Does Maryland require a business tax extension?

Q

Yes, If you were approved for a federal tax extension, then the State of Maryland will automatically grant your business a seven-month income tax extension. If your business owes the state tax or was not approved for a federal extension, you must submit Maryland tax extension Form 500E.

What are the forms required to file business taxes with Maryland?

Q

To request Maryland business tax extension, use Maryland Form 500E (Application for Extension to File Corporation Income Tax Return). To avoid late filing penalties from the State of Maryland, your filing of Form 500E must be filed by the original due date of your return.

When is the due date to file business tax with Maryland?

Q

Maryland business tax extension filing due by March 16, 2020 or by the 15th day of the 3rd month following the end of the taxable year for fiscal year filers.

When is the business tax extended deadline with Maryland?

Q

Maryland business tax extension offers an additional 7 months tax extension, which moves the filing deadline to October 15th (for calendar year).

What are the Payment options with Maryland?

Q

If you owe Maryland state tax, your balance must be paid by the original due date, or penalties and interest will be charged.

If your Maryland tax liability is zero and this isn’t your first time filing, you are required to electronically file (e-file) your Form 500E extension request. This can be accomplished using MDComp, Maryland’s Internet Extension Request Filing system: interactive.marylandtaxes.com/
business/Extension

Where do I mail Maryland Form 500E?

Q

Mail Maryland Form 500E with payment to the following address:

Comptroller of Maryland Revenue,
Administration Division 110 Carroll Street
Annapolis, MD 21411-0001.

Published by ExpressExtension Support, ExpressExtension
Last modified 3/6/2020 6:45:10 AM EST