Form 1040es-Me - Estimated Tax Worksheet - 2017 (Page 3 of 3) in pdf

Form 1040es-Me - Estimated Tax Worksheet - 2017 Page 3

2017 Estimated Tax Worksheet, Line 6a

Phaseout of Itemized / Standard Deductions Worksheet

36 M.R.S. 5122(1)(JJ)

TAXPAYER NAME: _____________________________________ SSN: ____________________

You must use this Worksheet to calculate the reduction of your standard deduction amount or itemized deduction amount

if your estimated Maine adjusted gross income for 2017 is greater than $70,000 if single or married ﬁ ling separately;

$105,000 if head of household; or $140,000 if married ﬁ ling jointly or qualifying widow(er).

1. Enter your estimated 2017 Maine adjusted gross income .................................................... 1

_______________

2. Enter $70,000 if single or married ﬁ ling separately; $105,000 if head of household; or ....... 2

_______________

$140,000 if married ﬁ ling jointly or qualifying widow(er).

3. Subtract line 2 from line 1. If zero or less, do not complete this worksheet - your

deduction is not subject to the phaseout .............................................................................. 3

_______________

4. Enter $75,000 if single or married ﬁ ling separately; $112,500 if head of household; or ....... 4

_______________

$150,000 if married ﬁ ling jointly or qualifying widow(er).

5. Divide line 3 by line 4. If one or more, enter 1.0000. ............................................................ 5

__ . __ __ __ __

6. Enter the 2017 standard deduction amount for your ﬁ ling status or your total estimated

2017 Maine itemized deductions*, whichever applies .......................................................... 6

_______________

7. Multiply line 6 by line 5 .......................................................................................................... 7

_______________

8. Estimated 2017 Maine itemized deductions or standard deduction.

Subtract line 7 from line 6. Enter this amount on your 2017 Estimated Tax

Worksheet, line 6a ............................................................................................................... 8

_______________

*See Form 1040ME, Schedule 2 and related instructions. Except for medical and dental expenses included in federal

itemized deductions, the maximum 2017 Maine itemized deductions that may be claimed is $28,600.

Revised: December 2016

Form 1040es-Me - Estimated Tax Worksheet - 2017 Page 3