4/5/2023 0 Comments Form 1040 ischedule a nst![]() Generally, these credits are prorated on the related credit The Maine residency period or prorated based on the ratio of Maine-source income to total income. *Note: Personal credits (lines 1, 2, 3, 4, 8, 9, 10, 11, 12, and 13 above) taken by part-year residents, nonresidents and “Safe Harbor” residents are limited to Allowable Nonrefundable Credits - Amount on line 21 or line 22, whichever is less.Įnter here and on Form 1040ME, line 23. Pine Tree Development Zone Credit - Enter the amount from the CreditĪpplication Worksheet. Credit for Educational Opportunity - for Maine residents and part-year Of the worksheet for the Credit for Income Tax Paid to Other Jurisdictions. Credit for Income Tax Paid to Other Jurisdictions. Enter amount from line 4 of theĮarned Income Tax Credit Worksheet. Earned Income Tax Credit for nonresidents only. Enter amount from line 8, or line 8a, of the Adultĭependent Care Credit Worksheet. Enter amount from line 6, or line 6a, of the Child Care Credit Enter the amount from Form 1040ME, line 13a_ x $300. See instructions and, if necessary, enclose ![]() NONREFUNDABLE CREDITS (See instructions for details):Ĩ. Enter result here and onįorm 1040ME, line 25c. The amount from line 3 or 4, whichever applies, of the Earned Income Tax Credit Earned Income Tax Credit - for Maine residents and part-year residents only. Enter amount from line 7, or line 7a, of the Adultĭependent Care Credit Worksheet. Total Nonrefundable Credits - Add lines 8 through 20. Employer Credit for Family and Medical Leave. Rehabilitation of Historic Properties after 2007. Enter the amountįrom line 5, or line 5a, of the Child Care Credit Worksheet on the next page. Child Care Credit - for Maine residents and part-year residents only. REFUNDABLE CREDITS:ĭO NOT ENTER $ signs, commas, or decimals.ġ. Retrieved November 9, 2019.Adjustments to Tax/Child Care Credit Worksheetįor more information, visit Section 1. Department of the Treasury, Internal Revenue Service. IRS Working on a New Form 10 Tax Season.Schedule A, Schedule B, Schedule EIC, Schedule R and others we may not have mentioned are still in use.Ĭurrently there is no indication which if any of those may become obsolete in the future. Parts of the old 1040 Long Form were obviously carved out to create the above six new schedules. Form 1040 Schedule 1 - Additional Income and Adjustments to IncomeĪttach Form 1040 Schedule 1 to your federal income tax return if you have additional income and adjustments to income to report.Īdditional Income examples include state and local tax credits, alimony received, unemployment compensation, and income reported on various sub-forms such as Schedule C, Schedule C-EZ, Schedule D, Schedule E, and Schedule F.Īdjustments To Income examples include educator expenses, health savings account deduction, moving expenses, alimony paid, student loan interest, IRA deductions, and Schedule SE the deductible part of self-employment tax.Īttach Form 1040 Schedule 2 to your federal income tax return if you owe Alternative Minimum Tax (AMT), or, need to repay your excess advance premium tax credit.įorm 1040 Schedule 3 - Nonrefundable CreditsĪttach Form 1040 Schedule 3 to your federal income tax return if you can claim credits for foreign taxes, dependent care expense, education, retirement savings, residential energy, or general business credits.Īttach Form 1040 Schedule 4 to your federal income tax return if you owe any other taxes reported on the listed sub-forms and schedules.Įxamples of other taxes include self-employment tax, Schedule H household employment taxes, additional tax on IRA, and the health care individual responsibility tax.įorm 1040 Schedule 5 - Other Payments and Refundable CreditsĪttach Form 1040 Schedule 5 to your federal income tax return if you can claim a credit for tax payments you already made.Įxamples include but are not limited to excess social security tax withheld, net premium tax credit, Form 1040-ES estimated tax payments, and any amount paid with an extension of time to file request.įorm 1040 Schedule 6 - Foreign Address and Third Party DesigneeĪttach Form 1040 Schedule 6 if you are using a foreign address to submit your federal income tax return.Īttach Schedule 6 also if you want to allow another person to discuss your return with the IRS as a Third Party Designee.
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