Prepare Free Your Maryland State Tax Filing 2015 – 2016
Free tax filing online is very suitable to file your Maryland income tax return using free tax preparation software. Just complete the forms given by the system entering your detail without errors. As you go through the step-by-step guideline, you will complete your Maryland income tax return preparing without trouble free and your tax return filed within few minutes. Your task will become very easy. You can file online Federal tax and state tax at your convenience.
Basically 3 options to get your Maryland state tax refund online.
Tax payers can either allow the government directly deposit your income tax refund into bank account, have a check mailed to you, or apply your tax refund to next year’s income tax.
- Maryland state tax filing electronically or online is a best option when you expect a refund check. IRS can process your tax return and matter tax refunds much faster than if you mailed a paper return.
- Filing and preparing your Maryland state tax directly from your own computer will cost you much less than going to an income tax professional.
Get Maryland State Tax Filing Form
We are providing to you all the necessary forms of Maryland tax return 2016 for online state filing. All the required forms are available from our site. We are also providing detailed instructions on the filing of the Maryland tax returns and also provide instructions, except for the simple forms, that may be easy to complete.
Maryland 1099 Rules | E-File MD 1099’s
Looking for Maryland 1099 Filing Requirements?
- File the following forms with the state of Maryland: 1099-R and 1099-S.
- Filing due dates: File the state copy of form 1099 with the Maryland taxation agency by February 29, 2016.
- Reporting threshold: If you file 25 or more 1099 forms with Maryland you must file electronically.
The Maryland (MD) state sales tax rate is currently 6.0%.
Maryland sales tax because of its single state tax rate is one of the few states that does not require extensive maintenance and allows Independent Systems to concentrate on the more complex taxing entities.
Maryland 2015 Tax Updates
The Maryland Revenue Administration Division made a few minor changes that will affect this 2014 tax year. For those who are 65 years or older or totally disabled, the pension exclusion you can claim has been raised from $27,800 to $29,000. Additionally, the Long Term Care Insurance Credit has been raised from $360 to $370 for family members 40 years or younger.
Three new subtractions from income have been added, including a subtraction for any unreimbursed expenses paid on behalf of a foster child, a subtraction for any student loan debt that was discharged due to disability or death, and a subtraction for mortgage loan forgiveness that is taxable on your federal return.
For anyone who has claimed the subtraction for unreimbursed vehicle travel expenses for a charitable organization or the subtraction for income earned in an arts and entertainment district in the past, we also now support Form 502V and Form 502AE for the 2014 tax year to help you claim these subtractions.
Supported Maryland Tax Forms 2016
FreeTaxFilingUSA supports the following Maryland forms:
- Form 502
- Form 505
- Form 505NR
- Form 502B
- Form 502CR
- Form 502D
- Form 502SU
- Form 505SU
- Form 502V
- Form 502AE
- Form 500DM
- Form EL101
- Form EL102
- Form 502X (amended)
- Form 505X (amended)