Income Tax Filing Deadline Fast Approaching

It was postponed earlier this year from April 15th to July 15th due to the coronavirus.

 

Annapolis, Md (KM) It usually takes place in April, but the federal and state income tax deadline has been extended to July 15th. Maryland Deputy Comptroller Sharonne Bonardi says that day is fast approaching, and residents who have not filed their tax returns need to get busy.

“Because of the COVID-19 pandemic, the IRS extended to file personal income tax and corporate tax returns, and Maryland is following suit,” says Bonardi.

For those who need help, the Comptroller’s Office branch offices, including the one at the Frederick County Court House, will be open. . “They are available by appointment to assist taxpayers to file those returns,” she says. They can go on line at www.marylandtaxes.gov, and make an appointment.

If they  don’t have all of their documents and other materials  in place, Bonardi says taxpayers can request an extension. to October 15th. “They can make the payment or estimated payment, or what they believe they may owe. And what they’re unable to pay on the July 15th deadline, there  will be interest and penalties that will be imposed. That’s both on the federal and state level,” hs says.

When it comes time to actually file, Bonardi says it’s best to submit your return on line. “We process an electronic return in 2.1 business days. If you file by paper, that paper process takes much longer,” she says.

 

By Kevin McManus