Don’t Lose your $692 Tax Credit in Montgomery County!
Montgomery County offers an Income Tax Offset Credit (ITOC) of $692 for residents who live in the property they own. State law now requires property owners to have a Homestead Tax Credit (HTC) on file with the Maryland State Department of Assessment and Taxation (SDAT) to continue to receive the credit. A property owner must have the HTC on file with SDAT by May 1, 2023, or they will be billed $692 and will no longer receive the $692 tax credit on future tax bills until the State has processed the application.
How do I check if I have previously filed a Homestead application?
Your property information can be accessed on the SDAT website here. The property information page will show your “Homestead Application Status.”
How do I apply for a Homestead Application?
Go to https://sdathtc.dat.maryland.gov/ for either an online application or to print out a paper application. If you are applying online, you can request an Access Number by emailing your name and address to sdat.homestead@maryland.gov. Include “Montgomery County Homestead Credit” in the email subject line.
For more information, visit the Montgomery County website here.
Homeowners, maryland, Montgomery County, taxes