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Governor Hogan Announces Extension of Homeowners’ and Renters’ Property Tax Credit Deadlines

Governor Larry Hogan today announced that the Maryland State Department of Assessments and Taxation (SDAT) is extending the deadline to apply for 2020 Homeowners’ and Renters’ Property Tax Credits from October 1 to October 31. These two tax credit programs save Marylanders more than $65 million per year, with homeowners receiving an average credit of $1,348 on their tax bill and renters receiving an average direct payment of $414. Applications can be submitted online through Maryland OneStop “This is yet another step our administration is taking to ensure more of our citizens can remain safe and secure in their homes,” said Governor Hogan. “Tens of thousands of Marylanders who have not yet applied may still be eligible for these tax credits, and now have an additional month to apply for this much-needed relief.” The Homeowners’ Property Tax Credit Program provides relief for eligible homeowners by setting a limit on the amount of property taxes owed based on their income. If a resident has already paid their property tax and applies before October 31, any tax credit that the homeowner may be eligible for will be refunded by their local county finance office. Many counties and municipalities also provide supplemental homeowners’ […]

The post Governor Hogan Announces Extension of Homeowners’ and Renters’ Property Tax Credit Deadlines appeared first on Southern Maryland News Net.

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