Form 1040me - Maine Individual Income Tax Booklet

Line 34b. Underpayment Penalty. If line 26 less the sum of lines 27a,

Line 22. If your taxable income, line 19, is $2,000 or less and neither you

27d and REW amounts included in line 27b is $1,000 or more, use Form

nor your spouse (if married) is claimed as a dependent on somebody

2210ME to see if you owe an underpayment of estimated tax penalty.

else’s return, you are entitled to a low-income credit equal to the income

Form 2210ME is available at or call (207)

tax that would normally be due. You are not required to ﬁ le a return

624-7894.

if you qualify for this credit. However, you must ﬁ le a return to claim

Line 34c. Total Amount Due. Do not send cash. If you owe less than

any refund due to you.

$1.00, do not pay it. Remit your payment using Maine EZ Pay at

www.

Line 25. NOTE: Schedule NRH is available at

maine.gov/revenue

or enclose (do not staple or tape) a check or money

forms

or call the forms line at (207) 624-7894.

order payable to Treasurer, State of Maine with your return. Include

Line 26. Subtract lines 24 and 25 from line 23.

Nonresidents and “Safe

your complete name, address and telephone number on your check or

Harbor” Residents only: show negative amounts with a minus sign in

money order.

the box to the left of the number. A negative amount represents unused

THIRD PARTY DESIGNEE. Complete this section if you would like

business credits claimed on Schedule A that may be carried over. See

to allow Maine Revenue Services to call or accept information from

instructions for Maine Schedule A.

another person to discuss your 2012 Maine individual income tax return.

Line 27a. Enter the total amount of Maine income tax withheld. Enclose

Choose any 5-digit PIN which will be used to ensure MRS employees

(do not staple or tape) supporting W-2, 1099 and 1099ME forms. Unless

only speak with the individual you have designated. This authorization

the 1099 form is required as supporting documentation for another

will automatically end on April 15, 2014.

schedule or worksheet, only send 1099 forms if there is State of Maine

Payment Plan. Check the box below your signature(s) if you are

income tax withheld shown on them.

requesting a payment plan. Your ﬁ rst payment should be submitted

with your return and you should continue to make payments until Maine

Line 27b. Enter the total amount of Maine estimated tax paid during 2012.

Revenue Services contacts you. For more information, call (207) 621-

Also include on this line extension payments and amounts withheld in

4300 or email compliance.tax@maine.gov.

2012 on the sale of real estate in Maine (enclose a copy of Form REW-1

to support your entry).

Injured Spouse. Check the box below your signature(s) if you are an

innocent/injured spouse (see federal Form 8379 or Form 8857 and

Line 30. If you purchased items for use in Maine from retailers who did

related instructions). For more information, call (207) 624-9595 or email

not collect the Maine sales tax (such as businesses in other states and

compliance.tax@maine.gov.

many mail order and internet sellers), you may owe Maine use tax on

those items. The rate of tax for purchases in 2012 is 5%. If you paid

SCHEDULE 1 — INCOME MODIFICATIONS — See page 9

another state’s sales or use tax on any purchase, that amount may be

For more information on Maine income modiﬁ cations, visit

credited against the Maine use tax due on that purchase. If you do not

gov/revenue/forms.

know the exact amount of Maine use tax that you owe, either multiply

Line 1. ADDITIONS. Also include the taxpayer’s distributive share of

your Maine adjusted gross income from line 16 by .08% (.0008) or use

addition modiﬁ cation items from partnerships, S corporations and other

the table below. NOTE: For items that cost $1,000 or more, you must

pass-through entities.

add the tax on those items to the percentage or table amount. Use Tax

Line 1a. Enter the income from municipal and state bonds, other

on items that cost more than $5,000 must be reported on an individual

than Maine, that is not included in your federal adjusted gross income

use tax return by the 15th day of the month following its purchase. For

(i.e., enter bond interest from City of New York but not Portland, Maine).

additional information, visit

salesuse/usetax/

Line 1b. Net Operating Loss Recovery Adjustment. Enter on this

usetax.html

or call (207) 624-9693.

line any amount of federal net operating loss carry forward that has

USE TAX TABLE

been previously used to offset Maine addition modiﬁ

cations.

For more

information, go to

(select Income Tax

Maine Adjusted

Use Tax

Maine Adjusted

Use Tax

Gross Income

Amount

Gross Income

Amount

Guidance Documents).

At Least

Less Than

At Least Less Than

Line 1c. Enter 2012 Maine Public Employees Retirement System

6,000

$ 30,000

$ 36,000

$ 29

contributions. See your Maine W-2 form.

6,000

12,000

36,000

42,000

12,000

18,000

42,000

48,000

Line 1d. Enter the amount claimed as a domestic production activities

18,000

24,000

48,000

54,000

deduction on federal Form 1040, line 35.

24,000

30,000

54,000

60,000

Line 1e. BONUS DEPRECIATION ADD-BACK: An addition modiﬁ cation

$60,000 and up — .08% of Form 1040ME, Line 16

is required equal to the net increase in depreciation resulting from bonus

Line 30a. If you collected $2,000 or less in sales tax on casual rentals

depreciation claimed on the federal return. To calculate this addition

of living quarters, you may report the tax on this line. Multiply the rentals

modiﬁ cation, the amount of the add-back on line 1f must be subtracted

received in 2012 not reported on any sales tax return by 7%. Note: To

from the basis of property placed in service in 2012. Then MACRS

report sales tax greater than $2,000, you must ﬁ le a sales/use tax return to

depreciation must be calculated on the remaining property basis.

report all sales you owe to Maine. Sales and use tax forms are available at

The amount entered on this line equals the amount that the federal

salesuse/returnlink.htm

or call (207) 624-9693.

depreciation claimed, less the amount on line 1f, exceeds the recalculated

MACRS depreciation. If the recalculated MACRS depreciation is greater

Line 33b. Refunds of $1.00 or more will be issued to you.

than the adjusted federal depreciation, no addition modiﬁ cation is

Lines 33c-33e. To comply with banking rules, you must check the box

required on this line. Enclose a copy of the federal Form 4562, along

to the left of line 33d if your refund is going to an account outside the

with the add-back calculation, with the return. For more information and

United States. If you check the box, we will mail you a paper check.

examples, go to

(select Income Tax

Except for NextGen Accounts, the account to receive the direct deposit

Guidance Documents).

must be in your name. If you are married, the account can be in either

Line 1f. Enter on this line the bonus depreciation claimed on the federal

name or in both your names. Note that some banks will not allow a joint

return relating to property for which the Maine Capital Investment credit

refund to be deposited into an individual account. Refunds directed

is claimed.

to a NextGen Account are subject to the terms and conditions of the

Line 1g. Enter your share of a fiduciary adjustment (addition

Program Description, Participation Agreement and any Supplement(s)

modiﬁ cations) relating to income from an estate or trust (36 M.R.S.A. §

thereto. (The NextGen Program is administered by the Finance Authority

5122(3)). Attach a copy of your federal Schedule K-1.

of Maine.)

33c. Routing Number (“RTN”) must be 9 digits. NOTE: For a NextGen

Account, enter the following RTN: 043000261.

33d. Bank Account or NextGen Account Number can be up to 17

characters (both numbers and letters). Omit hyphens, spaces and special

symbols. Enter the number from left to right and leave any unused boxes

blank. NOTE: For a NextGen Account, enter the account owner’s 9-digit

social security number.

Form 1040me - Maine Individual Income Tax Booklet - 2012 Page 3

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