What is the Maryland homestead tax credit?

In Maryland, if you meet the requirements and file an application, you may receive a discount on your real property taxes.

In this article I will discuss the minimum requirements to qualify for the Maryland Homestead Tax Credit, how to fill out an application and why the Tax Credit is such a great deal for Maryland homeowners.

What are the requirements?

You must:
1) Live in the property as your principal residence;
2) Have been in the property as your principal residence for at least a year; and
3) Submit an application to the Maryland State Department of Assessment and Taxation.

How do I get an application?

When you purchase your property, a document is typically filed with the deed stating you will be living in the property as your principal residence – each County has its own form.

Once the Assessor’s Office for the County in which you purchased updates the assessor’s records to reflect you as the new owner, an Application for Homestead Tax Credit Eligibility is sent to your property.

You can either fill out the application online or send a hard copy in the mail. If you decide to file online, you will need to have your letter in front of you, as there will be an 8-digit code you will need to enter in order to fill out the application.

If you do not get an application via mail, you can print one off of the Maryland Department of Assessment and Taxation website, fill it out and mail it in.

When should I look for the application to come to me?

It usually takes approximately 3 months for the local assessment office to update the records, so you should receive an application shortly thereafter.

What if I already own my home and don’t know if I am receiving the homestead credit?

You can check in with your local County assessment office. Most of the counties have the property assessments online. If you have the homestead credit, it will appear on your tax bill.

If you find you do not have the homestead credit, then you will need to print an application out from the website and mail it in as instructed on the application.

Why bother to file the application?

Not only will you receive a credit on your real property taxes, but the tax assessment will be capped. This means that your taxes could stay lower for longer and possibly save you hundreds of dollars during your ownership. The caps on the assessed values vary by County.

Once I have filed the application, do I need to reapply every year?

No, unlike other tax exemptions/credits, this is a one-time application.

Related Articles

Comments (4)

  • Bob Wirth,Jr.

    Bob Wirth,Jr.

    23 March 2017 at 08:45 | #

    What can you do if you are denied because of incorrect information gathered by the tax credit dept. AND NO ONE WILL ANSWER THE PHONE !


  • webmaster


    23 March 2017 at 13:35 | #

    Hi Bob, thanks for your inquiry. Sorry you're having trouble getting the information you need. Are you trying to contact our office or your tax collector? You can also send us an email at info@federaltitle.com, though we have staff answering phones from 8:30 am to 5 pm East Coast time. We look forward to assisting you!


  • Sharon


    29 October 2017 at 13:20 | #

    Is there a credit for widows?


  • Nikki


    02 November 2017 at 20:33 | #

    Hi there,

    Our real credit applies to all. Here's more info: https://federaltitle.com/real-credit



Leave a comment

You are commenting as guest.
  • Ways to save at closing

    Title charges are the largest chunk of closing costs and can vary by hundreds of dollars.

    Learn more

  • What are closing costs?

    The real estate closing process involves loan steps, legal steps and title steps.

    Learn more

  • What's title insurance?

    Insure your legal ownership just like you'd insure the building, but for lots cheaper.

    Learn more

Connect with us

Our blog contains general information only, not intended to be relied upon as, nor a substitute for, specific professional advice. Rate tables and figures that appear on our blog are deemed reliable but not guaranteed. For current rates & policies, refer to our Quick Quote and Consumer Guide. We accept no responsibility for loss occasioned to any purpose acting on or refraining from action as a result of any material on our blog.