To fill out the one-time Homestead Tax Credit Application (principal residence assessment cap). You must fill-in the property identification number in order to submit this application.Use Form MW506AE to apply for a Certificate of Full or Partial. Maryland requires all homeowners to submit a onetime application to establish eligibility for the Homestead Tax Credit. Form for nonresidents who sold property in Maryland to apply for a full or partial exemption from nonresident withholding on sales of property in Maryland. Online: Go to Homestead Tax Credit Eligibility Application page, and complete the online form. Filing an online application will be faster than mailing one in. The Homestead Credit is designed to limit the tax liability for homeowners that experience rapidly rising assessments. Anne Arundel County has enacted several local property tax credits for the benefit of the owners of real property located within our jurisdiction. 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.
