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  • Maine Form 706me

Get Maine Form 706me

As a result 2009 federal pro forma Form 706 must be completed in order to complete Maine Form 706ME for deaths occurring in 2010. Line references to the federal form on Maine Form 706ME and in the Maine instructions refer to the 2009 federal pro forma Form 706. O. Box 1065 Augusta Maine 04332-1065. Please write the decedent s name/social security number and Form 706ME on the check to ensure proper credit. MAINE ESTATE TAX RETURN FORM 706ME FOR ES.

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FORM 706ME - Maine.gov
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The personal exemption for tax year 2023 remains at 0, as it was for 2022, this elimination of the personal exemption was a provision in the Tax Cuts and Jobs Act.

Since Maine is not a state that imposes an inheritance tax, the inheritance tax in 2023 is 0% (zero). As a result, you won't owe Maine inheritance taxes.

Maine Estate Tax Exemption The estate tax threshold for Maine is $6.01 million in 2022 and $6.41 million in 2023. If your estate is worth less than that, Maine won't charge estate tax on it.

The Minnesota estate tax exemption remains the same. The Minnesota estate tax exemption for 2023 is $3,000,000 per individual, or $6,000,000 for a married couple. Tax rates range from 13 percent to 16 percent in 2023, with the top rate being applied to the amount of the taxable estate over $10.1 million.

States with Inheritance Tax 2023. There are 6 states with an inheritance tax: Iowa, Kentucky, Maryland, Nebraska, New Jersey and Pennsylvania.

Applying the most recent 8.5% inflation rate, the year 2024 federal estate and gift tax exemption becomes roughly $14,197,333 per person. This becomes $28,394,666 for a married couple.

If a federal Form 706 is required, then a Maine estate tax return (Form 706ME) is also required if (1) the decedent was a Maine resident at the time of death or (2) the decedent was a nonresident and owned real and/or tangible personal property located in Maine at the time of death.

For decedents dying on or after January 1, 2013, Maine imposes a tax on estates based on the value of the Maine taxable estate, even if there is no federal estate tax.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232