Personal Income Tax in Maine

April 13, 2006

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If you are a resident or nonresident of Maine and receive taxable income individually from property owned or business transacted in Maine, you are subject to tax on net income. Therefore, if you are operating your business as an S corporation, partnership, limited liability company, or sole proprietorship, you will be subject to a personal income tax on your business income that passes through to you.

The following 2006 tax year rates apply to the amount of income over the exempted amount:

Single Individuals and Married Persons Filing Separately
Taxable Income	Amount of Tax
Less than $4,550	2%
$4,550 but less than $9,100	$91 plus 4.5% of excess over $4,550
$9,100 but less than $18,250	$296 plus 7% of excess over $9,100
$18,250 or more	$937 plus 8.5% of excess over $18,250

Unmarried or Legally Separated Individuals Who Qualify as Heads of Households
Taxable Income	Amount of Tax
Less than $6,850	2%
$6,850 but less than $13,650	$137 plus 4.5% of excess over $6,850
$13,650 but less than $27,400	$443 plus 7% of excess over $13,650
$27,400 or more	$1,406 plus 8.5% of excess over $27,400

Married Taxpayers and Widows and Widowers Filing Joint Federal Returns
Taxable Income	Amount of Tax
Less than $9,150	2%
$9,150 but less than $18,250	$183 plus 4.5% of excess over $9,150
$18,250 but less than $36,550	$593 plus 7% of excess over $18,250
$36,550 or more	$1,874 plus 8.5% of excess over $36,550