Maine Form 1040ME Instructions

Form 1040ME Instructions
Income Tax Instructions
2024 MAINE
Resident

Individual Income Tax Booklet
Form 1040ME

Maine Electronic Filing Payment Services

For more information, see maine.gov/revenue
Free internet access is available at most local libraries in Maine. See your librarian for details about free internet access.

TAXPAYER ASSISTANCE and FORMS
Get refund status: Visit revenue.maine.gov or call (207)
624-9784 - Weekdays 9:00 a.m. - 12:00 p.m.

Federal income tax information and forms: Call the Internal
Revenue Service at (800) 829-1040 or visit irs.gov.

To download or request forms or other information: Visit
maine.gov/revenue/tax-return-forms or call (207) 624-7894
- Every day 24 Hours.

Visit maine.gov/revenue to obtain the latest tax updates,
view frequently asked questions (FAQs), or email tax-related
questions.

TTY (for persons who are hard of hearing): 7-1-1 - Weekdays
9:00 a.m.- 12:00 p.m.

Collection problems and payment plans: (207) 621-4300 Weekdays 8:00 a.m. - 5:00 p.m. Call this number if you have
a tax balance due that you would like to resolve.

Taxpayer Assistance: (207) 626-8475 - Weekdays 9:00 a.m. 12:00 p.m. Note: MRS does not provide tax return preparation
assistance over the telephone.*

*Individuals qualified for free tax preparation assistance may schedule an appointment by contacting the: AARP Foundation Tax-Aide
Program at aarp.org/money/taxes/aarp_taxaide, or email [email protected], or call 888-AARPNOW (888-227-7669); or the Ca$h
Coalition of Maine at cashmaine.org/free-tax-prep, or call 2-1-1.

Form 1040ME due date: Tuesday, April 15, 2025
Printed Under Appropriation 010 18F 0002.07

MAINE REVENUE SERVICES
P.O. BOX 1060
AUGUSTA, ME 04332-1060

IMPORTANT CHANGES for 2024
Credit for certain homestead modifications. 36 M.R.S. § 5219PP(6); L.D. 1808; P.L. 2023, c. 441, Pt. C, §§ 6 and 11. For tax years
beginning on or after January 1, 2024, the credit for certain homestead
modifications is repealed except that unused credit amounts may be
utilized to the fullest extent allowed by the carryforward provisions for
the credit.

Lincoln Mill Facilities District bond interest. L.D. 2270; P. & S.L.
2023, c. 23, § 7. Certain bonds issued by the Lincoln Mill Facilities
District are, together with interest on and income from the bonds,
exempt from all taxes, including the Maine income tax. Effective April
16, 2024.
United States Space Force. 36 M.R.S. §§ 5122(2)(M-2), 5122(2)(HH),
and 5122(2)(LL); L.D. 2023; P.L. 2023, c. 523, Pt. B, §§ 1, 2, and 3.
The law is amended to include the Space Force as an active or reserve
component of the United States Armed Forces for purposes of the Maine
pension income deduction and the income subtraction modifications for
annuity payments made to the survivor of a deceased member of the
military and non-Maine active duty military pay.

Dependent exemption tax credit. 36 M.R.S. §§ 5219-SS, 5403(9), and
5403, ¶ 2; L.D. 258; P.L. 2023, c. 412, Pt. ZZZ, §§ 6, 10, and 11. For tax
years beginning on or after January 1, 2024, the dependent exemption
tax credit is refundable and for tax years beginning after 2024, the credit
is adjusted for inflation. The credit is subject to phaseout.
Estimated income tax payments; short taxable year. 36 M.R.S. §
5228(7); L.D. 2023; P.L. 2023, c. 523, Pt. B, § 5. The law is amended
to clarify that the payment of estimated income tax payments for a short
taxable year must be made in accordance with existing due dates for
estimated tax installments that fall within the short taxable year.

Pension income deduction. 36 M.R.S. § 5122(2)(M-2); L.D. 258; P.L.
2023, c. 412, Pt. ZZZ, § 2. For tax years beginning on or after January
1, 2024, the pension income deduction is increased to the maximum
annual benefit that an individual eligible to retire at the retirement age,
as defined in 42 United States Code, Section 416(l), as of January 1st
of the tax year may receive under the federal Social Security Act and
amendments to that Act as of June 28, 2023. Benefits received under a
military retirement plan, including survivor benefits, continue to be fully
exempt from Maine income tax.

Information returns. 36 M.R.S. § 5242; L.D. 2023; P.L. 2023, c.
523, Pt. B, § 6. The law is amended to clarify that certain returns of
information are required to be filed by persons making payment or
crediting in a calendar year the amounts of $600 or more, or $10 or more
in the case of interest or dividends, to a person who may be subject
to Maine income taxes. Failure to file such returns, or filing a false or
fraudulent return, may result in a penalty of $50 for each such failure.
Generally, returns of information include Forms W-2, Forms 1099, and
other similar forms containing tax information necessary for filing Maine
income tax returns.

Installment sale election. 36 M.R.S. § 5147; L.D. 1808; P.L. 2023, c.
441, Pt. C, §§ 5, 9, and 11. For tax years beginning on or after January 1,
2024, the law provides that interest associated with an installment sale
of property for which the election is made by a nonresident individual
taxpayer to pay the Maine tax on the gain in the year of the sale or in a
subsequent tax year is excluded from Maine taxable income in the year
of the election and any subsequent tax year.

See the complete 2024 Summary of Tax Law Changes available at
maine.gov/revenue/publications/rules.

Property tax fairness credit. 36 M.R.S. §§ 5219-KK(1)(A-1)(4),
5219-KK(2-D), and 5403(6); L.D. 258; P.L. 2023, c. 412, Pt. S and
L.D. 2023; P.L. 2023, c. 523, Pt. B, § 4. For tax years beginning on
or after January 1, 2024, the property tax fairness credit is increased
for individuals 65 years of age or older by 1) increasing the maximum
benefit base to $4,000, regardless of the individual’s filing status and
number of qualifying children and other dependents, and 2) increasing
the maximum benefit from $1,500 to $2,000. The benefit base amount
is adjusted annually for inflation for tax years beginning after 2024.

MAINE REVENUE SERVICES MISSION STATEMENT

MRS' mission is to fairly and efficiently administer the State's tax laws with integrity and professionalism.
2

GENERAL INSTRUCTIONS

SPECIFIC INSTRUCTIONS — FORM 1040ME

	 Who must file? A Maine income tax return must be filed by April
15, 2025, if you are a resident of Maine who is required to file a federal
income tax return or if you are not required to file a federal return, but do
have income subject to Maine income tax resulting in a Maine income
tax liability. Even if you are required to file a federal income tax return,
you do not have to file a Maine income tax return if you have no income
addition modifications (Form 1040ME, Schedule 1A, line 12) and your
income subject to Maine income tax is less than the sum of your Maine
standard deduction amount plus your personal exemption amount.
However, you must file a return to claim any refund due to you. Generally,
if you are a nonresident or a safe harbor resident who has income from
Maine sources resulting in a Maine income tax liability, you must file a
Maine income tax return. See below for more information on residency,
including safe harbors. Nonresidents - see Schedule NR instructions for
minimum taxability thresholds. Also see, 36 M.R.S. § 5142(8-B) and Rule
806.

Note: References to federal form line numbers are subject to change.
Form 1040ME is designed to comply with optical scanning
requirements. Fill in the white boxes carefully in black or blue ink.
Letters and numbers must be entered legibly within the outline
area. Letters must be in upper case only. Begin writing name(s),
address, etc., from the left; dollar amounts start from the right.
Use whole dollar amounts. Round down to the next lower dollar any amount
less than 50 cents. Round up to the next higher dollar any amount 50 cents
or more. Do not enter dollar signs, commas, or decimals. Due to scanning
requirements, only original forms and schedules may be submitted.
Taxpayer Information. Print or type your name(s) and current mailing
address in the spaces provided. Social security number(s) must be
entered in the spaces provided. Do not use dashes.
Check the box above your social security number if this is an amended
return. You must file an amended Maine income tax return if (1) you
have filed an amended federal income tax return that affects your Maine
income tax liability; (2) the Internal Revenue Service has made a change
or correction to your federal income tax return that affects your Maine
income tax liability; or (3) an error has been made in the filing of your
original Maine income tax return. For more information, see the frequently
asked questions at maine.gov/revenue/faq.

	 For answers to frequently asked questions (FAQs), visit maine.
gov/revenue/faq.

What is my Residency Status?
	 To determine your residency status for 2024, read the following.
Domicile: Domicile is the place an individual establishes as their
permanent home and includes the place to which they intend to
return after any period of absence. A number of factors associated
with residency are relevant in the evaluation of a claimed domicile. A
domicile, once established, continues until a new, fixed and permanent
home is acquired. To change domicile, a taxpayer must exhibit actions
consistent with a change. No change of domicile results from moving
to a new location if the intent is to remain only for a limited time, even
if it is for a relatively long duration.

Line A. Maine Property Tax Fairness Credit/Maine Sales Tax
Fairness Credit for Maine residents and part-year residents only.
See Schedule PTFC/STFC. Check the box on line A only if (1) you are
claiming the Property Tax Fairness Credit on line 25d and/or the Sales Tax
Fairness Credit on line 25e; (2) you have no Maine income modifications
on Form 1040ME, Schedule 1A or Schedule 1S; AND (3) you do not file
a federal income tax return. Otherwise, leave the box blank. See the
Schedule PTFC/STFC instructions for Step 1. Note: Schedule PTFC/
STFC is available at maine.gov/revenue/tax-return-forms.

•	Full-year Resident: 1) Maine was my domicile for the entire year of
2024; or 2) I maintained a permanent place of abode in Maine for the
entire year and spent a total of more than 183 days in Maine.

Line 1. FOR MAINE RESIDENTS ONLY. The Maine Clean Election
Fund finances the election campaign of certified Maine Clean Election
Act candidates. Checking this box does not increase your tax or reduce
your refund but reduces General Fund revenue by the same amount.

• Safe Harbor Resident (treated as a nonresident):
	 General Safe Harbor - Maine was my domicile in 2024, I did not
maintain a permanent place of abode in Maine, I maintained a
permanent place of abode outside Maine and I spent no more than 30
days of 2024 in Maine. An individual qualifying under the safe harbor
rule will be treated as a nonresident for Maine individual income tax
purposes.
	 Foreign Safe Harbor - I spent at least 450 days in a foreign country
during any 548-day period occurring partially or fully in the tax year.
The taxpayer must also meet other eligibility criteria. If you qualify for
the Foreign Safe Harbor, you will be considered a safe harbor resident
and treated as a nonresident for the 548-day period even though you
were domiciled in Maine.

Line 2. Check if at least two-thirds of your gross income for 2024 was
from commercial farming or fishing as defined by the Internal Revenue
Code. Include your spouse’s income in your calculation if you are filing
a joint return.
Lines 3-7. Use the filing status from your federal income tax return. If
you filed a married filing jointly federal return and one spouse is
a part-year resident, nonresident or safe harbor resident, see the
Guidance Documents for Schedule NR and Schedule NRH available
at maine.gov/revenue/tax-return-forms (select Income Tax Guidance
Documents). If you are filing married filing separately, be sure to include
your spouse’s name and social security number.

•	 Part-year Resident: I was domiciled in Maine for part of the year and
was not a full-year resident as defined in 2) above.

Lines 8-11a. See the General Instructions above to determine your
residency status. Nonresident aliens: check box 11 if you were a
nonresident of Maine or box 11a if you were a resident of Maine during
all or part of the tax year. If you check box 8a, 9, 10, 11, or 11a, enclose
a copy of your federal tax return.

•	Nonresident: I was not a resident or part-year resident in 2024, but I do
have Maine-source income. Follow the federal filing requirements
for filing status, federal adjusted gross income, and standard or
itemized deductions.
NOTE: Safe harbor residents, part-year residents, and nonresidents,
file Form 1040ME and Schedule NR or NRH.
Schedules NR and NRH are available at maine.gov/revenue/tax-returnforms.
For additional information on determining Maine residency or if you are
in the military, see the Maine Revenue Services Guidance Documents
titled Determining Residency Status and Residency Safe Harbors
for Residents Spending Time Outside Maine available at maine.gov/
revenue/tax-return-forms (select Income Tax Guidance Documents).

3

Line 13. Personal exemptions. If your Filing Status on
lines 3 through 7 is:
• Single*;
• Married filing separately*;
• Head of household; or*;

• Qualifying surviving

spouse*

Note: If you are filing Form 1040ME only to claim the PTFC/STFC,
have no income addition or subtraction modifications, and do not
file a federal income tax return, skip to Line 25d.

Enter on
line 13:
1

Part-year residents, Nonresidents, and Safe Harbor residents, see
Schedule NR or NRH.

*Except, if you may be claimed as a dependent on
another person's return OR

0

Line 14. Enter the federal adjusted gross income shown on your federal
Form 1040, line 11 or Form 1040-SR, line 11.

*If married filing separately AND you would claim a
federal personal exemption for your spouse, if not
for the temporary suspension of the federal personal
exemption deduction

2

Line 15a. Income Addition Modifications. Complete Maine Schedule
1A to calculate your entry for this line.

• Married filing jointly**

Line 15b. Income Subtraction Modifications. Complete Maine
Schedule 1S to calculate your entry for this line.

2

**Except, if married filing jointly AND BOTH you and
your spouse may be claimed as dependents on another
person’s return OR

0

**If married filing jointly AND only ONE spouse may be
claimed as a dependent on another person’s return

1

Line 17. Deduction. CAUTION: If the amount on Form 1040ME, line
16 is more than $97,150 if single or married filing separately; $145,750
if head of household; or $194,300 if married filing jointly or qualifying
surviving spouse, you must complete the Worksheet for Standard/
Itemized Deductions below to calculate your deduction amount for line 17.
If your income does not exceed the amount for your filing status and you
use the standard deduction on your federal return, enter the amount from
federal Form 1040, line 12 or Form 1040-SR, line 12 for your filing status.

Line 13a. Enter the number of qualifying children and dependents
for whom you are eligible to claim the federal child tax credit or the
credit for other dependents (from federal Form 1040 or Form 1040SR, “Dependents,” columns (1) through (4)). Also see Form 1040ME,
Schedule A, line 1 or line 9, and related instructions.

If you itemized deductions on your federal return, complete Form 1040ME,
Schedule 2. If the amount on Schedule 2, line 7 is less than your allowable
standard deduction, use the standard deduction, except, if you are filing
as a nonresident alien, you must use itemized deductions.

Worksheet for Standard / Itemized Deductions (for Form 1040ME, line 17)
Use this worksheet to calculate your standard deduction or itemized deduction if your Maine adjusted gross income for 2024 is greater than $97,150 if
single or married filing separately; $145,750 if head of household; or $194,300 if married filing jointly or qualifying surviving spouse.
1.	 Enter your 2024 Maine adjusted gross income (Form 1040ME, line 16).................................................................. 1.	

_____________________

2.	 Enter $97,150 if single or married filing separately; $145,750 if head of household; or........................................... 2.	
	
$194,300 if married filing jointly or qualifying surviving spouse.

_____________________

3.	 Subtract line 2 from line 1. If zero or less, STOP here. Your deduction is not limited............................................... 3.	

_____________________

4.	 Enter $75,000 if single or married filing separately; $112,500 if head of household; or............................................ 4.	
	
$150,000 if married filing jointly or qualifying surviving spouse.

_____________________

5.	 Divide line 3 by line 4. If one or more, enter 1.0000.................................................................................................. 5.	

___ . ___ ___ ___ ___

6.	 Enter your 2024 standard deduction. (See federal Form 1040, line 12 or Form 1040-SR, line 12) or your
	
2024 Maine itemized deductions from Form 1040ME, Schedule 2, line 7, whichever applies................................. 6.	

_____________________

7.	 Multiply line 6 by line 5.............................................................................................................................................. 7.	

_____________________

8.	 2024 Maine itemized deductions or standard deduction. Subtract line 7 from line 6. Enter this amount
	
on Form 1040ME, line 17.......................................................................................................................................... 8.	

_____________________

filing jointly or qualifying surviving spouse; or $194,325 if married filing
separately, you must complete the Worksheet for Phaseout of Personal
Exemption Deduction Amount below to calculate your exemption amount
for line 18.

Line 18. Exemption. Multiply the amount shown on line 13 by $5,000.
CAUTION: If the amount on Form 1040ME, line 16 is more than $323,900
if filing single; $356,300 if head of household; $388,650 if married

Worksheet for Phaseout of Personal Exemption Deduction Amount (for Form 1040ME, line 18)
Use this worksheet to calculate your personal exemption amount if your Maine adjusted gross income for 2024 is greater than $323,900 if single;
$356,300 if head of household; $388,650 if married filing jointly or qualifying surviving spouse; or $194,325 if married filing separately.
1.	 Enter your 2024 Maine adjusted gross income (Form 1040ME, line 16).................................................................. 1.	

_____________________

2.	 Enter $323,900 if single; $356,300 if head of household; $388,650 if married filing jointly or qualifying
	
surviving spouse, or $194,325 if married filing separately......................................................................................... 2.	

_____________________

3.	 Subtract line 2 from line 1. If zero or less, STOP here. Your personal exemption deduction amount is not limited.... 3.	

_____________________

4.	 Enter $125,000 if single or head of household or married filing jointly or qualifying surviving spouse; $62,500 if
	
married filing separately............................................................................................................................................ 4.	

_____________________

5.	 Divide line 3 by line 4. If one or more, enter 1.0000.................................................................................................. 5.	

___ . ___ ___ ___ ___

6.	 Enter the 2024 personal exemption deduction amount (multiply the amount on Form 1040ME, line 13 by
	
$5,000)...................................................................................................................................................................... 6.	

_____________________

7.	 Multiply line 6 by line 5.............................................................................................................................................. 7.	

_____________________

8.	 2024 Maine personal exemption deduction amount. Subtract line 7 from line 6. Enter this amount on
	
Form 1040ME, line 18............................................................................................................................................... 8.	

_____________________

4

Line 32. Underpayment Penalty. If line 24 less the sum of lines 25a,
25c, 25d, 25e, and REW amounts included in line 25b is $1,000 or more,
use Form 2210ME to see if you owe an underpayment of estimated tax
penalty. Form 2210ME is available at maine.gov/revenue/tax-returnforms.

Line 20a. Enter the amount of credits previously used to reduce Maine
income tax that are now subject to recapture. Enclose supporting
documentation or applicable worksheet(s) to show the calculation of the
amount entered on this line.
Line 21. Note: Schedules NR and NRH are available at maine.gov/
revenue/tax-return-forms.

Line 34b. Refunds of $1.00 or more will be issued to you.
Lines 34c-34e. To comply with banking rules, you must check the box to
the left of line 34d if your refund is going to an account outside the United
States. If you check the box, a paper check will be mailed.

Line 24. Subtract line 23 from line 22. Nonresidents and Safe Harbor
Residents only - Note: Unused business credits claimed on Schedule
A, lines 14 through 19 may be eligible to be carried over to future tax
years. See the instructions for Maine Schedule A.

The account to receive the direct deposit must be in your name. If you
are married, the account can be in either spouse's name or both spouses'
names. Note: Some banks will not allow a joint refund to be deposited
into an individual account.

Line 25a. Enter the total amount of Maine income tax withheld. Enclose
(do not staple or tape) supporting W-2, 1099 and 1099ME forms. Unless
the 1099 form is required as supporting documentation for another
schedule or worksheet, send 1099 forms only if there is State of Maine
income tax withheld shown on them.

Line 34c. Routing Number (“RTN”) must be 9 digits.
Line 34d. Bank Account Number can be up to 17 characters (both
numbers and letters). Omit hyphens, spaces, and special symbols. Enter
the number from left to right.

Line 25b. Enter the total amount of Maine estimated tax paid for tax
year 2024. Also include on this line extension payments and amounts
withheld for on the sale of real estate in Maine. Enclose a copy of
Form REW-1-1040 or, for electronic payments, a copy of the Summary
of your Real Estate Withholding Payment to support your entry. If you
are filing an amended return, include amounts paid with your original,
or previously adjusted return, including use tax, voluntary contributions,
and estimated tax penalty amounts.

Line 35. Total Amount Due. Do not send cash. If you owe less than
$1.00, do not pay it. Remit your payment of $1.00 or more using the Maine
Tax Portal ("MTP") at revenue.maine.gov or enclose (do not staple or
tape) a check or money order payable to Treasurer, State of Maine with
your return. Include your complete name, address and telephone number
on your check or money order.

Line 25d. For Maine residents and part-year residents only. Enter
the amount from Schedule PTFC/STFC, line 16.

Lines 36a-36e. Easy Enrollment Health Insurance Program. Complete
this section if you live in Maine and you, your spouse (if married), or any
of your dependents do not have health insurance coverage and would
like to be contacted by the Maine Department of Health and Human
Services, Office of the Health Insurance Marketplace ("CoverME.gov") to
determine whether you and/or your household are eligible for MaineCare
or a CoverME.gov qualified health plan. Check all boxes that apply. You
must check box 36a, and at least one of boxes 36b-36d, and box 36e,
to authorize MRS to share your information with CoverME.gov. Be sure
to include the necessary contact information (your mailing address or
phone number on Form 1040ME, page 1, or your email address on Form
1040ME, page 3).

Line 25e. For Maine residents and part-year residents only. Enter
the amount from Schedule PTFC/STFC, line 17 or line 17a, whichever
applies.
Line 26. If you are filing an amended return, include any carryforward
or refund amount allowed on the original, or previously adjusted return.
Line 29. If the amount on line 27 is a negative amount, treat it as a
positive amount and add it to the amount on line 24.
Note: For purposes of calculating Form 1040ME, lines 28 and 29, any
negative amount entered on Form 1040ME, line 24 should be treated
as zero.

Third Party Designee. Complete this section if you would like to allow
MRS to call or accept information from another person to discuss your
2024 Maine individual income tax return. Choose any 5-digit personal
identification number which will be used to ensure MRS employees
speak with only the individual you have designated. This authorization
will automatically end on April 15, 2026.

Line 30. If you purchased items for use in Maine from retailers who did
not collect the Maine sales tax (such as businesses in other states or
countries and unregistered mail order and internet sellers), you may owe
Maine use tax on those items. The tax rate for purchases in 2024 is
5.5%. If you paid another state’s sales or use tax on any purchase, that
amount may be credited against the Maine use tax due on that purchase.
If you do not know the exact amount of Maine use tax that you owe,
multiply your Maine adjusted gross income from line 16 by .04% (.0004).

Payment Plan. Check the box below your signature(s) if you are
requesting a payment plan. Your first payment should be submitted
with your return and you should continue to make payments until Maine
Revenue Services contacts you.

Note: For items that cost $1,000 or more, you must add the tax on those
items to the percentage amount. Use tax on items that cost more than
$5,000 must be reported on an individual use tax return by the 15th
day of the month following its purchase. For additional information, visit
maine.gov/revenue/taxes/sales-use-service-provider-tax or email sales.
[email protected].

Payment plans may also be requested by logging into your account on
the Maine Tax Portal at revenue.maine.gov. For more information email
[email protected].
Injured Spouse. Check the box below your signature(s) if you are an
injured spouse for a Maine Revenue Services income tax debt only.
(See federal Form 8379 and related instructions.) If you have a married
joint refund which may be set off to a State agency including DHHS, you
must submit your claim form directly to that agency. For more information
email [email protected].

Line 30a. If you collected $2,000 or less in sales tax on casual rentals
of living quarters, you may report the tax on this line. Enter the amount
of tax collected on rentals made in 2024 not already reported on a sales
tax return. The tax rate on casual rentals occurring during 2024 is 9%.
Note: To report sales tax greater than $2,000, you must file a sales/use
tax return at revenue.maine.gov.

5

SCHEDULE 1A — Income Addition Modifications - See page 19
For more information on Maine income modifications, visit maine.gov/revenue/tax-return-forms.
Property that is transferred out of state or disposed of within 12 months
after being placed in service in Maine is not eligible for the Maine
capital investment credit. Amounts entered on this line are eligible for
the recapture subtraction modification on Schedule 1S in future years.

Also include the taxpayer’s distributive share of addition modification
items from partnerships, S corporations, and other pass-through entities.
Line 1. Enter the income from municipal and state bonds, other than
Maine, that is not included in your federal adjusted gross income (i.e.,
enter bond interest from City of New York but not Portland, Maine). 36
M.R.S. § 5122(1)(A).

Line 6. Enter your share of a fiduciary adjustment (addition
modifications) relating to income from an estate or trust (36 M.R.S. §
5122(3)). Attach a copy of your federal Schedule K-1.

Line 2. Net operating loss recovery adjustment. Enter on this
line any amount of federal net operating loss carry forward that has
been previously used to offset Maine addition modifications. For more
information, go to maine.gov/revenue/tax-return-forms (select Income
Tax Guidance Documents). 36 M.R.S. §§ 5122(1)(H) and 5122(1)(M).

Line 7. Election to recognize total gain from the sale of Maine real
or tangible property – nonresidents only. Nonresident individuals
may elect to recognize the entire gain from an installment sale during the
taxable year of real or tangible property located in Maine. The election
may only be made on a timely filed original return and, once made, is
irrevocable. Enter on this line the total gain from the sale of the Maine
property that would have been included in your federal adjusted gross
income if you had not reported the gain on the installment sale basis,
less the amount of the gain from the sale already included in your federal
adjusted gross income reported on Form 1040ME, line 14. An entry on
this line constitutes an election under this paragraph. 36 M.R.S. § 5147.

Line 3. Enter 2024 Maine Public Employees Retirement System
contributions. See your Maine state or municipal W-2 form. 36 M.R.S.
§ 5122(1)(G).
Lines 4 and 5. Bonus depreciation add-back. Lines 4 and 5 relate
to Maine’s decoupling from the federal special depreciation deduction
through IRC § 168(k), commonly known as bonus depreciation. To
calculate the amount to enter on these lines, complete a pro forma federal
Form 4562 as if no bonus depreciation was claimed on the property
placed in service in tax year 2024.

Line 8. Adjustment for loss, deductions, and other expenses
of a pass-through entity financial institution subject to Maine
franchise tax. Under Maine law, financial institutions are subject to
the Maine franchise tax, regardless of how the institution is organized.
This includes a financial institution organized as a pass-through entity,
such as a partnership or limited liability company. Maine law provides
that the income from an ownership share in a pass-through entity
financial institution is not taxable income on the owner’s Maine income
tax return. In like manner, any loss, deduction, or expense of a passthrough entity financial institution reflected in an owner’s federal income
is not permitted in calculating the Maine taxable income of the owner.
36 M.R.S. § 5122(1)(K).

The total addition modification is the difference between the federal
depreciation claimed on Form 4562 and the depreciation calculated on
the pro forma Form 4562. If any of the property placed in service in tax
year 2024 is located in Maine and the Maine capital investment credit is
claimed, the total addition modification must be divided between lines 4
and 5. Otherwise, the entire addition must be entered on line 4. Enclose
copies of the original and pro forma federal Forms 4562, along with the
add-back calculation, with the completed Form 1040ME.
For more information, go to maine.gov/revenue/tax-return-forms (select
Income Tax Guidance Documents). Also, refer to the instructions for
Schedule 1S, line 10 below.

Line 9. Wellness programs tax credit adjustment. Maine taxpayers
who claim the Maine credit for wellness programs under 36 M.R.S. §
5219-FF and deducted related expenses on their federal tax return
must increase Maine taxable income by the amount federal income was
reduced. 36 M.R.S. § 5122(1)(EE).

Line 4. Bonus depreciation add-back: Enter on this line the total
bonus depreciation add-back calculated above less the amount of Maine
capital investment credit add-back from line 5. Amounts entered on this
line are eligible for the recapture subtraction modification on Schedule
1S in future years (for example, see Schedule 1S, line 10). 36 M.R.S.
§ 5122(1)(KK)(2).

Line 10. Enrolled tribal members in Maine. If the amount on Schedule
ETM column C, line 5 is negative, enter that amount on Schedule 1A,
line 10 as a positive number. Enclose Schedule ETM available at maine.
gov/revenue/tax-return-forms. Also see Form 1040ME, Schedule 1S,
line 25.

Line 5. Maine capital investment credit bonus depreciation addback: The Maine capital investment credit is available to businesses that
place depreciable property in service in Maine during the taxable year.
36 M.R.S. § 5122(1)(KK)(1).

Line 11. Other. This line is reserved for future use, if needed. Do not
enter an amount on this line, unless specifically instructed to do so.

Enter on this line the portion of the bonus depreciation add-back
calculated above relating to property for which the Maine capital
investment credit is claimed, based on original basis of property placed
in service in tax year 2024. For example, if you purchased $400,000 of
eligible property and $100,000 of that property is located in Maine and
included in the credit base, the portion of the add-back to include on
this line is $100,000/$400,000 or 25% of the total bonus depreciation
add-back calculated above.

6

SCHEDULE 1S — Income Subtraction Modifications - See pages 21 and 22
For more information on Maine income modifications, visit maine.gov/revenue/tax-return-forms.
two years immediately following the year of the rollover. However, the
total amount subtracted over the three-year period may not exceed the
pick-up contributions previously taxed by Maine. 36 M.R.S. § 5122(2)(E).

Also include the taxpayer’s distributive share of subtraction modification
items from partnerships, S corporations, and other pass-through
entities. If you are a resident of Maine and have income taxed by
another state, you may be eligible for the Credit for Income Tax Paid to
Other Jurisdictions. See Form 1040ME, Schedule A, line 13.

Line 8. If your federal adjusted gross income is not more than $100,000
if single or married filing separately or $200,000 if married filing jointly,
qualifying surviving spouse, or head of household, enter up to $1,000,
per beneficiary, of contributions made to a Maine or non-Maine qualified
tuition program ("529 college savings plan"). 36 M.R.S. § 5122(2)(YY).

Line 1. If included in federal adjusted gross income, enter income from
direct obligations of the U.S. Government, such as Series EE and
Series HH Savings bonds and U.S. Treasury bills and notes. 36 M.R.S.
§ 5122(2)(A).

Line 9. Enter your share of a fiduciary adjustment (subtraction
modifications) relating to income from an estate or trust (36 M.R.S. §
5122(3)). Enclose a copy of the federal Schedule K-1.

Line 2. Enter the amount of any state or local income tax refund
included on federal Form 1040 or 1040-SR, Schedule 1, line 1. 36 M.R.S.
§ 5122(2)(F).

Line 10. Bonus Depreciation and Section 179 Recapture amounts
required to be added to income under 36 M.R.S. § 5122(1) may be
recaptured over the life of the applicable asset in accordance with 36
M.R.S. § 5122(2), paragraphs Q, AA, II, MM, NN, OO, and RR. Individual
owners of certain electing S corporations may be allowed bonus
depreciation recapture over the life of the applicable asset pursuant to
36 M.R.S. § 5122(2)(X). For more information and examples, visit maine.
gov/revenue/tax-return-forms (select Income Tax Guidance Documents).

Line 3. If included in federal adjusted gross income, enter the taxable
amount of social security benefits issued by the U.S. Government and
railroad retirement benefits (tier 1 and tier 2) and unemployment
and sick benefits issued by the U.S. Railroad Retirement Board. 36
M.R.S. § 5122(2)(C).
Line 4. Enter the pension income deduction from the Worksheet for
Pension Income Deduction, line P7. Include copies of your 1099 forms
to verify the subtraction. 36 M.R.S. § 5122(2)(M-2).

Line 11. Eligible registered caregivers, registered dispensaries, and
manufacturing facilities as defined by 22 M.R.S. § 2422 may claim a
deduction for expenses related to carrying on a medical cannabis
trade or business, in an amount equal to the deduction that would
otherwise be allowable for Maine purposes to the extent the deduction
was disallowed under Internal Revenue Code, Section 280E. Also enter
your registration number or business sales tax number. Enclose a copy
of a pro forma federal Schedule C or pro forma federal Form 1065 or
1120-S, including Schedules K and K-1, showing the calculation of the
expenses included on this line. 36 M.R.S. § 5122(2)(PP).

Line 5. Non-Maine active duty military pay received by a Maine
resident and military compensation received by a nonresident of
Maine. 36 M.R.S. § 5122(2)(LL).
Maine residents - If included in federal adjusted gross income and not
otherwise removed from Maine income, enter the amount of military
pay earned during the portion of the taxable year that you were a Maine
resident for service performed outside of Maine in compliance with written
military orders.
Military pay is compensation for: (1) active duty service in the active
components of the United States Army, Navy, Air Force, Marines,
Coast Guard, or Space Force if your permanent duty station during the
performance of such service was located outside of Maine; OR (2) active
duty service in the active or reserve components of the United States Army,
Navy, Air Force, Marines, Coast Guard, Space Force, or in the Maine
National Guard if such service was in support of a federal operational
mission or a declared state or federal disaster response when the orders
were either at federal direction or at the direction of the Governor of Maine.
Note: A “federal operational mission” is limited to activity in support of
overseas deployment and excludes standard duty activity, such as training
and administrative activities.

Line 12. Eligible adult use cannabis establishments and testing facilities
as defined by 28-B M.R.S. § 102 may claim a deduction for expenses
related to carrying on an adult use cannabis trade or business, in
an amount equal to the deduction that would otherwise be allowable
for Maine purposes to the extent the deduction was disallowed under
Internal Revenue Code, Section 280E. Also enter your registration
number or business sales tax number. Enclose a copy of a pro forma
federal Schedule C or pro forma federal Form 1065 or 1120-S, including
Schedules K and K-1, showing the calculation of the expenses included
on this line. 36 M.R.S. § 5122(2)(PP).
Line 13. Net operating loss (NOL) recapture. For Maine tax purposes,
taxpayers may, in years subsequent to the year of the loss, deduct
an amount equal to the net operating loss carried back for federal
tax purposes that was required to be added back to Maine income
under 36 M.R.S. §§ 5122(1)(H) and 5122(1)(M), except that this NOL
deduction was suspended for tax years beginning in 2009, 2010 and
2011. The carryover period for suspended NOL recapture subtraction
modifications is equal to the allowable federal NOL carryforward period
plus the number of years the subtraction modification was suspended.

Nonresidents - If included in federal adjusted gross income and not
otherwise removed from Maine income, enter the amount of military
compensation received during the portion of the taxable year that you
were a nonresident of Maine. 36 M.R.S. § 5142(7).
Line 6. Military annuity payments made to a survivor of a deceased
member of the military as a result of service in the active or reserve
components of the United States Army, Navy, Air Force, Marines,
Coast Guard, or Space Force, under a survivor benefit plan or reserve
component survivor benefit plan in accordance with 10 United States
Code, Chapter 73 are exempt from Maine individual income tax. The
deduction must exclude any amount included in the Maine pension
income deduction on Form 1040ME, Schedule 1S, line 4. 36 M.R.S. §
5122(2)(HH).

Also include on this line the amount of NOL carryforward resulting
from excess business losses not allowed to be claimed for Maine tax
purposes for a tax year beginning in 2018, 2019, or 2020 to the extent
the amount does not reduce Maine taxable income to less than zero,
has not been previously used to offset Maine taxable income, and is
not included in the calculation of any NOL carryback or carryforward for
federal tax purposes.

Line 7. Use this line only if you retired after 1988 and are receiving
retirement benefits from the Maine Public Employees Retirement
System (MainePERS). Subtract the amount in box 16 from the amount
in box 2a on Form 1099-R issued by MainePERS. Also enter on this line
MainePERS rollover amounts previously taxed by the state, whether or
not included in federal adjusted gross income. Rollover amounts may be
subtracted fully or in part during the tax year of the rollover. Any amount
not subtracted in the tax year of the rollover may be subtracted within the

Individual shareholders of an electing S corporation may also recapture an
NOL addition modification claimed by the entity in a year the corporation
was taxed as a C corporation. For more information on Maine’s treatment
of NOL’s, go to maine.gov/revenue/tax-return-forms (select Income Tax
Guidance Documents). 36 M.R.S. §§ 5122(2)(H), 5122(2)(P), 5122(2)
(V), 5122(2)(W), 5122(2)(CC), and 5122(2)(UU).
7

Line 14. FAME nonprofit student loan repayment program. An
individual taxpayer may claim, to the extent included in federal adjusted
gross income, the income subtraction modification for student loan
payments made directly to a lender on behalf of the taxpayer by a
student loan repayment program funded by a nonprofit foundation and
administered by the Finance Authority of Maine for residents of the
State employed by a business located in the state. 36 M.R.S. § 5122(2)
(XX).

Line 22. Income from depreciation recapture on the sale of multifamily affordable housing property. To the extent not otherwise
removed from Maine income, enter the total amount of capital gains and
ordinary income resulting from depreciation recapture in accordance
with Internal Revenue Code, Sections 1245 and 1250 realized on the
sale of multi-family affordable housing property certified by the Maine
State Housing Authority ("MaineHousing"). A copy of the MaineHousing
certificate must be attached to the return. 36 M.R.S. § 5122(2)(Z).

Line 15. Qualified health care student loan payments. A qualified
health care employee (generally, an individual who is licensed as a
registered nurse, practical nurse, osteopathic physician, or to practice
medicine or surgery and is employed by a hospital in Maine) may claim,
to the extent included in the employee’s federal adjusted gross income,
the income subtraction modification for student loan payments made by
an employer directly to the lender. 36 M.R.S. § 5122(2)(SS).

Line 23. Sale of eligible timberlands. A subtraction modification
is allowed on the Maine individual income tax return equal to the
applicable percentage of the gain from the sale of sustainably
managed, eligible timberlands that is included in federal adjusted
gross income. The modification may not reduce Maine taxable income
to less than zero; however, unused portions may be carried forward for
up to 10 years. Eligible timberlands must be held by the taxpayer for at
least 10 years beginning on or after January 1, 2005. Enclose with your
return a copy of the written statement from a licensed forester certifying
at the time of sale, the sustainably managed eligible timberlands. Use
lines 1) through 3) below to calculate the amount of the modification. 36
M.R.S. § 5122(2)(U).

Line 16. Municipal property tax benefits for senior citizens. A
municipality, by ordinance, may adopt a program that permits claimants
who are at least 60 years of age to earn benefits up to a maximum
$1,415 by volunteering to provide services to the municipality. The
amount of the benefits received during the tax year are exempt from
Maine individual income tax. Enter on this line the amount of volunteer
benefits you received, up to the maximum allowed, to the extent
included in federal adjusted gross income. 36 M.R.S. §§ 5122(2)(EE)
and 6232(1-A).

1)	 Enter the gain recognized on the sale of eligible
	
timberlands included in federal adjusted gross
	income................................................................$___________

Line 17. Family Development Account proceeds. Individuals whose
family income is below 200% of the poverty level may open a family
development account in connection with an approved community
development organization. Account balances and withdrawals are
exempt from Maine individual income tax to the extent included in federal
adjusted gross income. For more information, contact the University of
Maine. 20-A M.R.S. § 10983(4).

2)	
	
	
	

Enter the applicable percentage amount
shown below for the number of years the
eligible timberlands were held by the taxpayer
beginning on or after January 1, 2005................____________

	
	
	

If the number of years eligible timberlands
were held by the taxpayer since
January 1, 2005 is:
At least	 But less than	 Enter
10	 11	.0667
11	 12	.1333
12	 13	.2
13	 14	.2667
14	 15	.3333
15	 16	.4
16	 17	.4667
17	 18	.5333
18	 19	.6
19	 20	.6667

Line 18. Interest from Maine Municipal General Obligation Bonds,
Private Activity Bonds and Airport Authority Bonds. Enter on this
line interest from Maine municipal general obligation bonds, private
activity bonds, and bonds issued by a Maine airport authority included in
federal adjusted income. 30-A M.R.S. § 5772(9) and 6 M.R.S. § 179(10).
Line 19. A subtraction modification is allowed on the Maine individual
income tax return in an amount equal to the reduction in your salaries
and wages expense deduction directly related to claiming the federal
Work Opportunity Credit or Empowerment Zone Credit. These amounts
are reported on federal Form 5884, line 2 or federal Form 8844, line 2.
(Owners of pass-through entities, enter your share of the amount from
line 3 of these forms to the extent not included on line 2.). 36 M.R.S. §
5122(2)(B).

3)	 Multiply line 1 by line 2. Enter result on
	
Schedule 1S, line 23.........................................$____________

Line 20. Enter on this line the reduction in federal taxable income
related to vessel earnings from fishing operations that were
contributed to a capital construction fund. 36 M.R.S. § 5122(2)(I).
Enclose a copy of the federal Form 1040.

Line 24. Business interest deduction recapture. The amount
of business interest deduction previously disallowed for Maine tax
purposes and required to be added-back under 36 M.R.S. § 5122(1)
(NN) may be recaptured, up to 25% per taxable year, to the extent that
Maine taxable income is not reduced below zero and the amount has
not been previously used to reduce Maine taxable income. 36 M.R.S.
§ 5122(2)(VV).

Line 21. Income from ownership share in a financial institution.
Enter on this line all items of income, gain, interest, dividends, royalties,
and other items of income of a financial institution subject to the Maine
franchise tax that are included in your federal adjusted gross income due
to an ownership share in the financial institution that is a partnership,
S corporation, or entity disregarded as separate from its owner. Also
enter the employer identification number of the financial institution. 36
M.R.S. § 5122(2)(K).

Line 25. Enrolled tribal members in Maine. If the amount on Schedule
ETM, column C, line 5 is greater than zero, enter that amount on line 25.
Line 26. Other. See the 2024 Worksheet for Form 1040ME, Schedule
1S, line 26, Income Subtraction Modifications - Other Subtractions
available at maine.gov/revenue/tax-return-forms that lists the income
subtraction modifications that may be entered on this line. Unless
specifically stated, do not enter non-Maine income on this line.

8

SCHEDULE A — Maine Tax Adjustments - See page 25
Tax Credit Worksheets Required. For more information on all tax credits and related worksheets, visit maine.gov/revenue/tax-return-forms (select
Worksheets for Tax Credits). You must complete and attach the applicable tax credit worksheet for each tax credit claimed.
Nonresidents and Safe Harbor Residents only: Personal credits included on Form 1040ME, Schedule A, lines 1, 2, 3, 4, 5, 9, 10, 11, 12, 13,
and 19 are limited to the Maine residency period or prorated based on the ratio of Maine income to total income. Tax credits included on Form
1040ME, Schedule A, lines 14 through 19 may be claimed in their entirety, up to the Maine tax liability. Carryover provisions may apply.
SECTION 1 - REFUNDABLE CREDITS:

SECTION 2 - NONREFUNDABLE CREDITS:

Line 1. Refundable portion of the Dependent Exemption Tax Credit.
For Maine residents and part-year residents only. Multiply the amount
on Form 1040ME, line 13a by $300. CAUTION: Your credit may be limited
if the amount on Form 1040ME, line 16 is more than $200,000 ($400,000
if married filing jointly) OR if you are a part-year resident. Complete the
Worksheet for Dependent Exemption tax Credit. Enclose worksheet. 36
M.R.S. § 5219-SS.

Line 9. Nonrefundable Dependent Exemption Tax Credit. For
nonresidents only. See the instructions for line 1 above. Enter the
amount from line 9 of the worksheet for Dependent Exemption Tax Credit.
Enclose worksheet. 36 M.R.S. § 5219-SS.

Special instructions for lines 1 and 9. If you have one or more qualifying
children and/or dependents for whom you are eligible to claim the federal
child tax credit or credit for other dependents under Internal Revenue
Code, Section 24, but are not otherwise required to file a federal income
tax return, you may be able to claim the Maine dependent exemption tax
credit. To determine if you can claim the Maine credit, see “Who Qualifies
as Your Dependent” in the federal Form 1040 instructions, complete a
pro forma federal Form 1040 and federal Form 8812, and enclose with
your completed Form 1040ME, Schedule A, and the Worksheet for
Dependent Exemption Tax Credit. The federal forms and instructions
are available at irs.gov.

Line 11. Nonrefundable portion of the Adult Dependent Care Credit.
Enter the amount from line 8, or line 8a, of the worksheet for Adult
Dependent Care Credit. Enclose worksheet. 36 M.R.S. § 5218-A.

Line 10. Nonrefundable portion of the Child Care Credit. Enter the
amount from line 6, or line 6a, of the worksheet for Child Care Credit.
Enclose worksheet. 36 M.R.S. § 5218.

Line 12. Nonrefundable Earned Income Tax Credit. For nonresidents
only. See the instructions for line 4 above. Enter the amount from line
4 of the worksheet for Earned Income Tax Credit. Enclose worksheet.
36 M.R.S. § 5219-S.
Line 13. Credit for Income Tax Paid to Other Jurisdictions. Enter the
amount from line 5 of the worksheet for Credit for Income Tax Paid to
Other Jurisdictions. Enclose worksheet(s). 36 M.R.S. § 5217-A.

Line 2. Refundable portion of the Child Care Credit. For Maine
residents and part-year residents only. Up to $500 of your Child
Care Credit is refundable. Enter the amount from line 5, or line 5a, of the
worksheet for Child Care Credit. Enclose worksheet. 36 M.R.S. § 5218.

Line 14. Maine Seed Capital Credit. If you invested in a qualified
Maine business of which you are not a principal owner, you may qualify
for a credit through the Finance Authority of Maine. Enclose worksheet.
36 M.R.S. § 5216-B.

Line 3. Refundable portion of the Adult Dependent Care Credit. Up
to $500 of your credit may be refundable. Enter the amount from line 7,
or line 7a, of the worksheet for Adult Dependent Care Credit. Enclose
worksheet. 36 M.R.S. § 5218-A.

Line 15. Maine Capital Investment Credit. If your business placed
depreciable property in service in Maine for which federal bonus
depreciation was claimed, you may qualify for this credit. Enclose
worksheet. 36 M.R.S. § 5219-NN.

Line 4. Refundable Earned Income Tax Credit. For Maine residents
and part-year residents only. Your Maine earned income tax credit is
refundable. Enter the amount from line 2, 3, or 4 of the worksheet for
Earned Income Tax Credit, whichever is applicable. 36 M.R.S. § 5219-S.

Line 16. Research Expense Tax Credit. If your business invested in
research, you may qualify for this credit for your portion of the expenses.
Enclose worksheet. 36 M.R.S. § 5219-K.
Line 17. Carryforward of Certain Credits. Enter on this line unused
portions of the following credits carried forward from prior years: •
Maine Minimum Tax Credit • Employer credits for payment of employee
expenses (long-term care insurance, day care expenses) • “Step
4 / Star 5” Quality Child Care Investment Tax Credit • Tax Credit for
Certain Homestead Modifications. Enclose worksheet(s) or supporting
documentation for each credit claimed.

Taxpayers at least age 18: If you or your spouse (if married filing a
joint return) was at least age 18 as of the last day of the tax year, had
no qualifying child(ren) during the tax year, and would have otherwise
qualified for the federal earned income credit (EIC), you may be able to
claim the Maine earned income tax credit even if you were not eligible
to claim the federal credit.
Taxpayers filing with an IRS issued individual taxpayer identification
number (ITIN): If you or your spouse (if married filing a joint return)
filed a federal income tax return using an ITIN assigned by the IRS on
or before the due date for filing the return, and would have otherwise
qualified for the federal EIC, you may be able to claim the Maine earned
income tax credit even if you were not eligible to claim the federal credit.
To determine if you can claim the Maine earned income tax credit, see the
Earned Income Tax Credit Worksheet available at maine.gov/revenue/
tax-return-forms. Enclose worksheet.

Line 18. Pine Tree Development Zone Credits. If you expanded
your business in Maine, you may qualify for this credit certified through
the Department of Economic and Community Development. Enclose
worksheet. 36 M.R.S. § 5219-W.
Line 19. Other Nonrefundable Tax Credits. See line 17 of Form
1040ME, Schedule A, Lines 7 and 19, Other Tax Credits Worksheet
for Tax Year 2024 at maine.gov/revenue/tax-return-forms that lists
the tax credits that may be entered on this line. Enclose applicable
worksheet(s).

Line 5. Student Loan Repayment Tax Credit. Graduates of accredited
colleges and universities who have obtained an associate, bachelor’s,
or graduate degree may qualify for a refundable credit based on certain
loan payments made in 2024. Enclose worksheet. 36 M.R.S. § 5217-E.
Line 6. Rehabilitation of historic properties after 2007. If you have
qualified rehabilitation expenditures associated with a historic structure
located in Maine that is placed in service during the tax year, you may
qualify for this credit. Enclose worksheet. 36 M.R.S. § 5219-BB.
Line 7. Other Refundable Tax Credits. See line 5 of Form 1040ME,
Schedule A, Lines 7 and 19, Other Tax Credits Worksheet for Tax Year
2024 at maine.gov/revenue/tax-return-forms that lists the tax credits that
may be entered on this line. Enclose applicable worksheet(s).

9

PROPERTY TAX FAIRNESS CREDIT
(Form 1040ME, line 25d)

You may qualify for the refundable Property Tax Fairness Credit up to $1,000 ($2,000 if you are 65 years of age or older)* if you meet
all of the following:
•	 You were a Maine resident during any part of the tax year;
•	 You owned or rented a home in Maine during any part of the tax year and lived in that home as your principal residence during
the year;
•	 Your total income during 2024 was less than the amount shown in the table below for your filing status and the number of
qualifying children and dependents on Form 1040ME, line 13a (OR, less than $100,000 if you are 65 years of age or older):
If your Filing Status is:

Form 1040ME, line 13a is:

AND



0

1

OR

OR

more than 1

Your income must be less than:

Single

$61,250

$61,250

$61,250

Head of Household

$80,000

$80,000

$97,500

Married filing Jointly or
Qualifying surviving spouse

$80,000

$97,500

$97,500

•	 You paid property tax on your home (principal residence) in Maine during the tax year that is greater than 4% of your total income
or you paid rent on your home (principal residence) in Maine during the tax year that is greater than 26.67% of your total income.
		
Note: The amount of property tax or rent you can include may be limited. See line 8 on Schedule PTFC/STFC.
•	 Your filing status is single, head of household, married filing jointly, or qualifying surviving spouse.

*If you or your spouse, if married, are a veteran of the United States Armed Forces who is rated 100% permanently and totally disabled
as a result of one or more service-connected disabilities by the United States Department of Veterans Affairs, you may be eligible for a
refundable property tax fairness credit up to $2,000 ($4,000 if you are 65 years of age or older).
	Note: You cannot take the Property Tax Fairness Credit if your filing status is married filing separately.
See Schedule PTFC/STFC for more information.

SALES TAX FAIRNESS CREDIT
(Form 1040ME, line 25e)

You may qualify for the refundable Sales Tax Fairness Credit up to $270, depending on the number of qualifying children and
dependents on Form 1040ME, line 13a, if you meet all of the following:
•	 You were a Maine resident during any part of the tax year;
•	 Your total income during 2024 was not more than $31,750 if filing single; $49,850 if filing head of household; or, $62,500 if
married filing jointly;
•	 Your filing status is single, head of household, married filing jointly, or qualifying surviving spouse.
	Note: You cannot take the Sales Tax Fairness Credit if your filing status is married filing separately or if you are claimed as a
dependent on another person’s return.
See Schedule PTFC/STFC for more information.

2024 Tax Year Quick Facts
●	Maine personal exemption amount: $5,000.

●	 Sales Tax Fairness Credit maximum income limitation: $31,750
single; $49,850 head of household; or, $62,500 married filing jointly
or qualifying surviving spouse. See Schedule PTFC/STFC for more
information. Married taxpayers filing separate tax returns do not
qualify for the credit.

●	 Maine standard deduction base amounts:
•	 $14,600 single or married filing separately;
•	 $21,900 head of household;
•	 $29,200 married filing jointly or qualifying surviving spouse.

●	 Child and dependent care credit is refundable for Maine residents and
part-year residents, up to $500.

●	 Maine itemized deductions are limited to $35,250, except medical
expenses are not subject to the limit.
•	 Use Form 1040ME, Schedule 2 to claim Maine itemized deductions.

●	 Adult dependent care credit is refundable for Maine residents and
part-year residents, up to $500.

●	 To report income that is taxable in Maine but not by the federal
government (income addition modifications), use Form 1040ME,
Schedule 1A. To report income that is taxable by the federal
government but not in Maine (income subtraction modifications),
use Form 1040ME, Schedule 1S.

●	 Earned income tax credit is refundable for Maine residents and partyear residents.
●	 Dependent exemption tax credit is refundable for Maine residents and
part-year residents, up to $300 for each qualifying child or dependent,
subject to phaseout.

●	 Property Tax Fairness Credit maximum income limitation: $61,250
if single; $97,500 if head of household or married filing jointly or
qualifying surviving spouse; or, $100,000 if 65 years of age or older.
See Schedule PTFC/STFC for more information. Married taxpayers
filing separate tax returns do not qualify for the credit.

● Student loan repayment tax credit is available for qualified individuals
who have obtained an associate, bachelor's, or graduate degree from
an accredited Maine or non-Maine college after 2007 and have made
eligible education loan payments.
10

2024 MAINE INCOME TAX TABLE
If Line 19 Form
1040ME is:
At
Least

But
Less
Than

And Your Filing
Status is:
Single or Married Head
MarriedFiling
of
Filing
Jointly* HouseSeparately
hold

Your Tax is:
0	
50	 0	0	0
50	 100	 3	3	3
100	 200	 9	9	9
200	 300	 15	15	15
300	 400	 20	20	20
400	 500	 26	26	26
500	 600	 32	32	32
600	 700	 38	38	38
700	 800	 44	44	44
800	 900	 49	49	49
900	1,000	 55	55	55
1,000
1,000	
1,100	 61	61	61
1,100	
1,200	 67	67	67
1,200	
1,300	 73	73	73
1,300	
1,400	 78	78	78
1,400	
1,500	 84	84	84
1,500	
1,600	 90	90	90
1,600	
1,700	 96	96	96
1,700	1,800	 102	102	102
1,800	1,900	 107	107	107
1,900	
2,000	 113	113	113
2,000
2,000	
2,100	 119	119	119
2,100	2,200	 125	125	125
2,200	2,300	 131	131	131
2,300	2,400	 136	136	136
2,400	2,500	 142	142	142
2,500	2,600	 148	148	148
2,600	2,700	 154	154	154
2,700	2,800	 160	160	160
2,800	2,900	 165	165	165
2,900	3,000	 171	171	171
3,000
3,000	3,100	 177	177	177
3,100	3,200	 183	183	183
3,200	3,300	 189	189	189
3,300	3,400	 194	194	194
3,400	3,500	 200	200	200
3,500	3,600	 206	206	206
3,600	3,700	 212	212	212
3,700	3,800	 218	218	218
3,800	3,900	 223	223	223
3,900	4,000	 229	229	229
4,000
4,000	4,100	 235	235	235
4,100	4,200	 241	241	241
4,200	4,300	 247	247	247
4,300	4,400	 252	252	252
4,400	4,500	 258	258	258
4,500	4,600	 264	264	264
4,600	4,700	 270	270	270
4,700	4,800	 276	276	276
4,800	4,900	 281	281	281
4,900	5,000	 287	287	287
5,000
5,000	5,100	 293	293	293
5,100	5,200	 299	299	299
5,200	5,300	 305	305	305
5,300	5,400	 310	310	310
5,400	5,500	 316	316	316
5,500	5,600	 322	322	322
5,600	5,700	 328	328	328
5,700	5,800	 334	334	334
5,800	5,900	 339	339	339
5,900	6,000	 345	345	345
6,000
6,000	6,100	 351	351	351
6,100	6,200	 357	357	357
6,200	6,300	 363	363	363
6,300	6,400	 368	368	368
6,400	6,500	 374	374	374
6,500	6,600	 380	380	380
6,600	6,700	 386	386	386
6,700	6,800	 392	392	392
6,800	6,900	 397	397	397
6,900	7,000	 403	403	403

If Line 19 Form
1040ME is:
At
Least

But
Less
Than

And Your Filing
Status is:
Single or Married Head
MarriedFiling
of
Filing
Jointly* HouseSeparately
hold

Your Tax is:
7,000
7,000	7,100	 409	409	409
7,100	7,200	 415	415	415
7,200	7,300	 421	421	421
7,300	7,400	 426	426	426
7,400	7,500	 432	432	432
7,500	7,600	 438	438	438
7,600	7,700	 444	444	444
7,700	7,800	 450	450	450
7,800	7,900	 455	455	455
7,900	8,000	 461	461	461
8,000
8,000	8,100	 467	467	467
8,100	8,200	 473	473	473
8,200	8,300	 479	479	479
8,300	8,400	 484	484	484
8,400	8,500	 490	490	490
8,500	8,600	 496	496	496
8,600	8,700	 502	502	502
8,700	8,800	 508	508	508
8,800	8,900	 513	513	513
8,900	9,000	 519	519	519
9,000
9,000	9,100	 525	525	525
9,100	9,200	 531	531	531
9,200	9,300	 537	537	537
9,300	9,400	 542	542	542
9,400	9,500	 548	548	548
9,500	9,600	 554	554	554
9,600	9,700	 560	560	560
9,700	9,800	 566	566	566
9,800	9,900	 571	571	571
9,900	
10,000	 577	577	577
10,000
10,000	
10,100	 583	583	583
10,100	
10,200	 589	589	589
10,200	
10,300	 595	595	595
10,300	
10,400	 600	600	600
10,400	
10,500	 606	606	606
10,500	
10,600	 612	612	612
10,600	
10,700	 618	618	618
10,700	
10,800	 624	624	624
10,800	
10,900	 629	629	629
10,900	
11,000	 635	635	635
11,000
11,000	
11,100	 641	641	641
11,100	
11,200	 647	647	647
11,200	
11,300	 653	653	653
11,300	
11,400	 658	658	658
11,400	
11,500	 664	664	664
11,500	
11,600	 670	670	670
11,600	
11,700	 676	676	676
11,700	
11,800	 682	682	682
11,800	
11,900	 687	687	687
11,900	
12,000	 693	693	693
12,000
12,000	
12,100	 699	699	699
12,100	
12,200	 705	705	705
12,200	
12,300	 711	711	711
12,300	
12,400	 716	716	716
12,400	
12,500	 722	722	722
12,500	
12,600	 728	728	728
12,600	
12,700	 734	734	734
12,700	
12,800	 740	740	740
12,800	
12,900	 745	745	745
12,900	
13,000	 751	751	751
13,000
13,000	
13,100	 757	757	757
13,100	
13,200	 763	763	763
13,200	
13,300	 769	769	769
13,300	
13,400	 774	774	774
13,400	
13,500	 780	780	780
13,500	
13,600	 786	786	786
13,600	
13,700	 792	792	792
13,700	
13,800	 798	798	798
13,800	
13,900	 803	803	803
13,900	
14,000	 809	809	809

If Line 19 Form
1040ME is:
At
Least

But
Less
Than

And Your Filing
Status is:
Single or Married Head
MarriedFiling
of
Filing
Jointly* HouseSeparately
hold

Your Tax is:
14,000
14,000	
14,100	 815	815	815
14,100	
14,200	 821	821	821
14,200	
14,300	 827	827	827
14,300	
14,400	 832	832	832
14,400	
14,500	 838	838	838
14,500	
14,600	 844	844	844
14,600	
14,700	 850	850	850
14,700	
14,800	 856	856	856
14,800	
14,900	 861	861	861
14,900	
15,000	 867	867	867
15,000
15,000	
15,100	 873	873	873
15,100	
15,200	 879	879	879
15,200	
15,300	 885	885	885
15,300	
15,400	 890	890	890
15,400	
15,500	 896	896	896
15,500	
15,600	 902	902	902
15,600	
15,700	 908	908	908
15,700	
15,800	 914	914	914
15,800	
15,900	 919	919	919
15,900	
16,000	 925	925	925
16,000
16,000	
16,100	 931	931	931
16,100	
16,200	 937	937	937
16,200	
16,300	 943	943	943
16,300	
16,400	 948	948	948
16,400	
16,500	 954	954	954
16,500	
16,600	 960	960	960
16,600	
16,700	 966	966	966
16,700	
16,800	 972	972	972
16,800	
16,900	 977	977	977
16,900	
17,000	 983	983	983
17,000
17,000	
17,100	 989	989	989
17,100	
17,200	 995	995	995
17,200	
17,300	 1,001	1,001	1,001
17,300	
17,400	 1,006	1,006	1,006
17,400	
17,500	 1,012	1,012	1,012
17,500	
17,600	 1,018	1,018	1,018
17,600	
17,700	 1,024	1,024	1,024
17,700	
17,800	 1,030	1,030	1,030
17,800	
17,900	 1,035	1,035	1,035
17,900