Renters’ Tax Credit
The Renters’ Tax Credit
The Renters’ Tax Credit Program provides property tax credits for renters who meet certain requirements and is based upon the relationship between rent and income. The rented dwelling may be an apartment in an individual house or any type of apartment building, duplex, co-op, condominium, house trailer, or mobile home pad. The dwelling must be the principal residence in Maryland and the renter must live there at least six months of the year. You are only eligible to receive a tax credit for rent paid in the State of Maryland.
2022 Renters’ Tax Credit Applications will become available on February 15, 2022.