The Internal Revenue Service issued an Advisory on December 27, 2017, that states, “A prepayment of anticipated real property taxes that have not been assessed prior to 2018 are not deductible in 2017.” Montgomery County tax assessments are made each July—the 2018 tax assessment will be made in July 2018.
Please see the guidance from the IRS here.
The County continues to advise taxpayers to consult their own tax advisor about the tax consequences of making a prepayment of the taxpayer’s 2018 County real property taxes on their federal income tax return.
Residents who still want to prepay their 2018 County real property taxes may do so by mail or in person; however, the County still encourages residents to pay by mail.
As stated in the County’s Notice of Intent document, in accordance with law passed by the Montgomery County Council on December 26, 2017, there can be no refunds until there is a 2018 tax bill for your account, the prepayment of 2018 tax is posted to your 2018 tax bill, and the prepayment exceeds the amount due on the 2018 Real Property Consolidated Tax bill.
Residents seeking to make prepayments in person may do so Monday through Friday between the hours of 8 a.m. to 4:30 p.m. at the Treasury office located at 255 Hungerford Dr., Rockville.
Only checks and cash will be accepted as a prepayment of 2018 County property taxes.
Send or deliver your payment to:
Department of FinanceFor more detailed instruction and required supporting documentation, you should visit the County’s Finance Department’s homepage at montgomerycountymd.gov/finance/ or https://apps.montgomerycountymd.gov/realpropertytax/.
Division of Treasury
ATTN: 2018 Prepaid Property Taxes
255 Rockville Pike, Suite L-15
Rockville, MD 20850