This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
If you are a Maryland resident, you are required to file a Maryland income tax return if you are required to file a federal income tax return, and your gross income equals or exceeds the level for your filing status in Filing Requirements see above and in Instruction 1 of the Maryland resident tax booklet.
A Maryland personal property return (Form2) must be filed by all sole proprietorships and general partnerships if they possess (own, lease, rent, use or borrow) business personal property or need a business license. A business which fails to file this return will likely receive an estimated assessment.
(Application and declaration for incorporation of a company)
Finding Maryland Regulations with a Citation The first number is the "Title" (i.e., Title 10) COMAR 10. 45.01. The second number is the "Subtitle" (i.e., Subtitle 45) COMAR 10. The third number is the "Chapter" (i.e., Chapter 01) COMAR 10.45. The fourth number is the "Regulation" (i.e., Regulation 02) COMAR 10.45.
Filing the Personal Property Return (Form 1) The purpose of the Personal Property Return (Form 1) is to account for any and all personal property (i.e. computers, furniture, machinery and equipment, etc.) that a business may use in a given year in order to conduct business.
Itemize motor vehicles with Interchangeable Registrations and vehicles that are unregistered (unlicensed). Vehicles registered in Maryland and classified A-P are exempt and should not be reported on the Personal Property Tax return. Vehicles registered outside Maryland may also be exempt.
The Form 1 Business Entity Annual Report and Personal Property Return must be typed using the fillable form, or submitted online at BusinessExpress.Maryland (use the link, type the URL or use the QR code to the left). HANDWRITTEN FORMS WILL NOT BE ACCEPTED.
Filing deadlines. Acceptance of Maryland business income tax returns began January 16, 2024, and individual income tax returns began January 29, 2024. The 2023 individual income tax return filing deadline is April 15, 2024.