When does MD start accepting tax returns? This is a common question among taxpayers in Maryland who are eager to file their returns as soon as possible. Understanding the timeline for tax return acceptance is crucial to ensure that you can take advantage of any potential refunds or credits without delay.
Tax season is a time of year when millions of Americans prepare and file their tax returns. For residents of Maryland, the Maryland Department of Revenue (MDR) is responsible for processing state tax returns. The MDR typically follows the federal tax filing schedule when it comes to accepting tax returns, with a few exceptions.
When Does MD Start Accepting Tax Returns?
The MDR generally begins accepting tax returns on the same day that the Internal Revenue Service (IRS) starts accepting federal tax returns. For the 2023 tax season, the IRS began accepting federal tax returns on January 23, 2023. Therefore, it is reasonable to assume that the MDR also started accepting Maryland tax returns on the same day.
However, it is important to note that the MDR may have specific deadlines or requirements for certain types of tax returns. For example, if you are filing a paper tax return, you should ensure that it is postmarked by the applicable deadline to avoid any late filing penalties. Additionally, if you are filing an extension, you must submit your request by the original filing deadline.
What to Expect During Tax Season
During tax season, the MDR works diligently to process tax returns as quickly as possible. However, it is essential to keep in mind that the volume of tax returns received can be substantial, which may lead to delays in processing.
To help taxpayers stay informed, the MDR provides updates on its website regarding processing times and any potential issues that may arise. It is also a good idea to keep track of your own tax return status by using the MDR’s online services or by contacting the MDR directly.
Conclusion
In conclusion, the MDR typically starts accepting tax returns on the same day that the IRS begins accepting federal tax returns. To ensure a smooth filing process, keep an eye on the MDR’s website for updates and deadlines, and be prepared to submit your tax return well before the applicable deadlines. By staying informed and organized, you can take advantage of the tax benefits available to you in a timely manner.
