Skip to main content
April 7, 2025
Question

I have to file MD non-resident form 505. We also filed a form MW506NRS (and paid taxes) related to the sale of real property in MD. Must I report the sale again on 505?

  • April 7, 2025
  • 1 reply
  • 0 views
Filed MW506NRS at time of sale and paid income tax Filing Nonresident income tax return 505 now, and can't find any way to report income from sale or earlier payment.

    1 reply

    April 8, 2025

    The MW506NRS is the Application for Tentative Refund of Withholding on 2024 Sales of Real Property by Nonresidents, it is not a tax return.  When you filed the MW506NRS you should have been refunded your withholding from the sale, which usually only happens of you are expected to pay tax on the sale.  You can check at Maryland filing requirements to see if you are required to file a tax return.