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Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Taxes Homestead Tax Credit. Show all posts
Showing posts with label Taxes Homestead Tax Credit. Show all posts

Tuesday, April 10, 2012

Homeowners must apply for property-tax credit or lose it by Jamie Smith Hopkins, The Baltimore Sun



State launches online feature to show which owners are set

By Jamie Smith Hopkins, The Baltimore Sun April 3, 2012

(Soundtrack editor’s note: Jamie Smith Hopkins of The Baltimore Sun rules – listen to her… I’m just saying…)

Tens of thousands of Maryland homeowners who haven't already applied for the Homestead Property Tax Credit have until the end of the year to do so or lose the often-valuable break.

The deadline was set so long ago — 2007 — that some residents might not remember if they applied. State assessors, hoping to cut down on anxious calls, launched an online feature Monday that notes whether a property's application is in and processed.

"We get such tremendous volume of calls, and one of the unfortunate things is, when people do call … they sometimes get a busy signal," said Robert E. Young, director of the state Department of Assessments and Taxation. "It's so much easier just to go to the website."

The owners of 807,000 homes in the state are getting a break on their property taxes thanks to the homestead credit, which acts as a limit on annual increases. About 150,000 owners haven't sent in their applications, according to the assessments agency.

The statewide homestead program is only for primary residences. It keeps the amount of assessed value a homeowner is taxed on from increasing more than 10 percent a year, with even lower caps in most jurisdictions… http://www.baltimoresun.com/business/bs-bz-homestead-application-feature-20120402,0,3243613.story

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Search on The Baltimore Sun website for Homestead Tax Application: http://www.baltimoresun.com/search/dispatcher.front?Query=Homestead+Tax+Application&target=adv_article

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