Form 1040me - Schedule A - Adjustments To Tax - 2003

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*0302103*
SCHEDULE A
ADJUSTMENTS TO TAX
FORM 1040ME
See instructions on pages 10 and 11.
00
Enclose with your Form 1040ME.
Attachment
*0302103*
4
Sequence No.
Name(s) as shown on Form 1040ME
Your Social Security Number
-
-
Section 1. TAX ADDITIONS:
(Nonresidents see instructions on page 10.)
1.
RETIREMENT PLAN DISTRIBUTIONS - Enter the amount from federal Form 1040, line 41
relative to lump-sum distributions (federal form 4972) $ ______________ x .15 .............................. 1
.
,
2.
EARLY DISTRIBUTION FROM QUALIFIED RETIREMENT PLANS - Enter the amount from
.
,
federal Form 1040, line 57 relative to early distributions $ _______________ x .15 .......................... 2
3.
MAINE MINIMUM TAX - From Maine Minimum Tax Worksheet, line 14. (See page 24).
.
,
Attach the Worksheet to your return. ..................................................................................................... 3
.
,
4.
TOTAL ADDITIONS
- Add lines 1, 2, and 3. Enter result here and on 1040ME, page 1, line 21 .......... 4
Section 2. TAX CREDITS
(see instructions for details):
5.
CREDIT FOR THE ELDERLY - Enter amount from federal Form 1040, line 46 or
.
,
1040A, line 30 $ _______________ x .20 .............................................................................................. *5
6.
CHILD CARE CREDIT - Enter amount from line 6 of the Child Care Credit Worksheet on
.
,
page 22. Enclose the Worksheet with your return. ............................................................................... *6
7.
EARNED INCOME TAX CREDIT - Enter amount from federal form 1040, line 63 or
.
,
1040A, line 41 or form 1040EZ, line 8 $ ________________ x .0492 .................................................. *7
8.
CREDIT FOR INCOME TAX PAID TO OTHER JURISDICTIONS - From page 22, Schedule 3,
.
,
line 5 ...................................................................................................................................................... 8
.
,
9.
MAINE SEED CAPITAL CREDIT
(Enclose worksheet-see instructions)
......................................... 9
.
10. EMPLOYER-ASSISTED DAY CARE CREDIT
(Enclose worksheet-see instructions)
..................... 10
,
.
,
11. INVESTMENT TAX CREDIT ................................................................................................................. 11
.
12. FOREST MANAGEMENT PLANNING CREDIT (Supporting documentation MUST be included) ....... 12
,
13. EMPLOYER-PROVIDED LONG-TERM CARE CREDIT - (Policy number ________________ )
.
,
(Enclose worksheet - see instructions)
............................................................................................. 13
.
,
14. JOBS & INVESTMENT CREDIT
(Enclose worksheet-see instructions)
.......................................... 14
.
15. SOLID WASTE REDUCTION INVESTMENT TAX CREDIT
...................................................................
15
,
.
,
16. RESEARCH EXPENSE TAX CREDIT
(Enclose worksheet-see instructions)
................................. 16
.
,
17. RESEARCH & DEVELOPMENT SUPER CREDIT
(Enclose worksheet-see instructions)
.............. 17
.
,
18. HIGH-TECHNOLOGY CREDIT
(Enclose worksheet-see instructions)
............................................ 18
.
19. MAINE MINIMUM TAX CREDIT - From Worksheet (page 24, line 22) ................................................. 19
,
.
20. CREDIT FOR DEPENDENT HEALTH BENEFITS PAID
(Enclose worksheet-see instructions)
..... 20
,
.
,
21. CLEAN FUEL CREDIT
(Enclose worksheet-see instructions)
......................................................... 21
.
,
22. HISTORIC REHABILITATION CREDIT
(Enclose worksheet-see instructions)
............................... 22
.
,
23. FAMILY DEVELOPMENT ACCOUNT CREDIT
(Enclose worksheet-see instructions)
................... 23
.
,
24. QUALITY CHILD CARE INVESTMENT TAX CREDIT
(Enclose worksheet-see instructions)
........ 24
.
,
25. TOTAL CREDITS
- Add lines 5 through 24 ........................................................................................... 25
.
,
26. MAINE INCOME TAX
- 1040ME, line 23 ............................................................................................... 26
27. ALLOWABLE CREDITS
- Amount on line 25 or line 26, whichever is less. Enter here and
.
,
on FORM 1040ME, line 24 ................................................................................................................... 27
*NOTE: Personal credits (lines 5, 6 and 7 above) taken by nonresident and part-year resident taxpayers must be prorated based on the ratio of Maine-
source income to total income. For lines 5 and 7, this is done on Schedule NR, line 8 or Schedule NRH, line 10. Line 6 is prorated on the Worksheet
for Child Care Credit. However, Maine business credits may be claimed in their entirety, up to the Maine tax liability. Carryover provisions may apply.
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