Homeowners' Property Tax Credit Application Form HTC (2024)-2026

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  1. Click ‘Get Form’ to open the Homeowners' Property Tax Credit Application Form HTC (2024) in our editor.
  2. Begin by filling out the Applicant Details section. Enter your full name, Social Security Number, and Date of Birth in the respective fields.
  3. Provide your Mailing Address if it differs from the Property Address. If applicable, include an explanation on a separate sheet.
  4. Indicate your Current Marital Status by checking the appropriate box and provide your spouse's details if married or co-owned.
  5. In the Property Information section, enter your Property Account Number and select the type of residence you own.
  6. Complete the Household Members section by listing any members over eighteen who are not dependents, along with their income details.
  7. Fill out the Wages & Income section accurately, reporting all sources of income for each household member.
  8. Review all entries for accuracy before signing and submitting your application. Ensure all required documents are attached.

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To be eligible, you must claim Maryland residency for the 2024 tax year, file 2024 Maryland state income taxes, have initially incurred at least $20,000 in undergraduate and/or graduate student loan debt, and have at least $5,000 in outstanding student loan debt at the time of applying for the tax credit.
The State of Marylands Homeowners Tax Credit program allows credits against a homeowners property tax bill if the property taxes exceed a fixed percentage of the persons gross income.
Maryland Tax Changes Effective July 1, 2024 The tax rate for other tobacco products, like chewing tobacco, will increase from 53 percent to 60 percent. The tax levied on electronic smoking devices (other than vaping liquid in containers of 5 milliliters or less) will increase from 12 percent to 20 percent.
Tax credit for Elderly Individuals and Military Retirees is available for residents who are over 65 years of age, and who either have lived in their home for at least 40 consecutive years, or those who are retired from one of the United States armed forces (a Military Retiree, including a surviving spouse).
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).
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Combined gross household income cannot exceed $60,000. If all four requirements are met, the amount of tax credit due, if any, will be calculated on the basis of the gross household income for calendar year 2023.
Senior Tax Credit Residents who are at least 65 on the last day of the tax year may be eligible for a nonrefundable tax credit of up to $1,000.

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