WILLIAM DONALD SCHAEFER, Governor                       Ch. 2

(A)  RETURNS.

AN INDIVIDUAL REQUIRED UNDER PART II OF THIS TITLE TO FILE A
RETURN FOR A TAXABLE YEAR SHALL COMPLETE AND FILE WITH THE
COMPTROLLER AN INCOME TAX RETURN:

(1)  ON OR BEFORE APRIL 15TH OF THE NEXT TAXABLE YEAR;
OR

(2)  IF THE INCOME TAX IS COMPUTED FOR A FISCAL YEAR,
ON OR BEFORE THE 15TH DAY OF THE 4TH MONTH AFTER THE END OF THAT
YEAR.

(B)  DECLARATION IN GENERAL.

(1)  EXCEPT AS PROVIDED IN SUBSECTIONS (C) AND (D) OF
THIS SECTION, AN INDIVIDUAL REQUIRED UNDER § 10-815 OF THIS
SUBTITLE' TO FILE A DECLARATION OF ESTIMATED INCOME TAX FOR A
TAXABLE YEAR SHALL COMPLETE AND FILE WITH THE COMPTROLLER:

(I)  AN INITIAL DECLARATION ON OR BEFORE APRIL
15 OF THAT YEAR; AND

(II)  A QUARTERLY ESTIMATED INCOME TAX RETURN ON
OR BEFORE JUNE 15, SEPTEMBER 15, AND JANUARY 15 AFTER THE FILING
OF THE INITIAL DECLARATION.

(2)  AN INDIVIDUAL SHALL FILE A DECLARATION THAT WAS
NOT FILED ON APRIL 15 OR AN AMENDED DECLARATION, ON ANY DATE
ALLOWED IN PARAGRAPH (1)(II) OF THIS SUBSECTION FOR FILING A
QUARTERLY ESTIMATED INCOME TAX RETURN.

(3) IF AN INDIVIDUAL ELECTS TO PAY THE INCOME TAX IN
FULL ON OR BEFORE JANUARY 31, INSTEAD OF FILING THE QUARTERLY
ESTIMATED INCOME TAX RETURN REQUIRED ON JANUARY 15, THE
INDIVIDUAL SHALL FILE A FINAL INCOME TAX RETURN ON OR BEFORE
JANUARY 31.

(C)  DECLARATION FOR FISHING OR FARMING INCOME.

IF AN INDIVIDUAL REQUIRED TO FILE A DECLARATION OF  ESTIMATED

INCOME TAX HAS ESTIMATED GROSS INCOME FROM FISHING OR       FARMING,

INCLUDING OYSTER FARMING, THAT IS AT LEAST 2/3 OF  THE TOTAL

ESTIMATED INCOME FOR A TAXABLE YEAR, THE INDIVIDUAL MAY    COMPLETE
AND FILE WITH THE COMPTROLLER:

(1)  A DECLARATION OF ESTIMATED INCOME TAX FOR THAT
TAXABLE YEAR ON OR BEFORE JANUARY 15 OF THE NEXT TAXABLE YEAR; OR

(2)  AN INCOME TAX RETURN FOR THAT TAXABLE YEAR ON OR
BEFORE MARCH 1 OF THE NEXT TAXABLE YEAR.

(D)  DECLARATION FOR INCOME FROM WAGERING.

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