Thank you so much! Very helpful! 🙂
Last question is the payment type on the MD Form PV.
I don't usually pay estimated payments cause my employer withholds tax from paycheck, but for this lottery, I marked the first checkbox 1 below and I also marked 1a on form MD Form PV. Is that correct?
PAYMENT TYPE
Check ONLY one box (1,2,3 or 4) for type of payment. If Box 1 is checked, also check box 1a., if first time estimated filer or filing status has changed.
1. Estimated payment/quaterly (502d)
1a. First time filer or change in filing status
2. Extension Payment (502E)
3. Payment with restident return (502)
4. Payment with nonresident return (505)
So I think I should mail in MD Form PV only with my tax payment check, and not form 502d.
I also don't need to pay federal taxes on $5000 lottery winnings until next year when I complete my 2020 return in March, 2021?
