Skip First Level Navigation | Skip All Navigation
![]() |
| Home | Contact Us | Electronic Services | Forms & Publications | Laws & Rules |
Bureau Information
|
Home > FAQ's > Form 1099 FAQ's > FAQ Detail 05. What is an "overpayment"?
The term “overpayment” as it relates to Maine income taxes is used to describe the amount by which your tax payments for the year exceed the tax due for the year. An overpayment may include amounts that were refunded to you, interest paid to you, amounts that were carried forward to next year’s tax, amounts that were offset to cover other outstanding debts you may owe, and amounts you paid for use tax, voluntary contributions and park pass purchases. Maine Revenue Services is required to report the total amount of overpayment regardless of what it was used for.
|
| Copyright © 2005 All rights reserved. |