Tax Break Opportunity for Elderly Montgomery County Residents
Good financial health reduces stress which can improve physical and mental health. Montgomery County recently passed a tax credit that entitles elderly residents and elderly retired military to a 20% tax credit. To be eligible, residents must be 65 or older AND must have lived in the dwelling that they own for at least 40 consecutive years OR must be retired military personnel. This year’s applications will be accepted through September 1. For more information and to apply, please visit here. You may also call 240-777-0311 and ask for the Department of Finance, Division of Treasury.