Readers ask: When Are Maryland State Taxes Due?

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What is the deadline for filing Maryland taxes?

Maryland is extending the state’s income tax deadline by three months to July 15. Comptroller Peter Franchot made the announcement Thursday. No interest or penalties will be assessed if returns are filed and taxes owed are paid by the new deadline.

Is Maryland extending tax deadline?

It’s now July 15th, 2021. Annapolis, Md (KM) If you haven’t filed your state income returns yet, don’t panic. The Maryland Comptroller’s Office has extended the deadline.

Will the April 15 tax deadline be extended?

Due to the COVID-19 pandemic, the federal government extended this year’s federal income tax filing deadline from April 15, 2021, to May 17, 2021. In addition the IRS further extended the deadline for Texas, Oklahoma and Louisiana residents to June 15. These extensions are automatic and applies to filing and payments.

Is the tax deadline extended this year?

The federal government has no plans to extend the tax filing deadline this year despite pleas from accountants and tax preparers who say the COVID-19 pandemic has made it challenging to make the cutoff date.

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What is the penalty for filing Maryland taxes late?

Failure to File Penalty and Interest If you don’t file by the due date of the tax return, you may have to pay a failure to file penalty. The penalty is 5% of the tax not paid by the due date for each month or part of a month that the return is late.

What is the new tax day for 2020?

The filing deadline for tax returns has been extended from April 15 to July 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible.

Does Maryland require a tax extension?

Maryland residents have three extra months to file state income taxes this year because of coronavirus pandemic-related changes to the tax code.

Does Maryland require an extension?

Maryland law provides an extension of time to file, but in no case can an extension be granted for more than seven months beyond the original due date. To access Form 510E, from the main menu of the Maryland return, select Miscellaneous Forms and Schedules > Extension (Form 510E). This form can be e-filed.

Does MD require an extension?

Extended Deadline with Maryland Tax Extension: Maryland offers a 6-month extension, which moves the filing deadline from April 15 to October 15 (for calendar year filers).

Has the 2021 tax deadline been extended?

On March 17th, the Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021 to May 17, 2021.

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How do I extend my tax deadline 2021?

Individual taxpayers who need additional time to file beyond the May 17 deadline can request a filing extension until Oct. 15 by filing Form 4868 through their tax professional, tax software or using the Free File link on IRS.gov.

What happens if you don’t file your taxes on time?

Individuals who owe federal taxes will incur interest and penalties if they don’t file and pay on time. The penalty for not filing your taxes on time is 5% of your unpaid taxes for each month that the return is late, maxing out at 25%. For every month you fail to pay, the IRS will charge you 0.5%, up to 25%.

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