us-me/form/mrs/ty2018/schedule-a/document-1

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us-me/form/mrs/ty2018/schedule-a/document-1 · Axiom

2018 ADJUSTMENTS TO TAX See instructions. Enclose with Form 1040ME. For more information, visit www.maine.gov/revenue/forms. 99 *1802103* Name(s) as shown on Form 1040ME Your Social Security Number *NOTE: Personal credits (lines 1, 2, 3, 4, 8, 9, 10, 11, 12, and 14 above) taken by part-year residents, nonresidents and “Safe Harbor” residents are limited to the Maine residency period or prorated based on the ratio of Maine-source income to total income. Generally, these credits are prorated on the related credit worksheet. Maine business credits are claimed in their entirety, some refundable and some limited up to the Maine tax liability (carryover provisions may apply). SCHEDULE A FORM 1040ME Attachment Sequence No. 7

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.00 Section 1. REFUNDABLE CREDITS: 1. CHILD CARE CREDIT - for Maine residents and part-year residents only. Enter the amount

from line 5, or line 5a, of the Child Care Credit Worksheet on the next page. (Enclose worksheet) ....*1 2. ADULT DEPENDENT CARE CREDIT - Enter amount from line 7, or line 7a, of the Adult

Dependent Care Credit Worksheet. (Enclose worksheet) .......................................................*2 3. EARNED INCOME TAX CREDIT - for Maine residents and part-year residents only. Enter

the amount from line 2, or line 3, whichever applies, of the Earned Income Tax Credit

Worksheet on the next page. (Enclose worksheet). ................................................................*3 4. CREDIT FOR EDUCATIONAL OPPORTUNITY- for Maine residents and part-year

residents only. (Enclose worksheet) .....................................................................................*4 5. REHABILITATION OF HISTORIC PROPERTIES AFTER 2007 (Enclose worksheet) ............5 6. NEW MARKETS TAX CREDIT (Enclose worksheet) ..............................................................6 7. TOTAL REFUNDABLE CREDITS - Add lines 1 through 6. Enter result here and on

Form 1040ME, page 2, line 25c ..................................................................................................7 Section 2. NONREFUNDABLE CREDITS (See instructions for details): 8. DEPENDENT EXEMPTION TAX CREDIT - See instructions and, if necessary, enclose worksheet on the next page. Enter the amount from Form 1040ME, line 13a ______ x $300 ...*8 9. CHILD CARE CREDIT - Enter amount from line 6, or line 6a, of the Child Care Credit

Worksheet on the next page. (Enclose worksheet) .................................................................*9 10. ADULT DEPENDENT CARE CREDIT - Enter amount from line 8, or line 8a, of the Adult

Dependent Care Credit Worksheet. (Enclose worksheet) .....................................................*10 11. EARNED INCOME TAX CREDIT for nonresidents only. Enter amount from line 3 of the

Earned Income Tax Credit Worksheet on the next page. (Enclose worksheet) ..........................*11 12. CREDIT FOR INCOME TAX PAID TO OTHER JURISDICTIONS - Enter the amount from line

5 of the worksheet for the Credit for Income Tax Paid to Other Jurisdictions (Enclose worksheet) .*12

13. MAINE SEED CAPITAL CREDIT (Enclose worksheet) ........................................................13 14. CREDIT FOR EDUCATIONAL OPPORTUNITY- for Maine residents and part-year

residents only. (Enclose worksheet) ...................................................................................*14 15. MAINE CAPITAL INVESTMENT CREDIT (Enclose worksheet) ............................................15 16. RESEARCH EXPENSE TAX CREDIT (Enclose worksheet) .................................................16 17. CARRYFORWARD OF CERTAIN CREDIT AMOUNTS (Enclose worksheet) ..............................17 18. PINE TREE DEVELOPMENT ZONE CREDIT - Enter the amount from the Credit

Application Worksheet. (Enclose worksheet) .........................................................................18 19. EMPLOYER CREDIT FOR FAMILY AND MEDICAL LEAVE ...................................................19 20. OTHER TAX CREDITS (Enclose applicable worksheet(s)) ..................................................20 21. TOTAL NONREFUNDABLE CREDITS - Add lines 8 through 20. ............................................21 22. MAINE INCOME TAX - Form 1040ME, line 21. .......................................................................22 23. ALLOWABLE NONREFUNDABLE CREDITS - Amount on line 21 or line 22, whichever is less.

Enter here and on Form 1040ME, line 22. ................................................................................23

2018 - Worksheet for Dependent Exemption Tax Credit - Schedule A, Line 8 (Enclose with your Form 1040ME) 1. Enter the number of qualifying children and dependent(s) on Form 1040ME, line 13a ......................................................................1. ______________ 2. Multiply Line 1 by $300 .......................................................................................................................................................................2. ______________ 3. Enter your 2018 Maine adjusted gross income (Form 1040ME, line 16) .............................................................................................3. ______________ 4. Enter $200,000 ($400,000 if married filing jointly) ...............................................................................................................................4. ______________ 5. Subtract line 4 from line 3 (round the result up to the next $1,000). If zero or less, skip line 6 and 7 and enter the amount

from line 2 on line 8 ..............................................................................................................................................................................5. ______________ 6. Divide line 5 by $1,000 .........................................................................................................................................................................6. ______________ 7. Multiply line 6 by $7.50 ........................................................................................................................................................................7. ______________ 8. Subtract line 7 from line 2.

Maine residents: Enter this amount on Maine Schedule A, line 8. Except, if you are filing Schedule NRH, continue to line 9. ...........8. ______________

Part-year residents and nonresidents, continue to line 9. 9. Ratio of Maine source income for those filing Schedule NR or Schedule NRH:

You must prorate your dependent exemption tax credit.

For those filing Schedule NR, multiply line 8 by the Maine-source income ratio (1.0000 minus Schedule NR, line 7).

For those filing Schedule NRH, multiply line 8 by the rate representing your portion of Maine adjusted gross income (Schedule

NRH, line 7, column B). Then, multiply the result by the Maine-source income ratio of your income (1.0000 minus Schedule NRH,

line 7, column C).

Enter the result here and on Maine Schedule A, line 8 ........................................................................................................................9. ______________ Your child care provider may have a Step 4 Quality Certiﬁ cate issued by the Department of Health and Human Services (DHHS), Ofﬁ ce of Child and Family Services. If so, enter your child care provider’s Step 4 Child Care Quality certiﬁ cate number in the space provided and enter your Step 4 child care expenses in Column B. Otherwise, use only column A to calculate your child care credit. For a list of Step 4 child care providers, go to www.maine.gov/revenue (select Tax Divisions, then select Income/Estate Tax) or call DHHS at (207) 624-7909 Monday through Friday. Step 4 Child Care Program Column A Column B Name & Certiﬁ cate Number: ___________________________________________________________ Regular “Step 4”

(do not enter the Child Care Program’s federal ID number) Child Care Child Care 1. Total expenses paid for child care services included on federal Form 2441, Expenses Expenses

line 2, column C ................................................................................................1. $ 1a. Column A - expenses paid for regular child care services included on line 1

Column B - expenses paid for Step 4 child care services included on line 1 .........................................1a. _______________ _______________ 1b. Percentage of expenses paid. Column A - divide line 1a, column A by line 1

Column B - divide line 1a, column B by line 1 ......................................1b. __ . __ __ __ __ __ . __ __ __ __ 2. Enter amount from federal Form 1040, Schedule 3, line 49 ............................. 2. $ 2a. Column A - multiply line 2 by line 1b, column A

Column B - multiply line 2 by line 1b, column B 2a. _______________ _______________ 3. Maine Credit. Column A - multiply line 2a, column A by 25% (.25)

Column B - multiply line 2a, column B by 50% (.50) 3. _______________ _______________ 4. Add line 3, column A and line 3, column B ...........................................................................................................................................4. ______________ NONRESIDENTS - skip lines 5 and 5a. Enter the amount from line 4 on line 6 and complete line 6a. 5. Refundable child care credit. Residents and part-year residents only, enter line 4 or $500, whichever is less. ................................5. ______________ 5a. MAINE RESIDENTS AND PART-YEAR RESIDENTS FILING SCHEDULE NR OR SCHEDULE NRH:

You must prorate your refundable child care credit.

For those ﬁ ling Schedule NR, multiply line 5 by the Maine-source income ratio (1.0000 minus Schedule NR, line 7).

For those ﬁ ling Schedule NRH, multiply line 5 by the rate representing your portion of Maine adjusted gross

income (Schedule NRH, line 7, column B). Then multiply the result by the Maine-source income ratio of your

the amount from line 4. If negative, enter zero. ....................................................................................................................................6. ______________ 6a. FOR THOSE FILING SCHEDULE NR OR SCHEDULE NRH: You must prorate your nonrefundable child care credit.

For those ﬁ ling Schedule NR, multiply line 6 by the Maine-source income ratio (1.0000 minus Schedule NR, line 7).

For those ﬁ ling Schedule NRH, multiply line 6 by the rate representing your portion of Maine adjusted gross

income (Schedule NRH, line 7, column B). Then multiply the result by the Maine-source income ratio of your

income (1.0000 minus Schedule NRH, line 7, column C). .................................................................................................................6a. ______________ ► Enter line 6 (or line 6a for those ﬁ ling Schedule NR or Schedule NRH) on Schedule A, line 9. 2018 - Worksheet for Child Care Credit - Schedule A, Lines 1 and 9 (Enclose with your Form 1040ME) 2018 - Worksheet for Earned Income Tax Credit - Schedule A, Lines 3 and 11 (Enclose with your Form 1040ME) 1. Enter amount from federal Form 1040, line 17a ..................................................................................................................................1. ______________ 2. Multiply Line 1 by 5% (line 1 x .05) .....................................................................................................................................................2. ______________ ► Maine Residents: Enter the amount from line 2 on Form 1040ME, Schedule A, line 3. Except, if you are ﬁ ling Schedule NRH, continue to line 3. Part-year residents and nonresidents, continue to line 3. 3. Ratio of Maine source income: FOR THOSE FILING SCHEDULE NR OR SCHEDULE NRH:

You must prorate your earned income tax credit.

For those ﬁ ling Schedule NR, multiply line 2 by the Maine-source income ratio (1.0000 minus Schedule NR, line 7).

For those ﬁ ling Schedule NRH, multiply line 2 by the rate representing your portion of Maine adjusted gross

income (Schedule NRH, line 7, column B). Then multiply the result by the Maine-source income ratio of your

income (1.0000 minus Schedule NRH, line 7, column C). ...................................................................................................................3. ______________ ► Maine Resident: If you completed line 3, enter the result on Form 1040ME, Schedule A, line 3. ► Part-year Resident: Enter line 3 on Form 1040ME, Schedule A, line 3. ► Nonresident: Enter line 3 on Form 1040ME, Schedule A, line 11.