Hi,
I am trying to fill out my State for MD corporate personal property tax return.
How do you figure out "liabilities and equity"?
Are they saying the sum of liabilities and equity?

FOr example,
If I have $10,000 in assets and
liabilities = $4,000

what do I put for the line that says
Liabilities and Equity _______________

Please help. I am desperate.
Thanks.

You are trying to prepare a corporate return, and you do not know how to determine liabilities and equity?

You are in OVER your head! Get professional tax help!