Only the amount charged for the basic "right of occupancy" is counted.
It is best to apply during the tax season (January 1 April 15) each year.
They can claim 15 of their rent (3000 up to a cap of 2600. .
Where can taxpayers get Form 1040ME and Schedule ptfc?Is assistance available to apply for the credit?( ) Their credit equals half of that amount, or 400.Nontaxable income will be added to modified adjusted gross income (magi) to determine eligibility.
For example, if your you can win pdf free download in gujarati household adjusted gross income is 30,000 for you and your sc edison refrigerator rebate spouse (with no children in the home your property taxes would need to be higher than 1,800 to get any help.
Here are the basic rules for tax year 2014 going forward: You must own your own home or pay rent.
Open Space Land, for more information on other property tax relief options, visit the.
During the tax season, you can get free tax filing help at centers throughout the state. .
More contact information here.When the recent state budget passed they made the following changes: If you want a refund you must file the state tax return Form 1040ME and the Property Tax Fairness Credit Worksheet even if you do not normally file income tax returns.If the credit exceeds the amount of your individual income tax due for the tax year, the excess amount of credit will be refunded to you.Call the forms line at (leave your name and mailing address) or write to: Maine Revenue Services, PO Box 9107, Augusta,.So you cannot make claims for tax years prior to 2013; the credit didnt exist before that.Maine Revenue Services administers several programs aimed at providing eligible Maine taxpayers with tax relief.