Businesses in Maryland are required to file their Annual Reports to the Maryland Department of Assessment and Taxation (SDAT) as part of their annual business tax filings. SDAT will waive its $300 annual report filing fee for every year a Maryland business signs employees up for MarylandSaves and employees use the program.
Employers must register and begin sending employee payroll contributions, or claim their waiver by December 31 to receive their SDAT filing fee waiver in the following year.
SDAT recommends that you file online for efficiency and accuracy. If you file online and are eligible for a waiver, you should see that your balance due is at $0.