Maryland Income Tax Withholding for Annuity, Sick Pay and Retirement Distributions - Voluntary Withholding Request Form

Sep 19, 2026

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Maryland voluntary income tax withholding request form for recipients of annuity, sick pay, and retirement distribution payments. It collects contract/identification number and the amount withheld from each payment, along with requester signature and date. Instructions explain who may file, eligibility requirements for annuities, how to submit the form with the payer, minimum withholding amounts, how to terminate requests, and that the payer will provide a year-end statement of tax withheld.

LanguageEnglish

CategoryForms

FormatPDF

Pages1

AccessFree to download

Form Sections

Request Details

Voluntary Withholding Instructions

Who May File

Sick Pay Definition

Where and How to File

Duration and Termination

Statement of Withheld Tax

MARYLAND FORM MW507P Maryland Income Tax Withholding for Annuity, Sick Pay and Retirement Distributions Print full name Social Security Number Home address (number & street) - City State ZIP Code +4 A. Contract claim or identification number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B. Enter the amount withheld from each annuity, sick pay or retirement distribution payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ . I request voluntary income tax withholding from any annuity, sick pay or retirement distribution payments as authorized by Section 10-907(b) of the Tax-General Article of the Annotated Code of Maryland. Signature Date COM/RAD 044 05/23 Instructions Who may file – Any recipient of an annuity, sick pay or retirement distribution payment may file this form to have Maryland income tax withheld from each payment. However, the annuity must be payable over a period longer than one year. Sick pay – The term“sick pay” means any amount which is paid to an employee pursuant to a plan to which the employer is a party and constitutes remuneration or a payment in lieu of remuneration for any period during which the employee is temporarily absent from work on account of sickness or personal injuries . Where and how to file – File this form with the payer of your annuity, sick payment or retirement distribution. Enter in item B of page 1, the whole dollar amount that you wish withheld from each annuity or sick pay payment. The amount must not be less than $5 a month for annuities and retirement distributionsand at least $2 per daily payment in the case of sick pay. You may find it convenient to request an amount to be withheld which will reduce your year-end tax balance on your individual Maryland tax return to an amount of $500 or less and thus avoid having to file an individual Personal Tax Payment Voucher for 502/505, Estimated Tax and Extensions (Form PV) . You may use the worksheet provided with the Payment Voucher Worksheet (PVW) as a guide in estimating your income tax liability. Duration of withholding request - Your request for voluntary withholding will remain in effect until you terminate it. How to terminate a withholding request - You may terminate at any time your request for voluntary withholding by giving your payers a written termination notice . Statement of income tax withheld - At the close of the year, your payer will furnish you with a Form 1099 or other appropriate form showing the gross amount of annuity or sick pay payments and the total amount deducted and withheld as tax during the calendar year. File this form with the payer of your annuity, sick payment or retirement distribution. Do not mail this form to the Maryland Revenue Administration Division.

FAQs

Who can file this Maryland withholding form?

Any recipient of an annuity, sick pay, or retirement distribution payment may file to have Maryland income tax withheld from each payment. The annuity must be payable over a period longer than one year.

What information must be entered on the form?

Enter the contract claim or identification number and the amount withheld from each annuity, sick pay, or retirement distribution payment. The form also requires print name, Social Security Number, home address, signature, and date.

How is the withholding amount requested and what are the minimums?

File the form with the payer and enter the whole dollar amount to be withheld in item B. The request must be at least $5 per month for annuities and retirement distributions and at least $2 per daily payment for sick pay.

Sep 19, 2026

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