship(s)			Social Security number(s)
________________________________ __ __ __-__ __-__ __ __ __
________________________________ __ __ __-__ __-__ __ __ __
(E) Enter Total Exemptions (Add A, B, C and D) ▶ (E)					Total	$ _____________
					Total
					Amount
					Amount

of your wage	ONE staple.
money order on top	and attach here with
Place your check or	and tax statements

																																																													Dollars			Cents
																																																								▶
1.		Adjusted gross income from your federal return (See Instruction 11)																																																						▶			1
1.																																								.		. . . .	. . .	. . .	.	.	.	.	.	. .	. .	.

1a.		How much of line 1 represents wages, salaries and/or tips?																																						1a
1a.		How much of line 1 represents wages, salaries and/or tips?
																																																								▶
2.	Standard deduction (See Instruction 16)																																																							▶			2
2.	Standard deduction (See Instruction 16)														.		. .	.		. .	.		. .		. . .		.	. .		.	.		. .	.		. . .	. .	. .		.	.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. . .


3.	Net income (Subtract line 2 from line 1)															.		. .	.		. .	.		. .		. . .		.	. .		.	.		. .	.		. . .	. .	. .		.	.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. . .					3

4.	Exemption amount as computed above															.		. .	.		. .	.		. .		. . .		.	. .		.	.		. .	.		. . .	. .	. .		.	.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. . .					4

5.	Taxable net income (Subtract line 4 from line 3. GO TO TAX TABLE, page 18.)																																									.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. . .					5

6.	Maryland tax (from Tax Table or Computation Worksheet)																											.	. .		.	.		. .	.		. . .	. .	. .		.	.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. .					6

7.	Earned income credit ▶													Poverty level credit ▶																															(See Instruction 18) Total														7
					7a																								7b																														7
					7a																								7b
8.	Maryland tax after credits (Subtract line 7 from line 6) If less than 0, enter 0																																										.		. . . . . . . . . . . . . . . . .. . .														8
9.	Local tax (See Instruction 19 for tax rates and worksheet.) Multiply line 5 by your local tax rate .0																																													___ ___ ___ or
9.																																														___ ___ ___ or
	use the local tax worksheet																																																										9
	use the local tax worksheet						. .		. . .	. .	.	.	.	. .	.		. .	.		. .	.		. .		. . .		.	. .		.	.		. .	.		. . .	. .	. .		.	.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. . .

10.	Local: Earned income credit ▶					10a									Poverty level credit ▶																	10b													(See Instruction 19) Total														10
11.																																																											11
11.	Local tax after credits (Subtract line 10 from line 9) If less than 0, enter 0																																												. . . .	. . .	. . . .		.	.	.	.	. . .	. . .					11

12.	Total Maryland and local tax (Add lines 8 and 11)														.	.		. .	.		. .	.		. .		. . .		.	. .		.	.		. .	.		. . .	. .	. .		.	.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. . .					12

																																																								▶
13.	Contribution to Chesapeake Bay and Endangered Species Fund (See Instruction 20)																																																							▶			13
13.																																								.	.	.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. . .

																																																								▶
14.	Contribution to Fair Campaign Financing Fund (See Instruction 20)																																																							▶			14
14.																																								. . . .	. . .	. . . .		.	.	.	.	. . .	. . .

15.	Total Maryland income tax, local income tax and contributions (Add lines 12, 13 and 14)																																														.	.	.	.	. . .	. . .					15

16.	Total Maryland and local tax withheld (Enter total from and attach your W-2 and 1099 forms if MD tax is withheld) . . .																																													▶					16
																																																								▶
17.	Refundable earned income credit (from worksheet in Instruction 21)																																																							▶		17
17.																																								. . . .	. . .	. . . .		.	.	.	.	. . .	. . .


18.	Total payments and credit (Add lines 16 and 17)														. .	.		. .	.		. .	.		. .		. . .		.	. .		.	.		. .	.		. . .	. .	. .		.	.	.		. . . .	. . .	. . . .		.	.	.	.	. . .	. . .				18

19.	Balance due (If line 15 is more than line 18, subtract line 18 from line 15)																																																							▶		19
19.																																								. .		.	. . .	. . . .	. . .		. .	.	.	.	. .	. .	.
20.	Overpayment (If line 15 is less than line 18, subtract line 15 from line 18) See line 23																																							.	.	.	.		. .This is your							REFUND ▶						20

21.	Interest charges from Form 502UP ▶																				or for late filing																								(See Instruction 22) Total											▶			21
22.	TOTAL AMOUNT DUE (Add lines 19 and 21) . . .														. .	.		. .		.	. .		.	. .		IF $1 OR MORE, PAY IN FULL WITH THIS RETURN																																	22
For credit card payment check here								and see Instruction 24. Direct debit is available only if you file electronically.
DIRECT DEPOSIT OF REFUND (See Instruction 22) Please be sure the account information is correct.																																																					Checking							Savings
23.To choose the direct deposit option, complete the following information:																																					23a. Type of account: ▶																Checking							Savings
23b. Routing number ▶																								23c. Account number ▶
23b. Routing number ▶																								23c. Account number ▶


																																																														▶
			-	-											-											-																																					Check here if you use a paid
			-	-											-											-																																					Check here if you use a paid
																																																														preparer and do not want Maryland
Daytime telephone no.										Home telephone no.																																			CODE NUMBER								FOR OFFICE USE ONLY									forms mailed to you next year.
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements and to the																																																Make checks payable to: COMPTROLLER OF MARYLAND.
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																																																Write social security no. on check using blue or black ink.
all information of which the preparer has any knowledge. Check here																		if you authorize your preparer to discuss this return with us.																													Mail to: Comptroller of Maryland, Revenue Administration Division,
																																																							Annapolis, Maryland 21411-0001

Your signature

Date

Signature of preparer other than taxpayer

Preparer’s SSN or PTIN

Spouse’s signature

Date

Address and telephone number of preparer

COM/RAD-00902-49

2002 MARYLAND FORM 503

WHO MAY USE THIS FORM?

You may use this short form (Form 503) if you answer “NO” to ALL of these questions

PAGE 2

YES NO

1.☐ ☐ Will you have any Additions to Income or Subtractions from Income on your Maryland return? If you are eligible for a subtraction, such as the pension exclusion, it will be to your benefit to use Form 502. If you have a state pickup amount on your Form W-2, you must use Form 502.

2.☐ ☐ Do you want to itemize deductions?

3.☐ ☐ Did you make estimated payments in 2002, have part or all of your 2001 refund applied to your

2002 estimated account or make a payment with an extension request, Form 502E?

4.☐ ☐ Are you claiming a tax credit on Maryland Form 500CR or Form 502CR?

YES NO

5.☐ ☐ Were you a nonresident of Maryland?

6.☐ ☐ Were you a part-year resident of Maryland?

7.☐ ☐ Does your return cover less than a 12 month period?

8.☐ ☐ Were you a fiscal year taxpayer?

9.☐ ☐ Will you want part or all of your refund credited to next year’s estimated account?

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Maryland Form 503 writing process described (portion 1)

2. Once your current task is complete, take the next step – fill out all of these fields - e g a w, r u o y f o, p o t, n o, r e d r o, y e n o m, r o, k c e h c r u o y e c a l P, e l p a t s E N O h t i, w e r e h, h c a t t a, d n a s t n e m e t a t s x a t, d n a, How much of line represents wages, and Net income Subtract line from with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Part # 2 in completing Maryland Form 503

A lot of people frequently get some points incorrect when completing p o t in this section. Ensure you re-examine whatever you enter here.

3. This next section is relatively uncomplicated, TOTAL AMOUNT DUE Add lines and, a Type of account, Checking, Savings, b Routing number, c Account number, Daytime telephone no, Home telephone no, CODE NUMBER, FOR OFFICE USE ONLY, Check here if you use a paid, Under penalties of perjury I, Make checks payable to COMPTROLLER, Mail to Comptroller of Maryland, and Annapolis Maryland - all of these blanks will need to be filled in here.

Make checks payable to COMPTROLLER, a Type of account, and Savings inside Maryland Form 503

4. It's time to complete this next part! Here you will have all of these YES NO, YES NO, Will you have any Additions to, Were you a nonresident of, Subtractions from Income on your, Were you a partyear resident of, Maryland, Does your return cover less, Do you want to itemize, month period, Did you make estimated payments, Were you a fiscal year taxpayer, part or all of your refund, Are you claiming a tax credit, and CR or Form CR empty form fields to complete.

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Maryland Form 503 – Fill Out and Use This PDF

Maryland Form 503 PDF Details

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