36 §5121. Maine taxable income
§5121. Maine taxable income The Maine taxable income of a resident individual is equal to the individual’s federal adjusted gross income with the modifications and less the deductions and personal exemptions provided in this chapter. [PL 2019, c. 379, Pt. C, §2 (AMD).] SECTION HISTORY P&SL 1969, c. 154, §F1 (NEW). PL 1987, c. […]
36 §5122. Modifications
§5122. Modifications 1. Additions. Federal adjusted gross income shall be increased by: A. Interest or dividends on obligations or securities of any state other than this State, or of a political subdivision or authority of any state other than this State, to the extent that interest or those dividends are not included in the […]
36 §5123. Deduction (REPEALED)
§5123. Deduction (REPEALED) SECTION HISTORY P&SL 1969, c. 154, §F1 (NEW). PL 1987, c. 819, §5 (RP).
36 §5124. Standard deduction; resident (REPEALED)
§5124. Standard deduction; resident (REPEALED) SECTION HISTORY P&SL 1969, c. 154, §F1 (NEW). PL 1975, c. 660, §7 (RPR). PL 1975, c. 765, §27 (AMD). PL 1977, c. 477, §16 (RP).
36 §5124-A. Standard deduction; resident before 2016
§5124-A. Standard deduction; resident before 2016 For tax years beginning before January 1, 2016, the standard deduction of a resident individual is equal to the standard deduction as determined in accordance with the Code, Section 63, except that, for tax years beginning in 2013, the standard deduction is $10,150 in the case of individuals filing […]
36 §5124-B. Standard deduction; resident on or after January 1, 2016 but before January 1, 2018
§5124-B. Standard deduction; resident on or after January 1, 2016 but before January 1, 2018 For tax years beginning on or after January 1, 2016 but before January 1, 2018, the standard deduction of a resident individual is equal to the sum of the basic standard deduction and any additional standard deduction, subject to the […]