Solved: I live in Virginia and own rental property in Maryland. I have not made a profit on the rental. Must I file a Maryland income tax form?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

I live in Virginia and own rental property in Maryland. I have not made a profit on the rental. Must I file a Maryland income tax form?

 
1 Best answer

Accepted Solutions
Level 15

I live in Virginia and own rental property in Maryland. I have not made a profit on the rental. Must I file a Maryland income tax form?

Yes, you have to, Maryland goes by gross income, not net profit.  

You won't owe any taxes, but Maryland still wants a return.  

See link below for more detail.  

http://taxes.marylandtaxes.com/Individual_Taxes/Individual_Tax_Types/Income_Tax/Filing_Information/D...

View solution in original post

1 Reply
Level 15

I live in Virginia and own rental property in Maryland. I have not made a profit on the rental. Must I file a Maryland income tax form?

Yes, you have to, Maryland goes by gross income, not net profit.  

You won't owe any taxes, but Maryland still wants a return.  

See link below for more detail.  

http://taxes.marylandtaxes.com/Individual_Taxes/Individual_Tax_Types/Income_Tax/Filing_Information/D...

View solution in original post

Dynamic Ads
v
Privacy Settings