# Tax - General (GTG)

## Title 10. Income Tax

### Subtitle 5. Accounting Period

#### Section 10-504

(a) A person may change the accounting period used to compute Maryland taxable income to any other period that the Comptroller approves.

(b) If a person changes accounting periods, the person shall file a separate return for the period between the close of the previous accounting period and the beginning of the newly adopted accounting period.

---

Md. Code Ann., Tax-Gen. (as displayed at mgaleg.maryland.gov, October 16, 2026)