March 27, 2020

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Maryland Extends Income Tax Filing Deadline to 7/15/2020

March 27, 2020

 

Following the lead of Steve Mnuchin at the US Treasury Department and President Trump, Maryland Comptroller Peter Franchot announced today that the 2019 filing deadline for individuals and C-corporations has been extended to July 15th from the original April 15th due date. Franchot had previously announced that penalties and interest would be waived through July 15th, but the due date would not be changed. 

 

If Maryland taxpayers have already filed their income tax returns for 2019, today's announcement is moot. Many partnerships and S-corporations already filed their tax returns because their due date of March 15th had already passed. 

 

The comptroller's announcement has no effect on Maryland personal property tax returns and annual reports, which are administered by the Maryland State Department of Assessments and Taxation, a unit of the state's Office of the Secretary of State. That due date remains June 15th. 

 

The Maryland comptroller's office had already delayed filing deadlines for several non-income taxes for the first quarter of 2020 and recent months. Check at www.MarylandTaxes.gov for more information. 

 

You may not have heard, but accounting firms are exempt from Governor Hogan's closure order. So if you have questions regarding the above, or just need your tax return processed remotely, call the managing director, Jeff Morris CPA, at 240-514-4310, or email him at jmorris@nathanieljacobson.com.

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