Have you filed Homestead tax credit application?

DCren

HI Everyone,
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Have you filed this application? Existing home owners have until Dec 31, 2013 to apply.  Here is the link:
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- _  Z) ~1 J5 U7 {, [) p4 z* ehttp://www.dat.state.md.us/sdatweb/homestead_app.htm



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! X2 E/ ^' k. w$ a' t+ kMust apply for Tax Credit
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    Existing homeowners have until Dec 31, 3013 to apply (recent legislation extended the deadline)
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$ b( K) I* q" Z. G9 v/ Q    New Buyers will receive an application from the MD county Tax office once the deed is recorded and the database is updated.
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2 g1 }2 w' @0 s0 ]9 h+ ?& T   Phase in any property tax increase over 3 years and limits how much it can go up in each year to 10% of the existing property tax amount.
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1 U( d/ U! m! L6 t   New buyer  does not see benfits in first year due to value reassessment made upon transfer of the property
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   Effectively over time, principal residence owner pays less in property taxes, significant savings

- d! p+ F! [0 t   Owner can only receive credit for one property
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