Happy One-Year Anniversary!
Now that you’ve lived in your house for a year, you should qualify for Maryland’s Homestead Tax Credit. This credit limits any annual tax increase to no more than 10% a year for a principal residence. As values rise, so will your taxable assessment. So lock in your base value now before you overpay on your future tax bills. To register, you must:
1) Live in the Property for a Year as Principle Residents
2) Receive Your Application by Mail or Call 410-767-2165 to Get the Access Number
3) Apply at https://sdathtc.dat.maryland.gov/