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Maryland Homestead Property Tax Credit

Maryland State Department of Assessments & Taxation

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About This Program

Limits the annual increase in taxable assessment of a principal residence to 10%, protecting homeowners from large property tax increases. Baltimore City has an even lower cap of 4% for qualifying residents.

Caps assessment growth at 10% statewide; Baltimore City cap is 4%

Key Details

  • Limits property assessment increases to 10% per year statewide
  • Baltimore City offers additional 4% cap for residents
  • Must be your principal residence
  • One-time application required — then automatically applied
  • Protects against sudden property tax spikes

How to Apply

Deadline: Ongoing — automatic for eligible homeowners

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This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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