IRS 1099-INT for Maryland 2016-2025

IRS 1099-INT 2025 for Maryland: What You Should Know

For example, this form is not filed pursuant to a state law providing that a refund or credit is available as an itemized deduction; however, the tax treatment of this information return is determined by law. If you filed an itemized deduction for your Maryland state tax in 2025 and have an amount shown on Schedule G-20 as a refund, offset or credit, it may be applied against your Maryland income tax when you file your federal return for the year that includes the due date that falls before 5:00 p.m. Eastern Standard Time on our federal filing due date. If the refund is used to reduce your liability, it does not reduce your income tax liability. The refund is applied as a credit against your tax for the year reported. If your payment of tax was made by a Maryland government agency or local department (including the Department of Children and Families, County Child Support Program, Maryland Child Support Enforcement, and all other state and local governmental agencies for whom refunds, offset or credits are provided), the credit will be applied to your payment when you file your federal return. The credit will be limited to 10 percent of the amounts shown in the Form 1099 for each payment made by a Maryland governmental entity to a Maryland taxpayer. A copy of this form must be filed with the Comptroller of Maryland within 45 days of the date of the transaction. It is your responsibility to identify, report and pay any amount withheld on your Form 1099G. You are also responsible for withholding the amounts shown on your Form 1099G as an itemized deduction on your federal income tax return. You will not receive an electronic payment from the Maryland state government. If you make a payment of tax to Maryland on a Form 1099G, you must retain the tax-sheltered amount. Form 1099G does not apply to the payment of state, county, or municipal income taxes imposed by the Federal Government under IRC Section 6131 (tax on certain dividends received). I have a question that isn't here? Call me at (Baltimore). Have a financial problem that can be solved with your Social Security number? Learn how to get a letter of protection.

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