The State of Maryland provides a credit for the real property tax bill for homeowners of all ages who qualify on the basis of gross household income. Maryland requires all homeowners to submit a onetime application to establish eligibility for the Homestead Tax Credit.For further information and applications go to the Maryland Department of Assessments and Taxation. The application is form HTC-60. The deferral is only calculated on the County property taxes, not the state or town portions of the property taxes.