As property values have risen over the past several years, many homeowners in Garrett County have seen a significant increase in their most recent tax assessment and bill. For primary residents, there’s a program that can provide a credit to alleviate the full weight of the tax increase. The Homestead Tax Credit is a state-wide Maryland program that helps alleviate the burden of rapidly rising tax assessments. Only available to primary homeowners, who live full time in state, this credit limits the increase the taxable assessments to a certain percentage.
For Garrett County, the limit for Accident, Deer Park, Friendsville, Kitzmiller, Mountain Lake Park, and Oakland is 5%, while Grantsville and Loch Lynn Heights is 10%. This credit does not change your property’s assessed value, but will cap the increase you’ll pay based on the rate in your municipality.
To be eligible, a one-time application must be completed and on file. This can be done online at https://link.edgepilot.com/s/fc96a6f5/Stc1NJ9XPEKykBAG42bjJg?u=https://sdathtc.dat.maryland.gov/ .
If you are unsure whether you’ve filed this application, you can search for your property and application status online at https://link.edgepilot.com/s/59d05052/dX3HIbdJNki8QYlCvimYJA?u=https://sdat.dat.maryland.gov/RealProperty/Pages/default.aspx .
There are certain requirements, but most primary homeowners will qualify. If your application is denied, you may appeal the finding one time.