Form 500D "Corporation Declaration of Estimated Income Tax" - Maryland

What Is Form 500D?

This is a legal form that was released by the Comptroller of Maryland - a government authority operating within Maryland. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • The latest edition provided by the Comptroller of Maryland;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form 500D by clicking the link below or browse more documents and templates provided by the Comptroller of Maryland.

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Download Form 500D "Corporation Declaration of Estimated Income Tax" - Maryland

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2017
MARYLAND
CORPORATION
FORM
DECLARATION OF
500D
ESTIMATED INCOME TAX
OR FISCAL YEAR BEGINNING
2017, ENDING
Federal Employer Identification Number (9 digits)
Name
Current Mailing Address Line 1 (Street No. and Street Name or PO Box)
For Office Use Only
Current Mailing Address Line 2 (Apt No., Suite No., Floor No.)
ME
YE
EC
EC
City or town
State
ZIP code
+4
USE THIS FORM TO REMIT ANY ESTIMATED PAYMENT DUE AT THIS TIME. IF FORMS ARE NEEDED TO MAKE ADDITIONAL
INSTALLMENTS OF THE CURRENT TAX YEAR, SEE THE INSTRUCTIONS FOR MORE INFORMATION.
IMPORTANT: Review the instructions before completing this form. If you are using this form for subsequent estimated payments,
you do not need to complete this worksheet if you previously have calculated the amount you need to pay each quarter.
ESTIMATED TAX WORKSHEET
1. Taxable income expected for the tax year or period BEGINNING in 2017 . . . . . . . . . . . . . . . 1.
.
2. Estimated income tax due for the year (8.25% of line 1, reduced by any tax credits) . . . . . . 2.
.
3. Estimated tax due per quarter (line 2 divided by four) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
.
Estimated tax paid for 2017 with this declaration. . . . . . . . . . . . . . . . . . . . . . . . . . .
$
.
Make checks payable to and mail to:
Comptroller Of Maryland
Revenue Administration Division
110 Carroll Street
Annapolis, Maryland 21411-0001
(Write Your Federal Employer Identification Number On Check Using Blue Or Black Ink.)
COM/RAD-002
2017
MARYLAND
CORPORATION
FORM
DECLARATION OF
500D
ESTIMATED INCOME TAX
OR FISCAL YEAR BEGINNING
2017, ENDING
Federal Employer Identification Number (9 digits)
Name
Current Mailing Address Line 1 (Street No. and Street Name or PO Box)
For Office Use Only
Current Mailing Address Line 2 (Apt No., Suite No., Floor No.)
ME
YE
EC
EC
City or town
State
ZIP code
+4
USE THIS FORM TO REMIT ANY ESTIMATED PAYMENT DUE AT THIS TIME. IF FORMS ARE NEEDED TO MAKE ADDITIONAL
INSTALLMENTS OF THE CURRENT TAX YEAR, SEE THE INSTRUCTIONS FOR MORE INFORMATION.
IMPORTANT: Review the instructions before completing this form. If you are using this form for subsequent estimated payments,
you do not need to complete this worksheet if you previously have calculated the amount you need to pay each quarter.
ESTIMATED TAX WORKSHEET
1. Taxable income expected for the tax year or period BEGINNING in 2017 . . . . . . . . . . . . . . . 1.
.
2. Estimated income tax due for the year (8.25% of line 1, reduced by any tax credits) . . . . . . 2.
.
3. Estimated tax due per quarter (line 2 divided by four) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
.
Estimated tax paid for 2017 with this declaration. . . . . . . . . . . . . . . . . . . . . . . . . . .
$
.
Make checks payable to and mail to:
Comptroller Of Maryland
Revenue Administration Division
110 Carroll Street
Annapolis, Maryland 21411-0001
(Write Your Federal Employer Identification Number On Check Using Blue Or Black Ink.)
COM/RAD-002
2017
CORPORATION DECLARATION OF
MARYLAND
FORM
ESTIMATED INCOME TAX
500D
INSTRUCTIONS
Purpose of Form Form 500D is used by a corporation to
Enter the Federal Employer Identification Number (FEIN). If
declare and remit estimated income tax.
the FEIN has not been secured, enter “APPLIED FOR”
followed by the date of application. If a FEIN has not been
Corporations expected to be subject to estimated tax
applied for, do so immediately.
requirements should use Form 500D to remit any payment
due.
Payment Instructions Enter the amount of estimated tax
paid in the space provided. Include a check or money order
NOTE: Do not use this form to remit estimated tax for Form
made payable to Comptroller of Maryland. All payments
510 or to remit employer withholding tax.
must indicate the FEIN, type of tax and tax year beginning
General Requirements Every corporation that reasonably
and ending dates. DO NOT SEND CASH.
expects its Maryland taxable income to develop a tax in
You may pay your estimated tax using one of the following
excess of $1,000 for the tax year or period must make
methods:
estimated income tax payments. The total estimated tax
payments for the year must be at least 90% of the tax
1) Electronic Funds Transfer Taxpayers must register
developed for the current year or 110% of the tax that was
before using this method. To obtain a registration form,
developed for the prior year to avoid interest and/or
visit www.marylandtaxes.com or call 410-260-7980.
If payment is made by electronic funds transfer, do not
penalty. At least 25% of the total estimated tax must be
remitted by each of the installment due dates. The
mail Form 500D; retain for company’s records.
annualization method for calculating estimated tax is not
2) Filing Electronically using Modernized Electronic
permitted for corporations.
Filing method (software provider must be approved by
the IRS and Revenue Administration Division). If filed
In the case of a short tax period, the total estimated tax
payment required is the same as for a regular tax year: 90%
electronically, do not mail Form 500D; retain it
with company’s records.
of the tax developed for the current (short) tax year or
110% of the tax that was developed for the prior tax year.
Taxpayers making payments of $10,000 or more must
The minimum estimated tax for each of the installment due
use one of these two electronic methods. If you need to
dates is the total estimated tax required divided by the
make additional payments for the current tax year, you
number of installment due dates occurring during the short
may file electronically, or, you can visit www.
tax year. However, if the corporation has a short tax period
marylandtaxes.com and download another Form
of less than 4 months, it does not have to pay estimated
500D.
tax nor file Form 500D.
3) Mailing Instructions Mail payment and completed
Maryland law provides for the accrual of interest and
Form 500D to:
imposition of penalty for failure to pay any tax when due.
Comptroller of Maryland
If it is necessary to amend the estimate, recalculate the
Revenue Administration Division
amount of estimated tax required using the estimated tax
110 Carroll Street
worksheet provided. Adjust the amount of the next
Annapolis, MD 21411-0001
installment to reflect any previous underpayment or
overpayment. The remaining installments must be at least
25% of the amended estimated tax due for the year.
Consolidated returns are not allowed under Maryland law.
Affiliated corporations that file a consolidated federal return
must file separate Maryland declarations for each member
corporation.
When to File File Form 500D on or before the 15th day of
the 4th, 6th, 9th and 12th months following the beginning
of the tax year or period. In addition to payments with Form
500D, the corporation may partially or fully apply any
overpayment from the prior year Form 500 – Maryland
Corporation Income Tax Return to the estimated tax
obligation for this year.
Tax Year or Period Enter the beginning and ending dates
of the tax year in the space provided.
The same tax year or period used for the federal return
must be used for Form 500D.
Name, Address and Other Information Type or print
the required information in the designated area.
Enter the name exactly as specified in the Articles of
Incorporation, or as amended, and continue with any
“Trading As” (T/A) name if applicable.
COM/RAD-002
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