Article: 50582
Overview
If you received a Schedule K-1 from a partnership, S corporation, or other pass-through entity that does business in Maryland, you may need to report your share of income, deductions, credits, and other tax-related items on your Maryland Form 502 or 505. This is done using the Pass-Through Member Information – K-1 form in your state return.
Who Should Use This Form?
You should complete this form if:
- You received a K-1 from a pass-through entity that operates in Maryland.
- You are a resident, part-year resident, or nonresident of Maryland who must report pass-through income earned in the state.
- The entity allocated Maryland-source income or credits to you.
Note: This applies to individual taxpayers who are members of partnerships, shareholders in S corporations, or beneficiaries of trusts doing business in Maryland.
How to Report
- Navigate to the State Taxes section on the left-hand side of the screen.
- Click the link: I’d like to see the forms I’ve filled out or search for a form.
- In the dropdown menu, select Maryland.
- Click on the Other tab.
- Select Pass-Through Member Information – K-1 to open the screen.
- Enter all applicable information.
- Click Save once complete.
Additional Resources
This booklet provides detailed guidance on income reporting, withholding requirements, and state-level treatment of pass-through entities.