Tax Relief

Maine Revenue Services administers several programs aimed at providing eligible Maine taxpayers with tax relief.

 

Income/Estate Tax Division

Credits & Programs

Income Tax Credits

For a complete list of all income tax credits, see Form 1040ME, Schedule A (Form 1040ME), Form 1120ME,and Schedule C (Form 1120ME).

• All Tax Credit Worksheets

• Adult Dependent Care Credit

• Child Care Credit

• Earned Income Tax Credit

• Educational Opportunity Tax Credit for Individuals & Employers

• Maine Residents Property Tax Fairness Credit

Individual income tax credit which provides a partial refund of property tax and/or rent paid during the tax year to eligible Maine residents and part-year residents.

• Sales Tax Fairness Credit

• New Markets Capital Investment Program (offsite)

• Credit for Rehabilitation of Historic Properties (offsite)

Taxpayer Programs

• Employment Tax Increment Financing ("ETIF") (offsite)

Note: This link leads to the Department of Economic and Community Development website.

Qualified businesses may receive reimbursement of up to 80% of Maine income taxes withheld for employees under an approved ETIF program for up to 10 years.

 

Property Tax Programs

Business Equipment Tax Exemption ("BETE") Program

Apply for an exemption of personal property taxes on eligible business equipment.

Business Equipment Tax Reimbursement ("BETR") Program

Get a rebate of personal property tax paid on eligible business equipment.

Homestead Exemption

Veteran Exemption

• Widow, Widower, Minor Child or Widowed Parent of a Veteran

Blind Persons Exemption

Tree Growth

Farmland

Open Space Land

For more information on other property tax relief options, visit the Property Tax applications page.

 

Multiple Taxes

Pine Tree Development Zone ("PTDZ") Program

Qualified businesses may be eligible for income tax, employee tax withheld and sales tax benefits, plus more!