Every corporation that reasonably expects its Maryland taxable income to develop a tax in excess of $1,000 for the tax year or period must make estimated income tax payments.
Estimated Corporation Tax Payment
Pay A Business Liability
Maryland businesses have a number of payment options when attempting to satisfy a tax liability with the Comptroller's Office. This section details the various methods of credit card and electronic payments, as well as the procedure for handling missed or late payments.
Missed or Late Payments
Businesses that have incurred charges for overdue taxes, interest and penalties should pay the outstanding balance immediately. However, if your business is unable to pay immediately, you should contact a representative of the Collections section to discuss possible payment plan arrangements.
Typically, the Comptroller's Office will not file a lien if a short-term payment plan (not to exceed six months) is reached. A supervisor in the Collections section must review payment plan agreements exceeding six months.
Payment plan agreements in no way affect the filing requirements of future business tax returns.
Any disbursements due a business from the state of Maryland will be applied to any liability owed the Comptroller's Office. This action is taken under the State Finance and Procurement Article, Section 7-222, Annotated Code of Maryland, and in no way affects the payment plan schedule.
To request a payment plan, please contact Business Collections at 410-767-1655 or 1-888-614-6337.