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Important for Silver Spring, Md and all Maryland Home Owners – Homestead Tax Credits

The great State of Maryland has decided to make all of their property owners reapply for Good Md Sealtheir Homestead Deduction.   I don’t remember ever applying in the first place, but I know I recieve it every year and it’s quite generous!  
Property owners should have received or will be receiving their assessments for 2008.  Within the envelope is the standard Assessment Notice and two additional pages.  The two additional pages at first glance appear to be the standard junk that is put in these mailers from the state.  At second glance you will find that one page informs land property owners that everyone must apply to “continue” receiving their Homestead Deduction.  Those who have not received it yet must also apply to “begin” receiving the deduction.  The third page is the actual paper application for the deduction.

Property Owners will have the ability to mail in the paper application or apply online.  The deadline is 4/1/08. 

More info at the website Md Homestead Tax Exemption for an explanation and to apply for the exemption go to this link Homestead Eligibility Application”.

This is something that will be missed by more than a few people (myself included!) I’m sure you can imagine how difficult it will be to make a correction once the deadline is passed!  

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