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Monday, September 28, 2015

Governor Larry Hogan and Comptroller Peter Franchot Deliver $200 Million in Tax Refunds

Governor and Comptroller Launch New Website to Help Maryland Taxpayers Receive Refunds Following Supreme Court Decision

ANNAPOLIS, MD –
Governor Larry Hogan and Comptroller Peter Franchot today urged eligible Maryland 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,” Governor 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,” Comptroller 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.

1 comment:

Anonymous said...

What about the double tax Delaware residents working in Maryland get slammed for? Where's my refund after 16 years!!