On Wednesday, January 6, 2021, Maryland Comptroller Peter Franchot announced an extension for certain Maryland business tax filings and payments administered by the Comptroller’s Office, which include:
- Sales and use
- Admissions and amusement
- Motor fuel tax
- Tire recycling fees
- Bay restoration fees
The extension pushes the filing and payment deadlines for qualifying business taxes and quarterly estimated income tax returns and payments that would typically be due in January, February and March 2021. The deadline for these returns and payments is now April 15, 2021.
This extension also applies to businesses, self-employed individuals and independent contractors whose estimated income tax returns and payments would typically be due on January 15, 2021.
There is no need for qualifying businesses or individuals to file a request for this extension, and no interest or penalties will be assessed for qualifying taxes, returns or payments.
Employers must still complete their 2020 withholding tax returns and payments typically due by January 31, 2021 to ensure that their employees receive their W-2s in ample time to file their returns. However, any State withholding returns or payments that were originally due between February 1, 2021 and April 14, 2021 may be submitted by April 15, 2021 without accruing interest or incurring penalties.
These extensions apply only to the Maryland tax filings listed above at this time.
For more information about the extension, please see Comptroller Franchot’s official alert here. Extension-related questions may also be directed to the Comptroller’s Office at firstname.lastname@example.org.