Short answer: Annual Report & Personal Property Tax Return (Form 1), $300, annual. Due: Annually on April 15..
We've pulled these figures from the State Department of Assessments and Taxation (SDAT)'s own pages. If something's changed since our last check, the state's portal wins, so it's worth a quick look before you pay.
Maryland report at a glance
- Report name
- Annual Report & Personal Property Tax Return (Form 1)
- Fee
- $300 Tied to the business personal property tax return.
- How often
- annual
- Due
- Annually on April 15.
- Late penalty
- Exact late penalty figure is unlisted.
- Dissolution risk
- Failure to file triggers forfeiture of the LLC's right to do business and loss of liability protection.
Taxes that ride along
No specific minimum franchise tax, but the $300 Annual Report effectively acts as one. Physical assets owned by the LLC may be taxed at the county level. Standard pass-through income is subjected to individual income tax.
How Maryland compares
Maryland's recurring report fee is $300. That's the 4th highest of 51 jurisdictions we track. The national median is $35, so Maryland runs $265 above it.
| State | Fee | National rank (1 = highest) |
|---|---|---|
| Maryland | $300 | 4 of 51 |
| Delaware | $400 | 2 of 51 |
| District of Columbia | $300 | 4 of 51 |
| New Jersey | $75 | 16 of 51 |
| Virginia | $50 | 22 of 51 |
| Connecticut | $80 | 15 of 51 |
Maryland fees that apply here
| Filing | State fee | Notes |
|---|---|---|
| Annual Report & Personal Property Tax Return (Form 1) | $300 | annual, Annually on April 15. |
| Minimum state tax | $300 | Owed regardless of income |
| Certificate of good standing | $20 |
Annual report and deadlines: Maryland questions
When is the Maryland LLC annual report due?
Annually on April 15.
How much is the Maryland annual report fee?
$300. Tied to the business personal property tax return.
What happens if I file my Maryland annual report late?
Exact late penalty figure is unlisted.
Can Maryland dissolve my LLC for not filing?
Failure to file triggers forfeiture of the LLC's right to do business and loss of liability protection.
Where do I file the Maryland report?
With the State Department of Assessments and Taxation (SDAT), online at its filing portal.
Sources and verification
Last checked against official state sources on . States change fees with little notice, so confirm on the filing portal before you pay. How we verify.
Still being confirmed with the state: ra.self allowed, report.late penalty.