Homeowners and renters are missing out on millions of dollars in tax relief. Use the resources below to learn more.
Maryland
You may be eligible to receive money back
Maryland Program Overview
Homeowners' Property Tax Credit Program (HTC-1)
The Homeowners' Property Tax Credit (HTC-1) allows credits against the homeowner's property tax bill if the property taxes exceed a fixed percentage of the person's gross income. In other words, it sets a limit on the amount of property taxes any homeowner must pay based upon his or her income.
Eligibility
- You must own or have a legal interest in the property
- The dwelling on which you are seeking the tax credit must be your principal residence where you live at least six months of the year, including July 1, unless you are a recent home purchaser or unless you are unable to do so because of your health or need of special care
- Your net worth, not including the value of the property on which you are seeking the credit or any qualified retirement savings or Individual Retirement Accounts, must be less than $200,000
- Your combined gross household income cannot exceed $60,000
Application Deadline
The deadline for filing an application is October 1, 2023. Homeowners who file and qualify by April 15 will receive the credit directly on their tax bill. Persons who file later up until the October 1 deadline will receive any credit due in the form of a revised tax bill. Applicants filing after April 15 are advised not to delay payment of the property tax bill until receipt of the credit if they wish to receive the discount for early payment offered in some subdivisions. A new application must be filed every year if the applicant wishes to be considered for a tax credit.
Required Documentation
- If you filed or will file a Federal Income Tax Return for 2022, or if married and filed or will file separately, include a photocopy of the completed 2022 federal tax return(s), including all accompanying schedules and other forms, when submitting this application.
Contact Details
For more information, visit the Homeowners Property Tax Credit Program webpage
If you have additional questions regarding the Homeowners’ Tax Credit, please contact the Department’s Homeowners’ Tax Credit Program at
sd [email protected] or 410-767-5900.
Maryland Renters’ Property Tax Credit (RTC-1)
The Renters’ Property Tax Credit (RTC-1) provides a direct check payment of up to $1,000 a year for renters who paid rent in the State of Maryland and who meet certain eligibility requirements.
Eligibility
- The rented dwelling may be an apartment in an individual house or any type of apartment building, duplex, co-op, condominium, house trailer, or mobile home pad. The dwelling must be the principal residence in Maryland and the renter must live there at least six months of the year. You are only eligible to receive a tax credit for rent paid in the State of Maryland
- If you are age 60 or over or 100% disabled, you are encouraged to apply if your monthly rent and total gross household income meets certain guidelines. If the portion of rent attributable to the assumed property taxes exceeds a fixed amount in relation to income, the renter can, under specified conditions, receive a credit of as much as $1,000
- If you are a renter under the age of 60 who had at least one dependent under the age of 18 living with you AND you did not receive federal or state housing subsidies or reside in public housing AND the combined income of all residents of your dwelling is below certain guidelines, you are encouraged to apply
Application Deadline
Renters have until October 1 of the year in which the credit is sought to apply, but it is advantageous to file as early as possible.
Required Documentation
- If you filed or will file a Federal Income Tax Return for 2022, or if married and filed or will file separately, include a photocopy of the completed 2022 federal tax return(s), including all accompanying schedules and other forms, when submitting this application.
- First time applicants, and those who have moved during the previous year, must submit a copy of their lease, rental agreement, canceled checks, money order receipts or other proof of rent paid.
- If applicant is totally disabled, please provide proof of disability. If applicant is under age sixty (60) with dependent children, include a copy of their social security card(s) and birth certificate(s).
Contact Details
For more information, visit the Renters’ Tax Credits webpage
If you have additional questions regarding the Renters’ Tax Credit, please contact the Department’s Renters’ Tax Credit Program at sd [email protected] or 410-767-5915.
Your Resources
Your state accepts digital and mailed applications
Property Tax-Aide has independently selected the property tax relief programs featured on this website that we think are the most relevant and beneficial to older adults. It is not an exhaustive list of all property tax relief programs available in each state. Please consult your local tax agency for a comprehensive listing of property tax relief programs in your area.