Earned income credit in Maine
Varies
Does Maine Have an Earned Income Tax Credit?
Short answer: Yes: Maine offers the Maine Earned Income Credit, 25% of the federal EITC with qualifying children; 50% without qualifying children (refundable). ITIN filers eligible; workers without children eligible from age 18. Refundable for residents and part-year residents only; for nonresidents it can only reduce tax owed.
Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Earned income credit in Maine
Varies
Individuals / Personal Taxes
Yes: Maine offers the Maine Earned Income Credit, 25% of the federal EITC with qualifying children; 50% without qualifying children (refundable). ITIN filers eligible; workers without children eligible from age 18. Refundable for residents and part-year residents only; for nonresidents it can only reduce tax owed.
Business justification
Yes: Maine offers the Maine Earned Income Credit, 25% of the federal EITC with qualifying children; 50% without qualifying children (refundable). ITIN filers eligible; workers without children eligible from age 18. Refundable for residents and part-year residents only; for nonresidents it can only reduce tax owed. Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Category
- Personal Tax Deductions