Q: When are property taxes due in Allegany County?
A: For the current tax year, the gross payment period ends April 30, 2026. A 2% discount is available for payments made by March 31, 2026. Taxes become delinquent on May 1, 2026, with a 5% penalty plus 1% monthly interest.
Q: What tax credits are available and how do I apply?
A: Allegany County offers several tax credits including the Homestead Credit (limits assessment increases to 10% annually), Senior Citizen Tax Credit, Disabled Veteran Credit, and others. All credits require annual application through the Maryland State Department of Assessments and Taxation. Applications must typically be filed by September 1st for the following tax year.
Q: How does the Homestead Credit work?
A: The Homestead Credit caps the annual increase in assessed value to 10% for owner-occupied principal residences. This credit does not reduce your current assessment but limits future assessment growth. You must apply initially, and the credit continues automatically as long as you remain eligible.
Q: How often are properties reassessed?
A: Allegany County follows Maryland's three-year assessment cycle. Properties are physically inspected and reassessed every three years, with annual updates for market changes, new construction, or property improvements between full assessments.
Q: What happens if I pay my property taxes late?
A: A one-time penalty of 5% of the gross tax due is applied on May 1, 2026, for delinquent taxes. Additionally, interest of 1% of the gross tax amount is charged monthly. Continued delinquency can result in tax sale proceedings.
Q: Can I pay my property taxes online?
A: Yes, Allegany County accepts online property tax payments through their official website. Electronic payments are typically processed immediately, and confirmation receipts are available for printing.
Q: How do special district taxes work?
A: Properties located within special taxing districts (fire districts, sanitary districts, etc.) pay additional taxes beyond the base county rate. These appear as separate line items on your tax bill and fund specific local services.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Maryland Property Tax Assessment Appeal Board within 60 days of receiving your assessment notice. Appeals can be based on valuation errors, incorrect property information, or inequitable assessment compared to similar properties.
Q: What exemptions are available for non-profit organizations?
A: Qualifying non-profit, religious, and charitable organizations may receive property tax exemptions. Applications must be filed with SDAT and meet specific criteria regarding property use and organizational purpose.
Q: Are personal property taxes separate from real estate taxes?
A: Yes, Maryland assesses personal property taxes on business equipment, vehicles, and other personal property separately from real estate. Business owners should contact the county for personal property tax requirements and filing deadlines.