Maryland Application for an Extension to File Corporation Income Tax Return
Extracted from PDF file 2022-maryland-form-500e.pdf, last modified November 2018
Application for an Extension to File Corporation Income Tax ReturnMARYLAND FORM 500E 2022 APPLICATION FOR EXTENSION TO FILE CORPORATION INCOME TAX RETURN OR FISCAL YEAR BEGINNING 2022, ENDING Federal Employer Identification Number (9 digits) Print Using Blue or Black Ink Only Name Current Mailing Address (PO Box, number, street and apt. no) Current Mailing Address Line 2 (Apt No., Suite No., Floor No.) City or Town State Foreign Country Name ZIP Code + 4 Foreign Province/State/County Foreign Postal Code For Office Use Only STAPLE CHECK HERE ME YE EC EC IF NO TAX IS DUE WITH THIS EXTENSION, DO NOT MAIL THIS PAPER FORM UNLESS IT IS THE FIRST FILING OF THE ENTITY, INSTEAD FILE THE EXTENSION AT: www.marylandtaxes.gov OR CALL 410-260-7829 FROM CENTRAL MARYLAND OR 1-800-260-3664 FROM ELSEWHERE TO TELEFILE THIS FORM. Check here if you are a first time filer or your mailing address has changed. TAX PAYMENT WORKSHEET INSTRUCTIONS Line 1 – Tax liability Enter the total amount of income tax the corporation is expected to owe. Use Form 500 as a worksheet. Line 2 – Estimated tax payments Enter the total amount of Maryland estimated tax paid with Form 500D for the tax year. Include any overpayment from the prior period that was credited to the current tax year. Line 3 – Allowable tax credits Enter the allowable tax credits from Form 500CR or 502S or tax paid on the corporation’s behalf by a pass-through entity. Line 4 – Total payments and credits Add lines 2 and 3 and enter the total on line 4. Line 5 – Tax due Subtract line 4 from line 1 and enter the result on line 5. This is the tax to be paid with the application for extension. TAX PAYMENT WORKSHEET 1. Tax liability expected for the current tax year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1. 2. Estimated tax payments and amount credited from the prior period. . . . . . . . . . . . . . . 2. 3. Allowable tax credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. 4. Total payments and credits. Add lines 2 and 3 and enter here . . . . . . . . . . . . . . . . . . . . . . . . . . 4. 5. Tax due - Subtract line 4 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. TAX PAID WITH THIS EXTENSION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (If filing and paying electronically, do not mail this form.) $ .00 .00 .00 .00 .00 .00 IF NO TAX IS DUE WITH THIS EXTENSION, DO NOT MAIL THIS PAPER FORM UNLESS IT IS THE FIRST FILING OF THE ENTITY, INSTEAD FILE THE EXTENSION AT: www.marylandtaxes.gov OR CALL 410-260-7829 FROM CENTR AL MARYLAND OR 1-800-260-3664 FROM ELSEWHERE TO TELEFILE THIS FORM. COM/RAD-003 MARYLAND FORM 500E Purpose of Form Maryland law provides for an extension of time to file the corporation income tax return (Form 500), but not to pay the tax due. Use Form 500E to remit any tax that may be due. Also use Form 500E if this is the first filing of the corporation even if no tax is due. Note: Do not use this form to extend the time for filing a Form 510 or to remit employer withholding tax. General Requirements Extensions are allowable for up to seven months from the original due date. An automatic sevenmonth extension will be granted if Form 500E is filed by the original due date. • If no tax is due - File the extension online, telefile or use Form 500E if this is the first filing of the corporation. • If tax is due - Make full payment by electronic funds transfer or by using Form 500E if paying by check or money order. Consolidated returns are not allowed under Maryland law. Affiliated corporations that file a consolidated federal return must file a separate Maryland extension for each member corporation. Do not mail the Form 500E if, after completing the Tax Payment Worksheet, no additional tax is due. Instead, you may telefile or file on our website unless this is the first filing of the corporation. However, if an unpaid liability is disclosed when the return is filed, penalty and interest charges may be due in addition to the tax. When to file File Form 500E by the 15th day of the fourth month following the close of the tax year or period, or, by the original due date required for filing the federal income tax return. Name, Address and Other Information Type or print the required information in the designated area. Enter the federal employer identification number (FEIN). If a FEIN has not been secured, enter “APPLIED FOR” followed by the date of application. If a FEIN has not been applied for, do so immediately. Enter the name exac tly as specif ied in the Ar ticles of Incorporation, or as amended, and continue with any “Trading As” (T/A) name, if applicable. Tax Year or Period Enter the beginning and ending dates of the tax year in the space provided if the tax year is other than a calendar year. The same tax year or period used for the federal return must be used for Form 500E. COM/RAD-003 2022 APPLICATION FOR EXTENSION TO FILE CORPORATION INCOME TAX RETURN INSTRUCTIONS How to file Complete the Tax Payment Worksheet on page 1. If line 5 is zero, file in one of the following ways: 1) Telefile – Request an automatic extension by calling 410260-7829 from Central Maryland or 1-800-260-3664 from elsewhere to telefile this form. Please have the form available when making the call. Note: Telefile service is available 24 hours a day, 7 days a week. Calling during non-peak hours will make it easier to file. 2) I n t e r n e t – w w w . m a r y l a n d t a x e s . g o v / o n l i n e services/business.php If filed by Internet, do not mail 500E; retain it with the company’s records. 3) Filing electronically using Modernized Electronic Filing (MeF) method (software provider must be approved by the IRS and Revenue Administration Division). If filed electronically, do not mail 500E; retain it with company’s records. 4) First filing of corporation – Mail Form 500E. If line 5 shows an amount due, file in one of the following ways: 1) Electronic Funds Transfer – Taxpayers must register before using this method. To obtain a registration form, visit www.marylandtaxes.gov or call 410-260-7980. If payment is made by electronic funds transfer, do not mail; retain for company’s records. 2) Filing electronically using Modernized Electronic Filing (MeF) method (software provider must be approved by the IRS and Revenue Administration Division). If filed electronically, do not mail 500E; retain it with company’s records. Taxpayers making payments of $10,000 or more must use one of these two electronic methods. 3) Payment by check or money order – Complete Form 500E and mail to: Comptroller of Maryland Revenue Administration Division 110 Carroll Street Annapolis, MD 21411-0001 Payment Instructions Include a check or money order made payable to Comptroller of Maryland. All payments must indicate the FEIN, type of tax and tax year beginning and ending dates. DO NOT SEND CASH.
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More about the Maryland Form 500E Corporate Income Tax Extension TY 2022
Maryland law provides for an extension of time to file the corporation income tax return (Form 500), but not to pay the tax due. Use Form 500E to remit any tax that may be due. Also use Form 500E if this is the first filing of the corporation even if no tax is due.
We last updated the Application for an Extension to File Corporation Income Tax Return in January 2023, so this is the latest version of Form 500E, fully updated for tax year 2022. You can download or print current or past-year PDFs of Form 500E directly from TaxFormFinder. You can print other Maryland tax forms here.
Other Maryland Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 510E||Application for Extension to File Pass-Through Entity|
|Form 500X||Amended Corporation Income Tax Return|
|Fiduciary Booklet||Maryland Instructions for Fiduciaries|
|Form 500||Maryland Corporation Income Tax Return|
|500CR-Instructions||Business Income Tax Credits|
Maryland usually releases forms for the current tax year between January and April. We last updated Maryland Form 500E from the Comptroller of Maryland in January 2023.
Form 500E is a Maryland Corporate Income Tax form. The IRS and most states will grant an automatic 6-month extension of time to file income tax and other types of tax returns, which can be obtained by filing the proper extension request form. Obtaining an extension will prevent you from being subject to often very large failure-to-file penalties. However, in most cases this extension does not exempt you from the requirement to pay any tax owed in full by the return's original filing date.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Maryland Form 500E
We have a total of twelve past-year versions of Form 500E in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Tax Year 2019 - Form 500E Application For Extension To File Corporation Income Tax Return
While we do our best to keep our list of Maryland Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.