Get ME REW-1-1040 2017

Anyone who is a resident of Maine for any part of the tax year, and has taxable Maine-source income, must file a Maine return. Anyone who is not a resident of Maine, but performs personal services in Maine for more than 12 days and earns more than $3,000 of income from all Maine sources, must file a Maine return.

Anyone who is a resident of Maine for any part of the tax year, and has taxable Maine-source income, must file a Maine return. ... Part-year residents, nonresidents and "safe harbor" residents must file a Maine return based on their total federal adjusted gross income.

If you earned less than $2,000 last year, you are exempt from the Maine Minimum Tax and you claimed yourself as a dependent you are not required to file a state return. Maine residents file Form 1040-ME or Form 1040S.

Maine Income Taxes and ME State Tax Forms. Maine State Income Tax Return forms for Tax Year 2018 (Jan. 1 - Dec. 31, 2018) can be e-Filed in conjunction with an IRS Income Tax Return until October 15, 2019. In January 2020, you can e-File Tax Year 2019.

Maine has a progressive tax system with the 10th highest top marginal tax rate at 7.15%. The state sales tax is among the lowest in the country and there are no additional local sales taxes collected throughout the state. ... Use our Retirement Income Tax Calculator.

No. Social Security is exempt from taxation in Maine but other forms of retirement income are not. Seniors who receive retirement income from a 401(k), an IRA or a pension will pay tax rates as high as 7.15%. ... In the past few years, Maine has changed its estate tax exemption to mirror the federal exemption.

Maine State Income Tax Return forms for Tax Year 2018 (Jan. 1 - Dec. 31, 2018) can be e-Filed in conjunction with an IRS Income Tax Return until October 15, 2019. In January 2020, you can e-File Tax Year 2019.

For most taxpayers, that'll be your return for the 2019 tax year which, by the way, will be due on April 15, 2020. The 2019 tax rates themselves are the same as the tax rates in effect for the 2018 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%.

The 2019 tax rates themselves are the same as the tax rates in effect for the 2018 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%.

The government has an objective to raise the Personal Allowance to £12,500, and the higher rate threshold to £50,000 by 2020 to 2021. This measure will increase the Personal Allowance for 2019 to 2020 to £12,500, and the basic rate limit will be increased to £37,500 for 2019 to 2020.

The current capital gains tax rates under the new 2018 tax law are zero, 15 percent and 20 percent, depending on your income. The 2018 capital gains tax rate is holding steady through 2019, but the income required for each rate has changed.

In 2019, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (Tables 1). The top marginal income tax rate of 37 percent will hit taxpayers with taxable income of $510,300 and higher for single filers and $612,350 and higher for married couples filing jointly.

The state income tax in Maine is based on just three brackets. Earners with incomes landing in the bottom bracket pay a rate of 5.8%. Meanwhile top earners face a rate of 7.15%. The table below shows the tax brackets and rates for all filing statuses in Maine.

Maine income tax rates With Maine's progressive income tax code, tax rates rise as income increases. But with three separate tax rate schedules and rates, ranging from 5.8% to 7.15% based on your filing status and taxable income, it can take a bit of work to calculate what you owe the state.

Maine income tax rates With Maine's progressive income tax code, tax rates rise as income increases. But with three separate tax rate schedules and rates, ranging from 5.8% to 7.15% based on your filing status and taxable income, it can take a bit of work to calculate what you owe the state.