Starting with taxable years after June 30, 2027, Maryland homeowners who meet the credit’s income and net worth limits can apply through February 14.
Homeowners who meet the income and net worth limits may apply for Maryland’s property tax credit through February 14 of the year the credit covers.
Some homeowners may ask the Department to accept a late application for up to one or three years after April 15, depending on their circumstances.
The Maryland Department of Assessments and Taxation accepts applications through February 14 of the taxable year. A homeowner’s combined net worth must be no more than $200,000 and combined gross income no more than $60,000, measured in the calendar year before the taxable year. Applicants must use the Department’s form and swear that the information is true. The Department may require proof of income or net worth. This deadline applies to taxable years beginning after June 30, 2027.
The Department may accept certain late applications for up to one or three years after April 15 of the taxable year. These late application periods apply to homeowners seeking a credit for a past taxable year. The one-year period applies to first-time applicants or homeowners who applied by February 14 in each of the three preceding taxable years. The three-year period applies to homeowners age 70 or older, or enrolled in the Homeowner Protection Program, who were eligible for the credit for that year. Each period runs from April 15 of the taxable year covered.
No hearings or votes scheduled.