We are having an inconsistency issue with the MD form 510 when electing to pay the tax for resident members/partners/shareholders at the entity level. On partnerships, any overpayment of the tax is calculating as a refund to the entity. On S-corporations, the overpayment is disregarded at the entity level and the full amount of the taxes paid is shown proportionately on each K-1. Per the form 510 instructions and the MD tax Administrative Release, the overpayment should not be refunded to the entity. Why is the partnership calculating this way? Can I override this?
