{"data":{"id":"us-md/md.-code-tax-general-10-502","jurisdiction":"us-md","citation":"Md. Code, Tax - General § 10–502","heading":"","body":"(a) If a person does not file a federal income tax return, the person shall compute Maryland taxable income in accordance with the cash or accrual accounting method that:\n(1) the person uses to compute income regularly in keeping the person’s books; or\n(2) the Comptroller requires to reflect clearly the person’s income.\n(b) If a person does not file a federal income tax return, the person shall compute Maryland taxable income:\n(1) for the calendar year; or\n(2) if the person keeps adequate records for an annual fiscal year accounting period, for the fiscal year.","path":["Article - Tax - General"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg\u0026section=10-502","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:18Z","sha256":"31e21f46edb34c4b0d8b5a104f82c374e95c0febc8baa9c71a14344c07d55c26","source_id":"us-md","stale":false,"prev":"us-md/md.-code-tax-general-10-501","next":"us-md/md.-code-tax-general-10-503"},"notice":"GroundRules: Original legal text. Not legal advice."}