State Tax Credit for Vehicles and Vessels Benefits

Vehicle Registration Tax Credit

As a new resident of Maryland, you must title your vehicle within 60 days of moving to Maryland.  Proof of military status (i.e. military ID or equivalent) must be submitted to be eligible for an excise tax credit.  If the owner is a member of the military on active duty or a member of their immediate family and has not been a Maryland resident for more than one year, an excise tax credit is allowed with proof of active military status.  If the owner is a Maryland resident on active duty or a member of their immediate family returning to this state, an excise tax credit is allowed if the vehicle is titled within one year of their return, with proof of active military status.

For more information on titling an out of state vehicle in Maryland visit the Motor Vehicle Administration website.

Vessel Excise Tax Credit

A member of the armed services serving on active duty in the State is exempt from the 5% vessel excise tax for one year. The exemption applies only to vessels currently registered elsewhere and brought into Maryland because of the duty transfer. New purchases are not exempt.

For more information on the boat registration and vessel excise tax credit visit the Department of Natural Resources website.