News Release, Office of the Maryland Comptroller

Comptroller Franchot granted extensions for individual and corporate filers and monthly businesses taxes due to COVID-19

ANNAPOLIS, Md. (July 15, 2020) – The deadline for individual and corporate income taxpayers to file and pay taxes is today, three months beyond the traditional April 15 due date. Earlier this year, Comptroller Peter Franchot instituted a 90-day extension to help families and small businesses affected by the COVID-19 pandemic.

“The unprecedented decision to extend the tax deadline to mid-July has hopefully enabled more taxpayers to weather the economic storm caused by this global pandemic,” Comptroller Franchot said. “I’m hopeful that the worst is behind us, but understand that many Marylanders continue to experience financial hardship. That’s why my office will work with taxpayers who need additional relief.”

Individual, corporate, pass-through entity, estate and fiduciary taxpayers who file and pay by today will receive a waiver of interest and penalties. Taxpayers have until today to request an extension to file by October 15, but they must pay now what is owed or estimated to owe. Payments received after the due date — either partial or in full — will be subject to penalties and interest on the amount due.

So far this year, roughly 2.65 million electronic and paper returns have been filed with nearly $2 billion in refunds issued. An average refund is $1,000. Typically, 3.2 million returns are filed each year in Maryland.

The July 15 extension also applies to certain business returns that had due dates during the months of March, April, May and June 2020. This impacts businesses filing sales and use tax, withholding tax and admissions & amusement tax, as well as alcohol, tobacco and motor fuel excise taxes, tire recycling fees and bay restoration fees. Those filings and payments are also due today.

Individual and corporate taxpayers who need assistance can make a same-day appointment at one of our nine re-opened branch offices. Appointments can be made online at www.marylandtaxes.gov and clicking on the “Locations” tab.

For additional details, the updated Tax Alert can be found on the Comptroller’s COVID-19 web page.