The Howard County Historic Tax Credit Program is an excellent opportunity for property owners to save money on their taxes. If you are at least 65 years old and have lived in the same home for at least 30 years as of June 30, or if you are a retired member of the United States Armed Forces with 20 years of active service, you may be eligible for this tax credit. The program provides a tax credit to the owner of a property if they meet the criteria mentioned above. This tax credit can be used to offset the cost of taxes on the property, making it easier for those who qualify to keep their homes.
In order to take advantage of the Howard County Historic Tax Credit Program, you must first fill out an application form. This form can be found on the Howard County website or at your local county office. Once you have completed the form, you will need to submit it along with any supporting documents that may be required. Once your application has been approved, you will receive a letter from the county informing you of your eligibility and how much of a tax credit you will receive.
You will then need to submit your tax return with the credit applied in order to receive the benefit. The Howard County Historic Tax Credit Program is an excellent way for property owners to save money on their taxes. If you meet the criteria mentioned above, it is worth looking into this program as it could help you save money on your taxes and keep your home. It is important to note that this program is only available in Howard County and that there are certain restrictions that apply. Be sure to read all of the information carefully before applying so that you understand all of the requirements and can make an informed decision about whether or not this program is right for you.