News
Maryland’s Property Tax Credit Season is Open!
Good news! Maryland residents may be eligible for a Homeowners’ or Renters’ Tax Credit that can provide significant financial relief. Here’s a quick overview of the two programs:
Homeowners’ Property Tax Credit Application
- Available to Maryland homeowners of all ages.
- Under Maryland law, you may be eligible for a substantial credit on the property tax bill issued for your home, based on your gross household income.
- The credit is calculated solely on total household income — including wages, Social Security, pensions, Railroad Retirement, Veterans’ benefits, and other sources, even if they are nontaxable.
- If the actual property taxes on your home (based on no more than $300,000 of assessed value) exceed the “Tax Limit” amount for your household income, you may be eligible and are urged to submit an application.
- Applications are processed by the State Department of Assessments and Taxation (SDAT), and the filing deadline is October 1, 2026.
Renters’ Tax Credit Application
- Available to Maryland renters age 60 and over, or those 100% disabled, based on income.
- Renters under 60 may qualify if they have a dependent child and meet certain income requirements.
- Provides a credit of up to $1,000 per year.
- Applications are processed by SDAT, and the filing deadline is also October 1, 2026.
Confirm your eligibility: Call 443.961.6220 or visit www.marylandtaxcredit.com to request an application or get more information.
Why check your eligibility?
- Even if you think you don’t qualify, you may be eligible based on your household income.
- Homeowners’ credits are applied as a deduction from your July property tax bill, while renters’ credits can provide up to $1,000 in relief.
- Applying early ensures enough time to complete your application before the October 1 deadline.
Watch this video and hear from our SOAR Counselor, Jamila Blake, about the tax credits!
Don’t miss this opportunity — contact us today to see if you qualify!
