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georgeduke
New Member

I file an annual personal property return in Maryland for my business which includes a mandatory $300 filing fee. Is that considered a business expense?

This fee is required to maintain my business in Maryland.  It is required regardless of whether my business has property in the state or conducted any business in the applicable tax year.
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Rachel_W
Level 4

I file an annual personal property return in Maryland for my business which includes a mandatory $300 filing fee. Is that considered a business expense?

Yes, the Maryland $300 filing fee for your Personal Property Return is considered a deductible business expense.mm

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Rachel_W
Level 4

I file an annual personal property return in Maryland for my business which includes a mandatory $300 filing fee. Is that considered a business expense?

Yes, the Maryland $300 filing fee for your Personal Property Return is considered a deductible business expense.mm

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