Senior Tax Credit Application
Christine L. Kelly, Treasurer
P.O. Box 642, Leonardtown, MD 20650
(301) 475-4200 extension 3300
www.stmaryscountymd.gov/Treasurer/
[email protected]
Office Located at: 23150 Leonard Hall Drive, Leonardtown, MD
Due Date 5/1/2024
Approved applications received after May 1st but before the due date of September 1st may be eligible for credit.
St. Mary's County Cares about our Seniors with Three Tax Credit Programs
St. Mary's County Senior Matching Tax Credit
St. Mary’s County will match the credit you receive from the state. To qualify you must receive the Maryland State Homeowners’ Tax Credit and you must be a Senior Citizen 70 years old or older as of July 1st of the tax year in which the application is submitted. For more information on how to apply for the Maryland State Homeowners’ Tax Credit please visit: https://dat.maryland.gov/realproperty/Pages/Homeowners%27-Property-Tax-Credit-Program.aspx
St. Mary's County Senior "CAP" Tax Credit
St. Mary’s County will freeze your County Tax Liability at the same amount from the year you turn 70 years old or the first year you apply for the credit after the age of 70. This is considered your “base year”. To qualify you must be a Senior Citizen 70 years old or older as of July 1st of the tax year in which the application is submitted, have your principal residence in St. Mary’s County and have a taxable net income equal to or less than $80,000. The deadline is September 1, each tax year.
St. Mary's County 65-10 Senior Tax Credit
St. Mary’s County offers a 10% credit off your County Tax Liability for up to 5 years with annual submission of application. To qualify you must be at least 65 years of age as of July 1st, have your principal residence in St. Mary’s County with an assessed value less than $400,000, have a taxable net income equal to or less than $80,000 and be a retired active duty military member or have had your name on the deed to the residence for at least 40 years as of July 1st. The deadline is September 1, each tax year.
Frequently Asked Questions
I have been given the Credit. Does this mean my total tax bill will not increase? The short answer is no. Each tax bill is comprised of fees and taxes for County, State, and Emergency Services. These credits may apply only to your County Tax Liability.
APPLICATION FOR A CREDIT MUST BE SUBMITTED ANNUALLY
Assistance with these applications is available at St. Mary's County Department of Aging & Human Services 301-475-4200 extension 1064
Only one senior tax credit is applied to an account each tax year
Approved applications received before May 1st are eligible to have their Senior Tax Credit on their tax bill. Applications received after May 1st and before September 1st may be eligible for a credit.