Md. Gov. Announces $200M in Tax Refunds - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Md. Gov. Announces $200M in Tax Refunds

Posted: Updated:
(Photo: Larry Hogan) (Photo: Larry Hogan)

ANNAPOLIS, Md. - Maryland Gov. Larry Hogan and Comptroller Peter Franchot announced the largest tax refund in Maryland history Monday.

Speaking at a press conference Monday afternoon, Hogan urged eligible residents who filed and paid income taxes to another state between 2011 and 2014 to apply for a tax refund against the county portion of their Maryland state income taxes. Refunds are now taking place following a recent Supreme Court ruling related to local income taxes.

"For years I have said that Maryland citizens were being overtaxed and overcharged, and now an estimated 55,000 taxpayers are eligible for substantial income tax refunds," Hogan said. "The Supreme Court's decision earlier this year allows us to provide another $200 million in tax relief, which will immediately go back into the pockets of Maryland taxpayers, and back into our state economy."

"For the thousands of Maryland taxpayers impacted by the Wynne decision, the Comptroller's Office is working diligently to get your money back to you, where it belongs," Franchot said. "We have dedicated an enormous amount of resources, technology, and staff to getting refunds out the door as quickly as possible. To date, my office has processed more than 4,000 claims, returning more than $53 million to Marylanders."

Maryland taxpayers should visit www.WynneTaxRefund.Maryland.gov to get more information on whether they are eligible for a refund. Individual circumstances vary and taxpayers are encouraged to have a tax professional advise them regarding how this decision affects them. In general, Maryland residents who have paid taxes on income earned in certain jurisdictions of another U.S. state may be eligible for a tax refund. However, these refunds are not automatic, and taxpayers who believe they may be entitled to a refund are encouraged to file as soon as possible.

Earlier this year, Maryland residents Brian and Karen Wynne won their case in the U.S. Supreme Court after challenging that payment of local income in both Maryland and other local jurisdictions was illegal double taxation. The Wynnes won their case when a majority of justices ruled that Maryland's income tax law was unconstitutional.

Powered by Frankly

All content © Copyright 2000 - 2018 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices