Answered: MD withholding on the proceeds of the sale of real estate property

gk · ‎03-09-2022

Hi,

I have never filed a MD non resident tax return and I seem to be having difficulty doing so. Client sold an investment property in MD , resides in virginia. There was 9k tax withheld at closing. How to file for exemption of MD withholding.

GK

sjrcpa · ‎03-09-2022

You request the exemption from the Comptroller's office directly; not with a nonresident tax return.

The more I know, the more I don't know.

View solution in original post

sjrcpa · ‎03-09-2022

You request the exemption from the Comptroller's office directly; not with a nonresident tax return.

The more I know, the more I don't know.

gk · ‎03-09-2022

Thank you. so which form i have to use for exemption . Is that MW506E?

MD withholding on the proceeds of the sale of real estate property

©1997-2024 Intuit, Inc. All rights reserved.

Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

By accessing and using this page you agree to the Terms and Conditions.