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Maine State Tax Help and Forms (Subscribe)

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Maine tax help, forms and answers to thousands of Maine tax questions. Handy summary of all Maine taxes, including corporate and individual Maine income taxes, credits, exemptions, deductions and more. Includes Maine estate, gift and inheritance tax, miscellaneous Maine taxes, pass-through entity treatment, payroll taxes, property taxes and Maine sales & use taxes.

Maine ranks #34 on the State Business Tax Climate Index (TaxFoundation.org).

Maine State Tax Summary (TaxGrams ™)
Corporate Taxes
   Rates & Brackets:
      3.5%> $0
      7.93%> $25,000
      8.33%> $75,000
      8.93%> $250,000
   Loss Carry-back/fwd: 0 Years Back / 20 Years Forward (Unlimited)
   Throwback Sales?: Y
   Foreign Tax Deductible?: Y
   Alternative Minimum Tax (AMT): Y
   Gross Receipts Tax: N
   Capital Stock (Net Worth) Tax?: N

Credits and Incentives
   Job Credits?: Y
   R&D Credits?: Y
   Investment Credits?: Y

Individual Taxes
   Rates & Brackets:
      6.5%> $0
      6.85%> $250,000
   Local Option IT Rate: None
   Federal Inc used as Base?: Y
   Standard Deductions: Single $5,450 / Joint $9,100
   Personal Exemptions/Credits (c): Single $2,850 / Joint $5,700 / Dependent $2,850
   Federal Tax Deductible?: N
   State Tax Deductible?: Y
   Alternative Minimum Tax (AMT)?: Y

Inheritance, Gift, Estate, Death Taxes
   Gift Tax?: N
   Estate Tax?: Decoupled
   Inheritance Tax?: N
   Generation-Skipping Tax?: N

Miscellaneous Taxes
   Gas Tax: 29.9 cents/gallon
   Diesel Tax: 30.3 cents/gallon
   Cigarette Tax: 200 cents/20 pack

Pass-through Entities
   LLC Pass-through Recognized?: Y
   S-Corp Pass-through Recognized?: Y

Payroll Taxes
   Unemployment Insurance Tax Index (TaxFoundation.org): #40

Property Taxes
   Median Tax Paid on Homes (Rank): $1,897 (#20)
   Median Value of Homes: $180,200
   Tax as % of Home Value (Rank): 1.05% (#18)
   Median Income of Homeowner: $57,118
   Tax as % of Income (Rank): 3.32% (#17)

Sales and Use Taxes
   State Rate: 5.0%
   County & City (Weighted Ave): None
   Combined State and Ave. Local Rates (Rank): 5.00% (#43)
   General Treatment of Services: Exempt
   Gas Exemption: Exempt
   Grocery Exemption: Exempt

 
 

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Maine State Home Page

Maine is "The Pine Tree State." Its capitol city is Augusta, located in Kennebec County.

http://www.maine.gov/

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Maine: Installment Agreement

If Main Revenue Services sent you a bill, and you are unable to pay the amount due in full, you may contact Maine Revenue Services to discuss a payment plan.

http://www.maine.gov/tools/whatsnew/index.php?topic=mrs_income_faq&id=48922&v=faqa

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Maine: Interactive Tax Return

Maine's 1040 Telefile system has been discontinued. Individual taxpayers may use E-File (commercial software) or I-File (free, interactive, web-based filing). Note that I-File is available for property, payroll and sales taxes.

http://www.maine.gov/revenue/netfile/gateway2.htm

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Massachusetts: Installment Agreement

You can use the Massachusetts Department of Revenue's Payment Agreement System to apply for a payment agreement.

https://wf.dor.state.ma.us/spa/welcome.asp

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