Q. I am experiencing a temporary financial hardship and cannot afford to pay my taxes in one lump sum. What can I do?
A. We will accept your partial payments through February 28th of the tax year. Upon receipt of payment, we will issue a shortage bill reflecting amounts paid and amounts remaining unpaid. The County has a "Deferred Installment Plan". Eligibility is based upon hardship, repayment ability, and financial disclosure. Applications are available after January 1st and must be filed by March 1st of the tax year for which relief or assistance is sought to avoid sale of the property at the annual tax sale held in May or June each year. Failure to pay the taxes by the following December 1st can result in the property being subject to the tax sale.
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Q. What is the homestead tax credit?
A. The Homestead Tax Credit is a reduction of real property taxes due as authorized by the State of Maryland Tax Property Article Title 9-105. No application is required. It is calculated by the state and appears automatically on your bill. The requirements for a taxpayer to qualify for this credit are as follows:
The current taxable property assessment must have increased more than four (4) percent for County and ten (10) percent for State over the prior year's taxable assessment.
The property must be the principal residence of the homeowner and occupied for more than six months of a 12 month period beginning with January 1 prior to the taxable year. (Taxable year is July 1 through June 30)
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Q. My original tax bill included a homestead tax credit. My Assessment subsequently went down, yet my taxes did not go down, or, I paid my tax bill, received an assessment decrease and did not receive a refund. Why?
A. The tax credit is calculated on an increased assessment and was designed as a buffer for taxpayers when assessments increase drastically due to increased property values. When a property assessment levels off or decreases, then that property may no longer be eligible for this credit. Additionally, whenever an assessment decrease is granted, any tax credits that are on that account are recomputed based on the new assessment. In many cases, the reduction of taxes based on the new assessment is offset by the disallowance of tax credits.
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Q. How does a taxpayer qualify for a homeowners' tax Credit?
A. The Homeowners' Tax Credit is available to all taxpayers who meet certain income requirements regardless of age. Please contact the State Department of Assessment and Taxation, Homeowners' Tax Credit program at 410-767-4433.
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Revised July 25, 2006