Instructions for Form 1 Annual Report - Maryland

Form 1 Annual Report - Maryland

This document contains official instructions for Form 1 , Annual Report - a form released and collected by the Maryland Department of Assessments and Taxation. An up-to-date fillable Form 1 is available for download through this link.

FAQ

Q: What is Form 1 Annual Report?
A: Form 1 Annual Report is a document filed by businesses operating in Maryland to provide information about their annual financial and operational activities.

Q: Who is required to file Form 1 Annual Report?
A: All businesses, including corporations, LLCs, and nonprofits, registered or authorized to do business in Maryland are required to file Form 1 Annual Report.

Q: When is the deadline to file Form 1 Annual Report?
A: The deadline to file Form 1 Annual Report is April 15th each year.

Q: What information is required to be included in Form 1 Annual Report?
A: Form 1 Annual Report requires businesses to provide general information about their organization, including company name, address, principal office, registered agent, officers, and directors.

Q: Is there a fee to file Form 1 Annual Report?
A: Yes, there is a filing fee to submit Form 1 Annual Report. The fee varies depending on the type of business entity.

Q: What happens if I fail to file Form 1 Annual Report?
A: Failure to file Form 1 Annual Report may result in penalties, late fees, and the potential loss of good standing for your business in Maryland.

Q: Can I request an extension to file Form 1 Annual Report?
A: No, Maryland does not grant extensions for filing Form 1 Annual Report. It must be filed by the April 15th deadline.