{"data":{"id":"us-md/md.-code-tax-general-13-602","jurisdiction":"us-md","citation":"Md. Code, Tax - General § 13–602","heading":"","body":"(a) Except as provided in subsections (b) and (c) of this section, a tax collector shall assess interest on unpaid tax from the due date to the date on which the tax is paid if a person who is required to estimate and pay digital advertising gross revenues tax, financial institution franchise tax, public service company franchise tax, or income tax under § 7.5–301, § 8–210(b), § 8–405(b), or § 10–902 of this article:\n(1) fails to pay an installment when due; or\n(2) estimates a tax that is:\n(i) less than 90% of the tax required to be shown on the return for the current taxable year; and\n(ii) less than 110% of the tax paid for the prior taxable year, reduced by the credit allowed under § 10–703 of this article.\n(b) Interest may not be assessed on the underestimation of individual income tax if:\n(1) at least 90% of the individual’s taxable income is also taxable by another state; and\n(2) the underestimation is of the county income tax only.\n(c) A tax collector may not assess interest on unpaid individual income tax under subsection (a) of this section if the amount of unpaid income tax is less than one-half the amount specified in § 6654(e)(1) of the Internal Revenue Code.","path":["Article - Tax - General"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg\u0026section=13-602","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:18Z","sha256":"30d975dd01d3b9a6a7c32cdfc13d6c3d8d17f95579854855aa3bf71ea22f41f9","source_id":"us-md","stale":false,"prev":"us-md/md.-code-tax-general-13-601","next":"us-md/md.-code-tax-general-13-603"},"notice":"GroundRules: Original legal text. Not legal advice."}