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Form 8823 for Montgomery Maryland: What You Should Know
As required by law, this link is provided as a convenience for you. May 17, 2025 — The County Executive's Office of the County of Montgomery, Maryland, will discontinue its relationship with the Public Service Loan Forgiveness (PSL) Program on 1 July 2020. County Executive Isiah Legged announced this decision: “At a time when private lenders are increasingly targeting Marylander's, including elderly homeowners, with questionable loan terms, I believe it's appropriate to take a hard look and to address the issues we have heard from many Marylander's. I am pleased that with continued support from the Legislature, PSL can be renewed and the program can be strengthened, but we will work with all interested stakeholders as the program transitions to a new provider.” The County Executive has directed the County's Financial Services Department to implement the program across the system, including in the non-profits. The Department has completed the program transition as the new lender for the Montgomery County, Maryland. This will allow the Montgomery County PSL Program to be renewed once again in 2020. The new provider for the program will not need to follow these same terms. This change has been made because of feedback received and data collected from Montgomery County from applicants and families over the last 10 years, the current status of the program, and changes in lending practices. If you have any questions and/or comments, please contact the County. A PDF document with the Form 8823 — Low Income Housing Credit Agencies. This PDF is available to download directly, not printed out Form 8958 for Montgomery County Maryland Fill exactly for your county (PDF File; 5.5 MB) What happens when you get the Form 8958 form? When you get this form, you cannot file an itemized statement of account, and you cannot file an itemized statement of income and/or deductions. Instead, you need to fill out forms 8902 and 8903 and include your personal income tax filing statement for the year.
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