Maine allows the following credits to be claimed on your state tax return:
Earned Income Tax Credit
The earned income tax credit is refundable for Maine residents. The refundable credit is prorated for part-year residents. This credit is calculated automatically within the program.
Child and Dependent Care Credit
The credit for child and dependent care expenses is no longer refundable for nonresident taxpayers. Resident and part-year residents may claim up to a $500 refundable credit for child care.
Adult Dependent Care Credit
The credit is refundable up to $500.
Credit for Taxes Paid to Another State
You may qualify for a credit for income earned outside of Maine that is taxed on both the Maine return and the other state return.
The program will automatically calculate this credit for your Resident Maine return if you have a Nonresident return created in your account. If you have a Part-Year return created, you will need to manually input the information asked in the Maine state return.
Property Tax Fairness Credit
Eligible Maine taxpayers may qualify for a refundable Property Tax Fairness Credit up to $1,000 or $2,000 if you are older than 65 years of age.
Married individuals filing separate returns are prohibited from claiming the credit.
Student Loan Repayment Tax Credit
Graduates of accredited colleges and universities may qualify for a refundable credit based on certain loan payments made in 2024.
Rehabilitation of Historic Properties After 2007
You may qualify for a credit if you have qualified rehabilitation expenditures associated with a historic structure in Main and placed in service during the tax year.
Maine Seed Capital Credit
If you invested in a qualified Maine business of which you are not a principal owner, you may qualify for a credit.
Maine Capital Investment Credit
You may qualify for a credit if your business placed depreciable property in service in Maine for which federal bonus depreciation was claimed.
Research Expense Tax Credit
You may qualify for a credit for your portion of expenses if your business invested in research.
Pine Tree Development Zone Credit
If you expanded your business in Maine, you may qualify for a credit certified through the Department of Economic and Community Development.
Employer Credit for Family and Medical Leave
An employer that claimed the federal credit for employer-paid family and medical leave under Internal Revenue Code, Section 45S as a result of wages paid to employees based in Maine during the taxable year may qualify for this credit.
Employer Credit for Volunteer Firefighters and Volunteer EMS Persons
An employer that permits employees who are volunteer firefighters or volunteer municipal
emergency medical services persons to be absent from work for firefighting or emergency response activities without a reduction in pay may qualify for this credit.
Sales Tax Fairness Credit
You may qualify for a refundable Sales Tax Fairness Credit up to $270, depending on the number of qualifying children and dependents, if you meet all of the following:
• You were a Maine resident during any part of the tax year;
• Your total income during 2024 was not more than $31,750 if filing single; $49,850 if filing head of household; or, $62,500 if married filing jointly;
• Your filing status is single, head of household, married filing jointly, or qualifying widow(er).
Note: you cannot take the Sales Tax Fairness Credit if your filing status is married filing separately or if you are claimed as a dependent on another person's return.
If you qualify for the Sales Tax Fairness Credit by meeting the requirements stated above, the program will automatically calculate your credit and apply it to your return.
Other Credits
- Accessible Home Tax Credit - for qualified expenses to modify a home to make accessible to an individual with a disability or physical hardship. Note: Beginning in tax year 2024, the credit for certain homestead modifications is repealed but, you may still carryforward unused portions of the credits from a prior year.
- Credit for Disability Income Protection Plans in the Workplace - for employers that provide either a short or long term disability income protection plan
- Dental Care Access Credit -for individuals certified as eligible dentists with the Department of Health and Human Services
- Primary Care Access Credit - for individuals certified as primary health care professionals by the Department of Health and Human Services
- Dual Residence Tax Credit - for individuals that are considered residents of more than one state
- Affordable Housing Tax Credit- may be claimed by a taxpayer receiving a tax credit certificate for the taxable year from the Maine State Housing Authority for an affordable housing project in Maine
- New Markets Capital Investment Tax Credit- may be claimed by a taxpayer that holds a qualified equity investment certificate
- Credit for Major Food Processing and Manufacturing Facility Expansion- may be claimed by a qualified applicant certified by the Department of Economic and Community Development
- Credit for Paper Manufacturing Facility Investment- may be claimed by a qualified applicant certified by the Department of Economic and Community Development
- Certified Visual Media Production Credit- may be claimed if your business produced a movie or other type of media production, certified through the Department of Economic and Community Development
- Wellness Programs Credit- may be claimed by employers with 20 or fewer employees that incurred expenses for developing, instituting, and maintaining a wellness program
- Access To Justice Credit- may be claimed by individuals certified as eligible attorneys by the Supreme Judicial Court to provide services in underserved areas
- Biofuel Production Tax Credit- may be claimed by taxpayers engaged in the production of certified biofuel in Maine
- Renewable Chemicals Tax Credit- may be claimed by taxpayers engaged in the production of renewable chemicals in Maine
Program Entry
- State section
- Edit Maine state return
- Credits
For more information, see the Maine Instructions.