Getting the most out of our highly simplified calculator works like a charm, however, there are a couple of steps that need to be followed to know the current rate imposed on in the Maryland state.
It could be messy if you don’t have a Sales Tax Calculator with you while living your digital life. Handling one or two calculations may seem easier, but when it comes to taking care of immense numbers of sales tax calculations, you could have a nightmare.
That’s where you need a Sales Tax Calculator like ours which will keep you at ease – fully satisfied.
To know what the current sales tax rate applies in your state i.e. Maryland, all you need is the simple calculator given above.
- Enter the “Amount” you want to enquire about.
- Choose the “Sales Tax Rate” from the drop-down list.
- Finally, click on “Calculate” or not (our calculator doesn’t even require your action – it automatically does it all).
And, there you go!
Maryland Sales Tax Rates
If you’ve opened this page (and reading this), chances are you are living in Maryland and you intend to know the sales tax rate, right?
Well, speaking of Maryland, there is a general sales tax of 6% and use tax (that was raised from 5% in the 2017 year).
There are items (products) that are taxed, but still, there is a list of the items that are non-taxable.
Which products are exempt from the tax?
The following list has the names of the products that are tax exempt. This list contains most of the products and services, still, there might be some others:
- Residential energy, medicine, and most non-prepared foods (with the major exceptions of alcoholic beverages, soda, candy, single-serving ice cream packages, ice, bottled water [including both carbonated and still water], and sports drinks).
There are times when the services are taxed and the other times, you might be charged with the sales tax. This can be made sure by visiting to the official website of Maryland.
The tax rates in the city differ. In other words, in different areas of Maryland, you will notice that the rate of sales tax varies in different cities or counties.
To see the list of sales tax in each county or city, please refer to the table given at the bottom of this page.
How to File and Pay Sales Tax in Maryland
Insofar filing and paying sales tax in Maryland is considered, three things need to be kept in mind while you do this:
- Knowing how much sales tax you owe
- Filing a sales tax return
- Making a payment
First things first. How do you think you will file sales tax return if you have no idea about the sales tax that you owe? You can’t! You’ve got to understand the sales tax report in your state (Maryland) for that purpose.
Once done, next thing you have to do is file your sales tax with the help of the following:
- File Online: You can file online with the help of Maryland Department of Revenue. If you are confused about the filing, please refer to the instruction guide.
- File by Mail: If filing online is not your cup of tea, perhaps you would like to do it by mail using the Form 202.
Please note that if the tax liability in the previous year was $1,000,000 or more than that, then you would need to file online.
Facts about Maryland Sales Tax Filing
There are some other things that you must know as far as filing sales tax in Maryland is considered.
Yes, we’re talking about penalties!
Every time you file late or pay late, you will be required to pay penalty which could become a pain in the neck. Therefore, we suggest that you should pay earlier or before the deadline reaches.
- Penalty for filing late: If you file late, you will be imposed greater of 10% penalty and interest at no lesser than 1% per month.
That’s not all – there might be other penalties like for fraud and serial offences that could trigger even the higher penalties or could lead to the criminal charges.
There are other important aspects about “Zero Returns” and “Discounts” that you should be aware of if you’re planning on filing and paying the sales tax in Maryland.
Find out more about the penalties imposed on late filing by visiting the official website of Maryland.
Maryland Sales Tax Holidays
|Maryland Energy Efficiency Sales Tax Holiday||February 17-19, 2018|
|Maryland Back to School Sales Tax Holiday||August 12-18, 2018|
If you want to know more about the list of the current Sales Tax Holidays in Maryland, please log on to the official website.