Maryland Department of Assessments and Taxation
Maryland

The Renters' Tax Credit Program provides property tax credits for renters who meet certain requirements. The plan was modeled after and designed to be similar in principle to the Homeowners' Tax Credit Program, which is known to many as the Circuit Breaker Program. The concept rests on the reasoning that renters indirectly pay property taxes as part of their rent and thus should have some protection, as do homeowners. The plan is based upon the relationship between rent and income. If the portion of rent attributable to the assumed property taxes exceeds a fixed amount in relation to income, the renter can, under specified conditions, receive a credit of as much as $1,000. The credit is paid as a direct check from the State of Maryland.

Funding Source
Tax expenditure
Funding Year
2023
Program Status
Active
Contact
Renters' Tax Credit Program State Department of Assessments & Taxation [email protected] 410-767-5915
Amount Provided
Maximum amount is NA (NA).
Program Type
Info Source
NLIHC internet research
Last Updated
7/31/23 15:12
Other Eligibility Requirements

Persons with disabilities; Elderly; Persons under age 60 without disabilities with at least one dependent under 18

Amount Calculation Method

Based on income, rent, and/or property taxes up to a fixed maximum amount