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  • Me 941p-me Instructions 2023

Get Me 941p-me Instructions 2023-2025

2023Maine Revenue Services (MRS) Maine Income Tax Withholding for Passthrough EntitiesForm 941PME Due March 15, 2024Stay current with the latest tax news and information. Subscribe to the online Maine.

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Partnership and S-Corporation - Maine allows an automatic six-month extension of time to file if a federal extension has been granted. If any pass-through entity withholding is due, however, that amount must be paid by March 15.

Partnerships, and S corporations (including LLCs classified as partnerships or S corporations) filing federal Form 1065 or 1120S that do business in Maine or that have resident partners or shareholders must file. S corporations that have federal taxable income must also file Form 1120ME.

Composite Returns A partnership or S corporation subject to withholding requirements may elect to file a composite tax return to include all the Maine-source income of nonresident partners/shareholders on one Maine income tax return.

A partnership must file an annual information return to report the income, deductions, gains, losses, etc., from its operations, but it does not pay income tax. Instead, it "passes through" profits or losses to its partners.

Paying State Income Tax in Maine Go to: https://.maine.gov/revenue/. Hover over "Electronic Services" and navigate to "EZ Pay". You will be redirected to a secure payment portal. Log in or register, then click "Make a Payment" at the bottom of the screen.

Partnerships are considered pass-through entities, meaning the owners of Maine partnerships pay taxes on the business revenue using their personal tax returns. The partnership itself files no tax return, but some types are required to file an annual report.

Part-year residents, nonresidents and safe harbor residents must file a Maine return based on their total federal adjusted gross income. Your tax liability is first calculated as if you were a resident of Maine for the entire year.

Unless modified pursuant to this rule or by the Assessor, either by ruling on a specific request or in published instructions, a pass-through entity must withhold Maine income tax from nonresident members' Maine-source member income at the rate of 8.93% in the case of a nonresident member taxed as a corporation.

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© Copyright 1997-2025
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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