Montgomery County Senior Property Tax Credit (Senior Tax Credit)

April 1, 2019

The Senior Tax Credit is available to homeowners at least 65 for whom the property is their principal residence (see the HOTC page for details); Interested homeowners must submit the Homeowners Tax Credit Application to the Maryland State Department of Assessments and Taxation (SDAT).

Eligible homeowners must:

  • Be at least 65 years of age.
  • Use the home as their Principal Residence.
  • Qualify for either the State Homeowners’ Tax Credit or the County Supplement.
  • Apply for the Homeowners Tax Credit .

Homeowners’ Property Tax Credit Program

What is the Homeowners’ Property Tax Credit Program?

The State of Maryland has developed a program which 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.

What is a Property Tax (Wikipedia)

A property tax (or millage tax) is a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality. Multiple jurisdictions may tax the same property.