When federal return not filed

  1. Law
  2. Maryland Code
  3. General
  4. Income Tax
  5. Accounting Period
  6. When federal return not filed

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    (a)    If a person does not file a federal income tax return, the person shall compute Maryland taxable income in accordance with the cash or accrual accounting method that:

        (1)    the person uses to compute income regularly in keeping the person’s books; or

        (2)    the Comptroller requires to reflect clearly the person’s income.

    (b)    If a person does not file a federal income tax return, the person shall compute Maryland taxable income:

        (1)    for the calendar year; or

        (2)    if the person keeps adequate records for an annual fiscal year accounting period, for the fiscal year.


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