This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form 2 for the current year.
This document contains official instructions for Form 2 , Business Personal Property Tax Return - a form released and collected by the Maryland Department of Assessments and Taxation. An up-to-date fillable Form 2 is available for download through this link.
Q: What is the Form 2 Business Personal Property Tax Return?
A: The Form 2 Business Personal Property Tax Return is a tax form used in Maryland to report personal property owned by businesses.
Q: Who needs to file the Form 2 Business Personal Property Tax Return?
A: Businesses in Maryland that own personal property exceeding a certain threshold are required to file the Form 2 Business Personal Property Tax Return.
Q: What is considered personal property for the purposes of the Form 2 Business Personal Property Tax Return?
A: Personal property includes items such as furniture, equipment, inventory, and machinery that are used in a business.
Q: When is the deadline for filing the Form 2 Business Personal Property Tax Return?
A: The deadline for filing the Form 2 Business Personal Property Tax Return in Maryland is April 15th of each year.
Q: Are there any penalties for late filing of the Form 2 Business Personal Property Tax Return?
A: Yes, there are penalties for late filing of the Form 2 Business Personal Property Tax Return in Maryland. It is important to file the return on time to avoid penalties.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Maryland Department of Assessments and Taxation.