Homestead Property Tax Credit

At a Glance

Property tax credit

Who's Eligible?

Baltimore City homeowners who live in their home as their primary residence

To Get Started

Submit a one-time application to establish eligibility

The Homestead Property Tax Credit was designed to limit the amount of the annual increase in taxable assessments for eligible owner occupied properties. The program protects homeowners from increases in taxable assessment above the level established by local law, in Baltimore City the annual cap is 4%. The credit is applied against the taxes due on the portion of the reassessment exceeding the 4% homestead cap. The credit is applied directly to the property owner’s tax bill.

PROGRAM BENEFIT

This program reduces your property taxes.

ELIGIBILITY & LIMITATIONS

  • No household income restriction
  • You must live in this home as your primary residence.
  • You must apply one time.
  • The property owner must apply within 180 days following the date the dwelling is transferred to them.

ADDITIONAL REFERENCES & RESOURCES

Program Terms & Conditions

Apply online at Maryland OneStop

PROGRAM CONTACT

Maryland State Department of Assessments & Taxation
(410) 767-2165
Email
Website

 

DISCLAIMER: The terms of this tax credit is subject to change. For a complete and updated list of Baltimore City tax credits, visit the Baltimore City Department of Finance here.

We're here to help.

Have more questions about this or other Baltimore City homeownership incentives? We're here to help! Send us an email or give us a call at (410) 637-3750. A Live Baltimore team member can walk you through your options.
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