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Homestead Tax Credit Deadline TODAY

December 31 is D Day for the Maryland Homestead Tax Exemption, i.e., DEADLINE day!

The Homestead Tax Credit limits any increase in your property tax assessment to a fixed amount that is prescribed by your local jurisdiction.  It’s not automatic… you must apply.  In  Anne Arundel and Prince George’s Counties, 102% is the magic number.  It’s 105% for the City of Bowie.

Couple - seniors on computerIf you’re not sure whether you’ve already applied, visit the Real Property Database on the Maryland Department of Assessments & Taxation website, enter your county and street address, and then scroll down to the bottom of the page.  The very last line will contain a notation indicating whether you application has been received or approved.  If not, you must do so today in order to benefit on your next tax bill.

There are 3 options for filing:

Visit the Maryland Department of Assessments & Taxation website for answers to any questions you may have about the Maryland Homestead Tax Credit. Don’t delay… Today is the deadline!

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