SCorpDesk / 2026 S-Corp & QBI Guides / Maryland (MD) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
Maryland (MD) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in Maryland?
In Maryland (MD), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form 510). For the Pass-Through Entity Tax (PTET) deduction: 8.00% Resident / 8.25% Nonresident Maryland PTE Tax. Entity-level franchise/minimum tax: $300 Annual SDAT Personal Property / Report Fee.
In Maryland (MD), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553 (Form 510). For the Pass-Through Entity Tax (PTET) deduction: 8.00% Resident / 8.25% Nonresident Maryland PTE Tax. Entity-level franchise/minimum tax: $300 Annual SDAT Personal Property / Report Fee.
Open Maryland 2026 S-Corp & 20% Permanent QBI Calculator
2026 Maryland (MD) S-Corporation Statutory Tax Matrix
| Maryland S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 (Form 510) |
| Pass-Through Entity Tax (PTET) Election | 8.00% Resident / 8.25% Nonresident Maryland PTE Tax |
| Annual Minimum / Franchise Tax | $300 Annual SDAT Personal Property / Report Fee |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does Maryland require a separate state S-Corp election in 2026?
For Maryland (MD): Recognizes Federal Form 2553 (Form 510).
What is the Maryland S-Corp franchise or minimum tax for 2026?
In Maryland: $300 Annual SDAT Personal Property / Report Fee.