Section 10-828 – Information Return — When Federal Information Return Filed
Notwithstanding § 1-302 of the Financial Institutions Article, if the Comptroller requests, a person, including a financial institution, who files a federal information return shall verify or report the items reported in a federal information return.
Section 10-829 – Copy of Information Return to Recipient of Payment
A person who pays salary, wages, or other compensation for personal services for which income tax is not withheld shall give the payee 2 copies of the information return required by § 10-827 of this subtitle.
Section 10-830 – Sale of Real Estate by Nonresident
Any real estate reporting person who is required to file a return under § 6045 of the Internal Revenue Code shall file a copy of that return with the Comptroller if: (1) the vendor is a nonresident; and (2) the real property sold is located in this State.
Section 10-901 – Payment Required
(a) Except as otherwise provided in this subtitle, an individual, a partnership, or a corporation that has Maryland taxable income in a taxable year shall pay the income tax on that income with the return that covers that year. (b) Except as provided in § 10-820(a)(3) of this title, if an individual files a Maryland income tax […]
Section 10-902 – Payment of Estimated Tax
(a) Except as otherwise provided in this section, each individual, partnership, or corporation required to file quarterly estimated income tax returns shall pay: (1) at least 25% of the estimated income tax shown on the declaration or amended declaration for a taxable year: (i) with the declaration or amended declaration that covers that year; and (ii) with each quarterly […]
Section 10-905 – Definitions
(a) In this Part II of this subtitle the following words have the meanings indicated. (a–1) “Annuity, sick pay, or retirement distribution” means: (1) an annuity or sick pay payment described in § 3402(o) of the Internal Revenue Code; or (2) a designated distribution as defined in § 3405(e) of the Internal Revenue Code other than an eligible rollover […]
Section 10-906 – Tax to Be Withheld and Paid to Comptroller
(a) Except as provided in § 10-907 of this subtitle, each employer or payor shall: (1) withhold the income tax required to be withheld under § 10-908 of this subtitle; and (2) pay to the Comptroller the income tax withheld for a period with the withholding return that covers the period. (b) Any income tax withheld is deemed to […]
Section 10-907 – Exceptions
(a) Income tax is not required to be withheld at the time wages are paid to a nonresident: (1) for State income tax withholding purposes, if the Comptroller and the state in which the nonresident resides have agreed in writing to allow a reciprocal exemption from tax and withholding for the wages of residents of each state […]
Section 10-804 – Requirements Generally; Checkoff; Fractional Part of Dollar
(a) Each person required under this subtitle to file an income tax return or estimated income tax declaration or return shall file a return or declaration with the Comptroller, whether or not: (1) the person owes income tax; or (2) the Comptroller sends the person a form or otherwise requests that the return or declaration be filed. (b) (1) Each […]
Section 10-819 – Limited Liability Corporation Return
(a) Each limited liability company as defined under Title 4A of the Corporations and Associations Article shall file an income tax return unless it has only one member and it is disregarded as an entity separate from its member for federal income tax purposes. (b) (1) If the limited liability company is classified as a partnership, as defined […]