§ 6–106
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 6-106 (2026)
Title 6. Taxes and Fees
Subtitle 1. Taxes
§ 6–106LinkCopy Citation
(a)
Each person subject to taxation under this subtitle shall make a declaration of its estimated tax if the person’s total tax for the current taxable year reasonably is expected to exceed $1,000.
(b)
A person required to make a declaration of estimated tax shall:
(1)
file with the Commissioner:
(i)
an initial declaration of estimated tax on or before April 15 of the taxable year; and
(ii)
a quarterly estimated tax report on or before June 15, September 15, and December 15 after filing the initial declaration; and
(2)
pay to the Commissioner at least 25% of the tax estimated for the full taxable year with the initial declaration for that year and with each quarterly report for that year.