February 13, 2015

Qualified Maryland Renters Can Receive Up to $750 Tax Credit

Most Maryland residents know they’re entitled to a tax credit for owning their own home. But qualified renters in Maryland who meet the specific eligibility requirements can also take advantage of available tax credits under a program of the Maryland State Department of Assessments and Taxation.

To qualify for the Renter’s Tax Credit the resident(s) must:
  • Be legally responsible for the rent; 
  • Be age 60 or over, or 100% disabled; 
  • Be a surviving spouse of one who otherwise would have been eligible; 
  • Or, if a resident is under age 60, they must have had at least one dependent under the age of 18 living with them, and didn’t receive federal or state housing subsidies or reside in public housing, and the combined income of all residents of the home is below the allowable guidelines during the year they apply for the credit. 
The deadline to apply for the credit is September 1 of the year in which the credit will apply.

Applications and more information are available at www.dat.state.md.us/sdatweb/rtc.html, via email at taxcreditapp@dat.state.md.us, or by calling the Tax Credits Telephone Service at 410-767-4433 (in Baltimore); toll-free 1-800-944-7403.