Maine Revenue Services: Estate Tax FAQ Detail

20. I am completing a Maine estate tax return (Form 706ME) and Federal and Maine fiduciary income tax returns (Forms 1041 and 1041ME) for a gap estate (taxable to Maine, but not federally). How do I report the administrative expenses?

Maine law requires that if administrative expenses under IRC section 642(g) are claimed on a federal fiduciary income tax return and also on a Maine estate tax return, those expenses must be added back to income for purposes of the Maine fiduciary return. See 36 MRSA section 5122(1)(Y).

(Rev. 1/10/08)

Bureau Information

20. I am completing a Maine estate tax return (Form 706ME) and Federal and Maine fiduciary income tax returns (Forms 1041 and 1041ME) for a gap estate (taxable to Maine, but not federally). How do I report the administrative expenses?