This View contains Property Tax Credit Information. The County offers many tax credits and exemptions against the real property tax. The majority of property tax credits is determined by the Maryland State Department of Assessments and Taxation (SDAT). Specifically, SDAT determines whether a property is a “principal residence” (i.e., owner-occupied) which makes the property eligible for the County’s largest tax expenditures - homestead credit and local income tax offset credit. Moreover, the computation of many credits is performed by SDAT (e.g., homestead credit, homeowners property tax credit, senior credit), with only a minor portion of the credits computed by the Department of Finance, Treasury Division. To learn more, visit us at
www.montgomerycountymd.gov/propertytaxcreditsUpdate Frequency: Updated Annually in July
