Maryland Form 505NR (COM / RAD-318) Nonresident Income Tax Calculation - Maryland

What Is Maryland Form 505NR (COM/RAD-318)?

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

FAQ

Q: What is Maryland Form 505NR?
A: Maryland Form 505NR is a tax form used to calculate nonresident income tax in the state of Maryland.

Q: Who needs to file Maryland Form 505NR?
A: Nonresidents who have income from Maryland sources and need to calculate their Maryland nonresident income tax must file Form 505NR.

Q: What is the purpose of Form 505NR?
A: Form 505NR is used to determine the amount of nonresident income tax owed to the state of Maryland.

Q: What does COM/RAD-318 stand for?
A: COM/RAD-318 is the form number for Maryland Form 505NR.

Q: Do I need to file Maryland Form 505NR if I am a resident of Maryland?
A: No, Maryland Form 505NR is specifically for nonresidents who have income from Maryland sources. Maryland residents should file Form 502 or Form 503.

Q: What types of income are subject to Maryland nonresident income tax?
A: Income from Maryland sources such as wages, salaries, tips, commissions, royalties, and rental income is subject to Maryland nonresident income tax.

Q: How do I calculate my Maryland nonresident income tax?
A: To calculate your Maryland nonresident income tax, you will need to complete Form 505NR and follow the instructions provided on the form.

Q: When is the deadline to file Maryland Form 505NR?
A: The deadline to file Maryland Form 505NR is the same as the deadline for filing your federal income tax return, which is usually April 15th of each year.

Q: Are there any penalties for late filing or failure to file Maryland Form 505NR?
A: Yes, if you fail to file Maryland Form 505NR or file it late, you may be subject to penalties and interest charges.