Eligible County Homeowners Encouraged to Apply for Maryland’s Homestead Tax Credit by December 31

December 20, 2012 – (RealEstateRama) — Montgomery County homeowners who are eligible for Maryland’s Homestead Property Tax Credit must submit a one-time application with the Maryland State Department of Assessments and Taxation (SDAT) by December 31 to establish eligibility. The credit limits the amount of assessment on which a homeowner actually pays taxes on their principal residence. The credit does NOT apply to rental or vacation properties.