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Monday, March 11, 2013

Maryland Faces Returning Millions In Back Taxes

WASHINGTON - Lots of people will see tax returns this spring, but some Maryland residents could see tax returns dating back to 2009.

The Gazette reports that Maryland is asking the state's highest court to reconsider "double taxation" for residents who pay out-of-state taxes on their incomes.

In late January, the Maryland Court of Appeals ruled the double taxation unconstitutional. If the ruling stands, state counties will have to pay out refunds for those who qualified from 2009 through 2011. This could cost the state between $45 million and $50 million a year.

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7 comments:

Anonymous said...

Obviously the writer is talking about tax "refunds", not tax "returns". Typical example of the product of our wonderful school system.

Anonymous said...

Would'nt hold my breath on this one.

Anonymous said...

9:23, most of the population seems to call tax refunds "tax returns" these days. I am surprised to see it in print, however

Anonymous said...

Just another example of the corruption that gets elected to Maryland State Government.
When I moved there I was told to produce my tax records from the previous state I lived in Prior to any year I lived in Maryland. I told them to get a judge to order me to do so as the returns are non of their business. Maryland dropped the case.

Anonymous said...

How about getting rid of these 'piggy back' taxes the counties tack on to state tax returns.

Anonymous said...

I have never paid duplicate taxes when I worked Delaware and MD. It's a confusing process, mind you, but I only paid De tax on DE earnings, and Md on MD. If you made a mistake on your form, though, isn't that on you to fix?

Comrade Hussein Obama said...

Just read the story about the new contract deal for Ravens QB Joe Flacco, which makes him the highest paid player in NFL. According to the multiple reports his deal was 120.6 million for 6 years. Well, guess what? After paying/deducting of all taxes Flacco is no longer the highest paid player, he drops to 2nd place behind Drew Brees from New Orleans Saints. And why? After paying the Federal Tax, Maryland Tax, Baltimore City Twx and more taxes, it lookslike 50% of the money will be gone?! Welcome To Maryland, Home of High Taxes Govern by Marty OweMalley.