Eligibility Requirements
You must own or have a legal interest in the property.
Your home must be your primary residence, where you live for at least six months each year, including July 1. Exceptions apply if you are a recent homebuyer or if health or care needs prevent you from meeting this requirement.
Your net worth, excluding the value of the property you're seeking the credit for and any qualified retirement savings or IRAs, must be less than $200,000.
Your total household income before taxes must be $60,000 or less.
Application timeline: February 2025 - October 1, 2025.
Click Paper applications to download an application
Applicants can request an appointment for assistance by calling the SOAR program 443-961-6220
How much could you save?
Enter your combined household income and assessed property value below to calculate your savings.
Your savings estimate is just an approximation. The State Department of Assessments and Taxation will verify your savings after reviewing your application.
According to our calculations, your tax limit should be $1680 and you could save $3820 by applying for the property tax credit.
Sorry, you are not currently eligable for the tax credit based on your reported household income.
Have questions about the Homeowners’ Tax Credit program? Please reach out to us using the form below.