Maryland - Closing Unemployment and Withholding Accounts

Maryland - Closing Unemployment and Withholding Accounts

Instructions for closing your MD Unemployment Insurance account:

  1. Complete the Business Transfer Report (you can find and download this document at the bottom of this page) as follows:
    • Complete the “Previous Business Entity Information” section with your business information, including your unemployment account number and list of principals.
    • Sign and date at the bottom.
  2. Send the form back to Teamworks and we’ll input the Teamworks information and send to the state.

Instructions for closing your MD Withholding account:

  1. Let your current payroll provider know to file MW506FR when they file their final return for Maryland.


This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.


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