The Frederick
County Senior Tax Credit was enacted by the
Board of County Commissioners on January 3,
2012, and is available to Frederick County
Homeowners who meet the eligibility
requirements. The amount of the Senior tax
credit will be 20% of the net County real
property taxes (up to zero) for qualifying
homeowners. Some of the eligibility
requirements include:
Homeowners must be
at least 65 years of age (if
multiple homeowners, then one of the homeowners
applying must be 65 years of age.)
Gross income of
household must be $60,000 or less
All other
limitations and requirements of the state
Homeowner Tax Credit apply. Some of the
limitations and requirements are as follows:
1. Applicant must own or have a legal interest
in the property.
2. Dwelling must be the principal residence of
the applicant and applicant must live there at
least six months of the year, including July 1,
unless they are a recent home purchaser or the
applicant is unable to do so because of health
or need for special care.
3. Applicant’s net worth, not including the
value of the property on which the credit is
being sought or any qualified retirement savings
or individual retirement accounts, must be less
than $200.000.
4. Credit is only granted on the taxes
resulting from the first $300,000 of assessed
value of the residence.
If you would like
to attend the Senior Tax Credit Seminar and have
additional questions, require more information
or would like to make an appointment for
application assistance please call:
Frederick County
Treasury (301) 600-1111
Frederick County
Department of Aging (301) 600-3520
A representative
from the Maryland Energy Assistance Program will
be available to answer questions and assist with
applications.
