Income tax is one of the most common taxes people owe the government. If you live in Maine, you will be taxed on your income based from the tax bracket in which you fall under. The tax brackets and corresponding tax amount is determined by the state.
Like any other state, the higher your income is, the higher is the amount of tax that you need to pay. Income tax percentage can range from 2% to 8.5% of your total income. Income tax is the second highest source of revenue next to property tax. This is where the government gets most of its funds to finance education and community programs which will benefit the community. If you’re a Maine resident and you worked in the state for more than 183 days, then you are required to file Maine resident return. You are exempted for this if your income is below $2,000 for the whole year. If you just moved to Maine, you’re still required to file specific tax return form for the income you earned as a Maine resident as well as a separate form as a non resident. You may get these forms online or by going to your local government agency. If you live in Maine but you work in another state, you still need to file for a Maine resident return.
There are income tax calculators online that can help you estimate the amount of tax that you need to pay to your local state. You may also download your needed forms for filing taxes on the Internet so it will be more convenient for you.