Tax Credits

The County and State of Maryland offer several tax credits to property owners. Below is a listing of tax credits available in Queen Anne's County. The Homeowner's Property Tax Credit requires application on a yearly basis while some credits will transfer each year as long as the requirements are met.

Click on the credits below for more information on the program and eligibility.

  1. Homeowners Property Tax Credit
  2. Homestead Tax Credit
  3. Tax Deferral
  4. Emergency Worker Tax Credit
  5. Arts and Entertainment Credit


Homeowner's Property Tax Credit Program

The State of Maryland has developed a program which allows credits against the homeowner's property tax bill if the property taxes exceed a fixed percentage of the person's gross income. In other words, it sets a limit on the amount of property taxes any homeowner must pay based upon his or her income. The Maryland General Assembly has improved the plan through the years so that now this program is available to all homeowners regardless of their age, and the credits are given where needed, based upon the person's income.

Before your eligibility according to income can be considered, you must meet 4 basic requirements:

  • You must own or have a legal interest in the property.
  • The dwelling on which you are seeking the tax credit must be your principal residence where you live at least 6 months of the year, including July 1, unless you are a recent home purchaser or unless you are unable to do so because of your health or need of special care.
  • Your net worth, not including the value of the property on which you are seeking the credit or any qualified retirement savings or Individual Retirement Accounts, must be less than $200,000.
  • Your combined gross household income cannot exceed $60,000.

For more information and to download an application, please visit the Maryland Dept of Assessments and Taxation website.