Governor Larry Hogan and Comptroller Peter Franchot Deliver $200 Million in
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.
“We have $200 million that we want to put back in the pockets of deserving Maryland taxpayers”, Hogan said.
An estimated 55,000 Maryland taxpayers are eligible for refunds.
At a joint midafternoon news conference Monday, Hogan and Franchot announced a new Web page (governor.maryland.gov/you-may-be-owed-a-tax-refund) that answers questions about eligibility for Wynne refunds and instructs residents how to apply for them.
“I wholeheartedly believe that this money will do more good in the hands of our citizens than in the hands of the government”, said Hogan, who campaigned on a promise of tax relief and an improved business climate for Maryland residents. Hogan says it could add up to more than $200 million. A few taxpayers who had already filed amended returns can get refunds for as far back as 2006.
Thanks to a few Supreme Court decision just recently, Maryland should be able to deliver you usd200 m in taxes attribution in to suitable people.
Comptroller Peter Franchot also said this decision will be significant across the country for other jurisdictions who had or have the same tax laws in place.
Maryland taxpayers should visit www.WynneTaxRefund.Maryland.gov to get more information on whether they are eligible for a refund. Delegate Bill Frick, a Montgomery County Democrat, said the county will lose about $100 million in local revenue due to the refunds. “Doesn’t seem to be his priority”.