The Maryland State Department of Assessments & Taxation (SDAT) has issued penalty notices to owners of commercial real property valued at $5 million or more who failed to submit Income and Expense Statements for the past three years.

• These penalties are mandated under Section 8-105 of the Tax Property Article and may be up to 0.1% of the property's assessed value.
• SDAT previously sent two certified mailings with deadlines to submit the required information.
• Property owners may reduce the penalty by submitting the completed Income Questionnaire immediately.
• If the questionnaire has already been submitted, owners should contact SDAT to resolve any discrepancies.
• A written appeal can be filed within 30 days of the notice, directed to the Supervisor of Assessments.
• The penalty bill will be issued by the County Tax Collector, and payments should be made directly through the Montgomery County Real Property Tax Portal.

For questions, contact SDAT at 240-314-4500 or [email protected].