Get Maryland Withholding Tax Facts 2012 Form

Maryland Form MW507 is the state's Withholding Exemption Certificate and must be completed by all residents or employees in Maryland so your employer can withhold the correct amount from your wages.

Comptroller of Maryland Payment Processing PO Box 8888 Annapolis, MD 21401-8888 DIRECT DEPOSIT OF REFUND (See Instruction 22.)

The Maryland Form MW 507, Employee's Maryland Withholding Exemption Certificate, must be completed so that you know how much state income tax to withhold from your new employee's wages.

Single Dependent taxpayers, regardless of whether income was earned or unearned, are not required to file a Maryland income tax return unless their gross income is $12,550 or more.

For those filing separately, you can only claim one exemption for yourself and may not claim an exemption for your spouse. Those filing jointly may claim one exemption for each person.

The State of Maryland has a form that includes both the federal and state withholdings on the same form. Your current certificate remains in effect until you change it. The absence of a completed form results in being taxed at the highest rate and undeliverable paychecks.

1:05 3:24 YouthWorks 2021: MW507 - YouTube YouTube Start of suggested clip End of suggested clip 507. Form if you claim that you are exempt this means that you will have no income tax withheld fromMore507. Form if you claim that you are exempt this means that you will have no income tax withheld from your paycheck. If you do choose to file exempt do not fill out line one of this. Section.

The 7.75 percent tax must be paid to the Comptroller of Maryland with Form MW506 (Employer's Return of Income Tax Withheld). If the payor of the distribution is not currently registered with the Comptroller and has not established a withholding account, the payor can register online.