Maine Earned Income Tax Credit
Maine has officially established a refundable Earned Income Tax Credit (EITC), which is a significant tax policy for low- to moderate-income workers in the state.
For years, Maine’s EITC remains one of the smallest in the nation at 12 percent. The recent EITC expansion increased the state EITC from 12 percent to 25 percent for earners with children.
For filers who are 18 to 24 years of age with no qualifying children, the credit is set at 50 percent.
FAQ
How much is Maine Earned Income Credit?
| NO. OF CHILD | EITC |
|---|---|
| 0 | $325 |
| 1 | $1,082 |
| 2 | $1,788 |
| 3 or more | $2,012 |
Can I get a refund if I owe no tax in Maine?
If your Maine EITC is $2,012 and you owe $1,000 in state income tax, the credit cancels your tax bill and you receive the remaining $1,012 as a refund as illustrated in the table below:
| Sample Calculation | Amount |
|---|---|
| Maine EITC | $2,012 |
| Tax Owed | $1,000 |
| Refundable Credit | $1,012 |
How do I claim the Maine EIC?
To claim the credit, file Form 1040ME, Schedule A, and the Worksheet for Earned Income Tax Credit. Maine tax forms are available here .
About this information
SingleMotherGuide.com is an independent state-by-state reference guide and is not affiliated with any government agency. Program amounts and income limits are compiled from official federal and state sources, which are cited on the page, and are reviewed periodically and updated as those sources change.
The information is provided for general guidance and is not legal or financial advice. The administering agency makes the final determination of eligibility and benefit amounts. To report an error, please contact us.
Data freshness
Figures on this page are compiled from the public sources cited above and may change; refer to the cited sources for the most current information.
- Last updated
- Updated by
- Ada Hu