Calculate your take home pay after federal & Maine taxes
Last updated on Jul 18 2021
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Maine state income tax
Brief summary:
- the income tax rate ranges from 5.8% to 7.15%
- no local income tax
- no state payroll insurance taxes
- has standard deduction and exemption
- has a state EITC
Maine fiscal year starts from July 01 the year before to June 30 the current year. So the fiscal year 2021 will start from July 01 2020 to June 30 2021.
Calculating your Maine fiscal year income tax is similar to the steps we outlined on our Federal paycheck calculator:
- figure out your filing status
- work out your adjusted gross income [Total annual income – Adjustments = Adjusted gross income]
- calculate your taxable income [Adjusted gross income – (Post-tax deductions + Exemptions) = Taxable income]
- understand your tax liability [Taxable income Γ Tax rate = Tax liability]
- determine whether your tax liability is more than your tax credits and withheld
- Tax liability – (Credits + Withheld) = What you owe or
- (Credits + Withheld) – Tax liability = Tax refunds
State payroll tax
There are no state payroll taxes in Maine.
Income tax brackets
Single and Married filing separately filers have the same tax rates. Refer to Tax Foundation for more details.
| Fiscal year | Filing status | Taxable income | Rate |
|---|---|---|---|
| 2021 | Single Married, Filing Separately |
$0 – $22,450 | 5.80% |
| $22,450 – $53,150 | 6.75% | ||
| $53,150+ | 7.15% | ||
| Married, Filing Jointly or Widow(er) | $0 – $44,950 | 5.80% | |
| $44,950 – $106,350 | 6.75% | ||
| $106,350+ | 7.15% | ||
| Head of Household | $0 – $33,650 | 5.80% | |
| $33,650 – $79,750 | 6.75% | ||
| $79,750+ | 7.15% | ||
| 2020 | Single Married, Filing Separately |
$0 – $21,850 | 5.80% |
| $21,850 – $51,700 | 6.75% | ||
| $51,700+ | 7.15% | ||
| Married, Filing Jointly or Widow(er) | $0 – $43,700 | 5.80% | |
| $43,700 – $103,400 | 6.75% | ||
| $103,400+ | 7.15% | ||
| Head of Household | $0 – $32,750 | 5.80% | |
| $32,750 – $77,550 | 6.75% | ||
| $77,550+ | 7.15% |
Deductions
Maine standard deduction is tied to the federal standard deduction.
| Fiscal year | Filing status | Standard deduction amount |
|---|---|---|
| 2021 | Single Married, Filing Separately |
$12,550 |
| Married, Filing Jointly or Widow(er) | $25,100 | |
| Head of Household | $18,800 | |
| 2020 | Single Married, Filing Separately |
$12,200 |
| Married, Filing Jointly or Widow(er) | $24,400 | |
| Head of Household | $18,350 |
Exemptions
Different from federal income tax, you can still claim exemption(s) in Maine. Refer to Tax Foundation for more details.
| Fiscal year | Filing status | Personal exemption amount | Comment |
|---|---|---|---|
| 2021 2020 |
Single Married, Filing Separately Head of Household |
$4,300 | |
| Married, Filing Jointly or Widow(er) | $8,600 | ||
| Dependent(s) | $300 | In tax credit |
Earned Income Tax Credit (EITC)
Maine’s EITC is a percentage of federal EITC. For more information, refer to TCWF.
| Fiscal year | Percentage of Federal EITC | Refundable |
|---|---|---|
| 2021 2020 |
Eligible filers without dependent children – 25% Other eligible filers – 12% |
Yes |
Child Tax Credit (CTC)
Maine doesn’t have a Child Tax Credit but the legislation is considering a state-level CTC.
FAQs
What taxes do Mainer pay?
Mainers only need to pay state income tax, ranging from 5.8% to 7.15%. There are no state payroll taxes. Residents can also claim standard deductions and exemptions. There is even a state-level Earned Income Tax Credit.
How much do you make after taxes in Maine?
A single filer in Maine who earns $57,000 per annual, will take home $45,007.65 after taxes.
Married filers (no dependent) with a combined annual income of $114,000 will get $90,015.77 after taxes.