Insights

Maryland Announces Filing Date Extension for 2021 Individual Income Taxes

By Amber Stone, CPA, Manager

As a result of the ongoing pandemic, the Maryland comptroller announced a three-month filing and payment extension for 2021 Maryland individual income taxes. The extension, announced on January 19, 2021, is automatic and pushes back the original deadline of April 18, 2022 to July 15, 2022. The extension applies to both the filing and payment deadlines. The extension will help alleviate certain penalties and interest that some taxpayers may have otherwise incurred if they failed to meet estimated tax payment requirements.

Request for Additional Time

Individual taxpayers who need additional time to file beyond July 15, 2022 must request such extension by July 15, 2022. This will further extend the filing deadline until October 17, 2022; however, payment is still due by July 15, 2022.

Maryland Comptroller Statement

Comptroller Peter Franchot commented: Many people are still struggling to stay above water, so giving taxpayers more time to file and pay will hopefully ease their financial pressure. As we approach the two-year mark of the onset of COVID-19, my agency remains as committed as ever to helping Marylanders who still are feeling the pandemic’s impact.

Maryland Business Income Tax Returns

Maryland has not extended the due dates for any 2021 business income tax returns. This is particularly important to remember for passthrough entities filing in Maryland that plan to make the new election to be taxed at the entity level.

Federal Returns

The IRS has not announced any plans to delay the federal income tax deadline of April 18, 2022.

Contact Us

If you have any questions about your Maryland individual tax return or questions on other tax matters, please contact the partner in charge of your account, or:

Amber Stone, CPA
Manager
[email protected]

Stewart Grubman, CPA
Partner
[email protected]