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).

The refundable Maine (EIC) is available to Maine residents and part-year residents who properly claim the federal earned income tax credit on federal Form 1040 or Form 1040-SR or who are otherwise eligible to claim the federal credit except that they had no qualifying child(ren) during the tax year, and were at least age 18 but under age 25 as of the last day of the tax year.

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.

The Maine Sales Tax Fairness Credit is a refundable income tax credit for eligible Maine residents.

Taxpayer Programs

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.