Maryland Form 504E PDF Details

In the realm of fiduciary income tax obligations, the Maryland 504E form emerges as a pivotal tool for estates and trusts navigating the complexities of tax filing deadlines. The essence of this form lies in its ability to grant an automatic six-month extension for filing the Form 504, the Fiduciary Income Tax Return, which is indispensable for fiduciaries managing the fiscal responsibilities of estates or trusts. Detailed within the form are sections necessitating the informative breakdown of tax-related figures such as total income tax liability, withheld taxes, estimated tax payments, and other pertinent credits, all converging to determine the income tax balance due. Significantly, this form underscores the strict conditional premise that to benefit from this extension, a fiduciary must accurately complete and submit the form by the original due date of the return, accompanied by the complete payment of the tax balance delineated on line 6. The form also caters to scenarios necessitating extensions beyond the standard six months, albeit with clear stipulations and limit caps, emphasizing the Maryland Revenue Administration Division's intent to accommodate varied fiduciary circumstances while maintaining tax regulation integrity. The strategic submission of this form to the aforementioned division in Annapolis is crucial, serving as a procedural step that, while extending the filing period, does not alleviate the fiduciary's obligation to pay taxes timely, with penalties awaiting those who default on this fiscal duty.

QuestionAnswer
Form NameMaryland Form 504E
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names2012, Fiduciaries, accrue, COMPTROLLER

Form Preview Example

FORM

MARYLAND

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

APPLICATION FOR

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

504E EXTENSION TO FILE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FIDUCIARY INCOME TAX RETURN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OR FISCAL YEAR BEGINNING

2011, ENDING

OnlyInk

 

 

 

 

 

Federal employer identification number (9 digits)

 

 

 

 

 

 

Blackor

 

 

 

 

 

Name of estate or trust

 

 

 

 

 

 

 

Blue

Name and title of fiduciary

 

 

 

 

 

UsingPrint

 

 

 

Number and street

 

 

 

 

 

 

 

 

 

 

 

Please

City or town

State

ZIP code

 

 

 

 

 

 

ME

For Office Use Only

YE

EC

EC

 

 

 

Tax Payment Worksheet

1.

Total income tax liability for 2011 (You may estimate this amount)

. . . . . . . . . . . . . . . . .. . .1.

 

 

Note: You must enter an amount on line 1. If you do not expect to owe tax, enter zero (0).

 

2.

Maryland income tax withheld

2.

 

 

 

 

3.

2011 estimated tax payments

3.

 

 

 

 

4.

Other payments and credits

4.

 

 

 

 

 

 

 

 

 

5.

Add lines 2, 3 and 4

. . .5

 

6.

Income tax balance due (Subtract line 5 from line 1).

 

 

 

 

 

 

 

If line 5 is more than line 1, enter zero (0)

. . .6

 

 

 

 

 

 

TAX PAID WITH THIS EXTENSION

 

$

 

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Make checks payable to and mail to:

COMPTROLLER OF MARYLAND

REVENUE ADMINISTRATION DIVISION

110 Carroll Street

Annapolis, Maryland 21411-0001

(Write federal employer identification number on check)

COM/RAD-056 11-49

INSTRUCTIONS FOR

FORM 504E 2011

MARYLAND

APPLICATION FOR EXTENSION TO FILE FIDUCIARY INCOME TAX RETURN

PAGE 2

GENERAL INSTRUCTIONS

Purpose of Form

Use Form 504E to receive an automatic six month extension to file Form 504.

To get the extension you MUST:

1.fill in Form 504E correctly AND

2.file it by the due date of your return AND

3.pay ALL of the amount shown on line 6.

Fiduciaries requesting an extension of more than six months must enter on this application the reason for the request. No extension request will be granted for more than six months, except in the case of a fiduciary who is out of the United States. In no case will an extension be granted for more than one year from the due date for submitting the fiduciary tax return. See Administrative Release 4.

When to File Form 504E

File Form 504E by April 15, 2012. If you are filing on a fiscal year basis, file by the regular due date of your return.

Where to File

Mail this form to the Maryland Revenue Administra- tion Division, 110 Carroll Street, Annapolis, MD 21411-0001.

Filing Your Tax Return

You may file Form 504 at any time before the end of the extension period. Remember, Form 504E does not extend the time to pay taxes. If you do not pay the amount due by the regular due date, you will owe interest and be subject to a penalty.

Interest

You will owe interest on tax not paid by the regular due date of your return. The interest will accrue until you pay the tax. Even if you had a good reason not to pay on time, you will still owe interest.

Penalty

If tax and interest is not paid promptly, a penalty will be assessed on the tax.

How to Claim Credit for Payment Made with This Form

When you file your return, show the amount of any payment (line 6) sent with Form 504E on line 31 of your return.

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