Maryland Annual Report: Due Date, Fee & Late Penalty

Last verified: 2026-10-03 against the Maryland State Department of Assessments and Taxation (SDAT) and other official sources listed below

Short answer: Maryland LLCs file the Annual Report and Business Personal Property Return (Form 1) each year (on or before April 15 each year (every entity that existed as of January 1 must file, whether or not it owns property); fee $300). Corporations: on or before April 15 each year (every entity that existed as of January 1 must file), fee $300.

Maryland annual report due date calculator

Pick the entity type and formation date to get your exact next due dates, fee and late penalty.

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Maryland · LLC

Annual Report and Business Personal Property Return (Form 1): On or before April 15 each year (every entity that existed as of January 1 must file, whether or not it owns property)

State fee: $300
If you file late: Late penalty (Tax-Property 14-704): initial penalty up to 1/10 of 1% of the total county assessment, but not more than $500 and not less than $30 (1-15 days late), $40 (16-30 days late) or $50 (over 30 days late), plus 2% of the initial penalty for each 30 days or part thereof that the report is late. SDAT bills the penalty; do not prepay. Unpaid penalties referred to the Central Collection Unit incur an additional 17%

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Verified 2026-10-03 against 9 official sources: [1] dat.maryland.gov [2] dat.maryland.gov [3] dat.maryland.gov [4] dat.maryland.gov [5] mgaleg.maryland.gov [6] mgaleg.maryland.gov [7] mgaleg.maryland.gov [8] dat.maryland.gov [9] dat.maryland.gov

Maryland LLC: Annual Report and Business Personal Property Return (Form 1)

Due: On or before April 15 each year (every entity that existed as of January 1 must file, whether or not it owns property)
How often: Every year
First report: April 15 of the calendar year after formation (the first January 1 the LLC exists)
Filing window: SDAT releases the year's Form 1 and online filing early in the year (the report reflects status as of January 1, the date of finality). A 60-day extension to June 15 may be requested online on or before April 15 (Tax-Property 14-704(c))
State fee: $300 — Filing fee (Form 1 fee chart). Fee waived for businesses approved by MarylandSaves (state auto-IRA program). If the LLC owns/leases/uses Maryland business personal property with total original cost of $20,000 or more, it must also complete the personal property return sections; the resulting local personal property tax is billed separately by the county/city
Late fee: Late penalty (Tax-Property 14-704): initial penalty up to 1/10 of 1% of the total county assessment, but not more than $500 and not less than $30 (1-15 days late), $40 (16-30 days late) or $50 (over 30 days late), plus 2% of the initial penalty for each 30 days or part thereof that the report is late. SDAT bills the penalty; do not prepay. Unpaid penalties referred to the Central Collection Unit incur an additional 17%
Grace period: None for the penalty (late after April 15, or June 15 with an approved extension). Entity loses good standing when the report is not filed by the deadline; forfeiture follows later in the year after the missed year
Dissolution: Immediately after September 30 each year SDAT certifies a list of Maryland LLCs that have not filed an annual report for the prior year (or paid an outstanding late-filing penalty), mails a Final Forfeiture Notice in early October, and by proclamation forfeits the LLC's right to do business in Maryland and to use its name, typically in December (Corps & Ass'ns 4A-911(c)-(d); SDAT Forfeiture FAQ). Potential Forfeiture list is searchable online July-September
Reinstatement: Articles (Certificate) of Reinstatement: $100 standard ($150 expedited) plus all past-due annual reports (Form 1s) with fees and all outstanding late penalties; tax clearance may be required

Sources: [1] dat.maryland.gov · [2] dat.maryland.gov · [3] dat.maryland.gov · [4] dat.maryland.gov · [5] mgaleg.maryland.gov · [6] mgaleg.maryland.gov · [7] mgaleg.maryland.gov · [8] dat.maryland.gov · [9] dat.maryland.gov

Maryland corporation: Annual Report and Business Personal Property Return (Form 1)

Due: On or before April 15 each year (every entity that existed as of January 1 must file)
How often: Every year
First report: April 15 of the calendar year after incorporation
Filing window: Form 1 available early in the year; 60-day extension to June 15 may be requested online on or before April 15 (Tax-Property 14-704(c))
State fee: $300 — For a domestic stock corporation (Form 1 fee chart). Fee waived for MarylandSaves-approved employers. Personal property return sections required if Maryland business personal property cost totals $20,000 or more; corporations must list officers and directors. Corporate Diversity Addendum required only for larger entities (e.g., $5M+ sales seeking State benefits)
Late fee: Late penalty (Tax-Property 14-704): initial penalty up to 1/10 of 1% of total county assessment, min $30 (1-15 days late) / $40 (16-30 days) / $50 (over 30 days), max $500, plus 2% of the initial penalty per 30 days or part thereof late
Grace period: None (late after April 15, or June 15 with an approved extension)
Dissolution: Immediately after September 30 each year SDAT certifies Maryland corporations that have not filed the prior year's annual report (or paid a late-filing penalty), mails a Final Forfeiture Notice in early October, and by proclamation repeals, annuls and forfeits the charter, typically in December (Corps & Ass'ns 3-503(c)-(d); SDAT Forfeiture FAQ)
Reinstatement: Articles of Revival: $100 standard ($150 expedited) plus all past-due annual reports, all fees, and all state and local taxes, interest and penalties

Sources: [1] dat.maryland.gov · [2] dat.maryland.gov · [3] mgaleg.maryland.gov · [4] mgaleg.maryland.gov · [5] dat.maryland.gov

Maryland nonprofit corporation: Annual Report and Business Personal Property Return (Form 1) - nonstock corporation

Due: On or before April 15 each year
How often: Every year
First report: April 15 of the calendar year after incorporation
Filing window: 60-day extension to June 15 available if requested online by April 15
State fee: Free — No filing fee for domestic nonstock corporations (Form 1 fee chart lists -0-)
Late fee: Same Tax-Property 14-704 late penalty schedule applies to late annual reports (min $30-$50, max $500)
Dissolution: Charter forfeited by SDAT proclamation after September 30 certification for failure to file the prior year's annual report (Corps & Ass'ns 3-503(c)-(d))
Reinstatement: Articles of Revival ($100). Nonstock and religious corporations must file the lesser of all missing Form 1s or 7 years' worth (Corps & Ass'ns 3-509(b), per SDAT)

Sources: [1] dat.maryland.gov · [2] dat.maryland.gov

Foreign (out-of-state) LLCs and corporations registered in Maryland

LLC: Same Form 1, April 15 due date and $300 fee as domestic. Forfeiture is faster for foreign entities: failure to file the CURRENT year's Form 1 triggers forfeiture (SDAT mails foreign entities a reminder notice in September)
Corporation: Same Form 1, April 15 due date and $300 fee as domestic (foreign interstate corporations and foreign nonstock corporations: $0). Foreign entities are forfeited for failure to file the current year's Form 1

Other Maryland business tax deadlines

Individual income tax return (calendar year): April 15 (Form 502); next business day if a weekend/holiday. Source
Partnership / S corporation return: Form 510 (pass-through entity return, incl. LLCs/partnerships/S corps): 15th day of the 4th month following the close of the tax year (April 15 for calendar year) - one month later than the federal March 15 partnership/S-corp deadline. Source
Corporate income/franchise tax return: Form 500: 15th day of the 4th month following the close of the tax year, or the original federal due date. Source
Sales tax returns: monthly — Due on the 20th day of the month following the month in which the period ends; quarterly — Due on the 20th day of the month following the end of the quarter (new accounts start on a quarterly schedule); annual — Due on the 20th day of the month following the end of the annual period (January 20 for a calendar-year period). Source
Unemployment insurance wage reports: Contribution reports and payments due within 1 month of the end of each calendar quarter: April 30, July 31, October 31, January 31. $35 penalty per late report plus 1.5% per month interest on late payments. Source

Put these and your federal deadlines on one calendar with the filing deadline tracker.

Good to know

Maryland's annual report is combined with the business personal property return (Form 1) and is filed with SDAT, not the Secretary of State.
The Form 1 is due April 15 from every entity that existed on January 1 - even if it had no Maryland business activity or property.
Optional 60-day extension to June 15 must be requested online on or before April 15 (pprextensions.dat.maryland.gov).
Businesses with Maryland personal property under $20,000 total original cost are exempt from personal property tax and need not complete the property schedules (since tax year 2022).
The $300 annual report fee is waived for employers approved by MarylandSaves.
Domestic entities are forfeited in December after a Final Forfeiture Notice mailed in early October for failing to file the prior year's Form 1.

Maryland annual report FAQ

When is the Maryland LLC annual report due?

Annual Report and Business Personal Property Return (Form 1): On or before April 15 each year (every entity that existed as of January 1 must file, whether or not it owns property). First report: April 15 of the calendar year after formation (the first January 1 the LLC exists). Use the calculator on this page with your formation date to get the exact date.

How much is the Maryland annual report fee?

LLC: $300 (Filing fee (Form 1 fee chart). Fee waived for businesses approved by MarylandSaves (state auto-IRA program). If the LLC owns/leases/uses Maryland business personal property with total original cost of $20,000 or more, it must also complete the personal property return sections; the resulting local personal property tax is billed separately by the county/city). Corporation: $300 (For a domestic stock corporation (Form 1 fee chart). Fee waived for MarylandSaves-approved employers. Personal property return sections required if Maryland business personal property cost totals $20,000 or more; corporations must list officers and directors. Corporate Diversity Addendum required only for larger entities (e.g., $5M+ sales seeking State benefits)). Nonprofit corporation: Free. These are state fees; portal or card fees may apply.

What happens if I file my Maryland annual report late?

LLCs: Late penalty (Tax-Property 14-704): initial penalty up to 1/10 of 1% of the total county assessment, but not more than $500 and not less than $30 (1-15 days late), $40 (16-30 days late) or $50 (over 30 days late), plus 2% of the initial penalty for each 30 days or part thereof that the report is late. SDAT bills the penalty; do not prepay. Unpaid penalties referred to the Central Collection Unit incur an additional 17%. Immediately after September 30 each year SDAT certifies a list of Maryland LLCs that have not filed an annual report for the prior year (or paid an outstanding late-filing penalty), mails a Final Forfeiture Notice in early October, and by proclamation forfeits the LLC's right to do business in Maryland and to use its name, typically in December (Corps & Ass'ns 4A-911(c)-(d); SDAT Forfeiture FAQ). Potential Forfeiture list is searchable online July-September. Corporations: Late penalty (Tax-Property 14-704): initial penalty up to 1/10 of 1% of total county assessment, min $30 (1-15 days late) / $40 (16-30 days) / $50 (over 30 days), max $500, plus 2% of the initial penalty per 30 days or part thereof late.

Where do I file the Maryland annual report?

With the Maryland State Department of Assessments and Taxation (SDAT), online at businessexpress.maryland.gov/.

Official Sources

Figures checked against these sources on 2026-10-03

General information, not legal advice. Confirm current fees and deadlines with the Maryland State Department of Assessments and Taxation (SDAT) before filing.