Home
Forms Library
Maine form 1120me instructions 2023

Form 1120me 2025

maine form 1120me instructions 2023 Preview on Page 1

Show details

4 out of 5

31 votes

The document is the 2020 Maine Corporate Income Tax Return Form 1120ME, which outlines the requirements and instructions for corporations filing their income tax in Maine. It includes details on electronic filing mandates for corporations with total assets of $5 million or more, various tax calculations, deductions, credits, and the necessary information to complete the return. The form also provides guidelines for submitting waiver requests for electronic filing and includes sections for reporting income, tax due or overpayment, and apportionment of tax.

Here's how it works

01. Edit your maine form 1120me instructions 2023 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send 1120me instructions 2023 via email, link, or fax. You can also download it, export it or print it out.

How to edit Form 1120me in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Adjusting paperwork with our extensive and intuitive PDF editor is easy. Adhere to the instructions below to complete Form 1120me online easily and quickly:

Log in to your account. Log in with your email and password or create a free account to try the service before upgrading the subscription.
Upload a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Form 1120me. Quickly add and underline text, insert images, checkmarks, and symbols, drop new fillable fields, and rearrange or remove pages from your document.
Get the Form 1120me accomplished. Download your adjusted document, export it to the cloud, print it from the editor, or share it with others through a Shareable link or as an email attachment.

Take advantage of DocHub, one of the most easy-to-use editors to promptly manage your paperwork online!

See more form 1120me versions

We've got more versions of the form 1120me form. Select the right form 1120me version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.9 Satisfied (39 Votes)
2022	4.1 Satisfied (30 Votes)
2021	4.8 Satisfied (62 Votes)
2020	4 Satisfied (31 Votes)
2019	4.4 Satisfied (220 Votes)
2018	4.3 Satisfied (94 Votes)
2017	4.2 Satisfied (103 Votes)
2016	4.4 Satisfied (430 Votes)
2015	4 Satisfied (70 Votes)
2014	4.4 Satisfied (71 Votes)
2013	4 Satisfied (32 Votes)
2012	4 Satisfied (22 Votes)
2010	4 Satisfied (33 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the tax rate for 1120me?

Maine imposes an income tax on all entities organized as corporations and that have Maine-source income. The corporate income tax is graduated, with rates ranging from 3.5% (for income up to $350,000) to 8.93% (for income in excess of $3,500,000).

What is the tax rate for corporate income tax?

Corporate tax rates by state StateState Corporate Tax Rate Alaska 0% 9.4% Arizona 4.9% Arkansas 1% 4.8% California 8.84%47 more rows May 6, 2024

What is the Maine income tax rate?

Maine state income tax rates Maine applies a graduated income tax system with three brackets, ranging from 5.8% to 7.15%. The percentage you pay depends on your taxable income and your filing status. State income taxes in Maine are due on April 15, 2025, unless you file for an extension.

What is the corporate income tax threshold in Maine?

Corporate tax is assessed as follows: Adjusted federal taxable income of $0-$350,000: 3.5% of adjusted federal taxable income. Greater than $350,000 but not over $1.05 million: $12,250 plus 7.93% of the excess over $350,000.

How are LLCs taxed in Maine?

How are other types of businesses taxed in Maine? The owners of sole proprietorships, partnerships, S corporations, and limited liability companies (LLCs) are taxed on a personal level for their shares of the businesss profits, at their applicable individual income tax rate.

maine 1120me instructions 2023

Form 1120me pdf Form 1120me instructions Maine Form 1120ME Instructions 2023 Form 1120me download Maine Form 1120ME Instructions 2022 1120ME Instructions 2024 Maine Corporate Income Tax Return Maine Tax forms

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

Who is required to file a Maine state tax return?

Anyone who is a resident of Maine for any part of the tax year, and has taxable Maine-source income, must file a Maine return. Anyone who is not a resident of Maine, but performs personal services in Maine for more than 12 days and earns more than $3,000 of income from all Maine sources, must file a Maine return.

What is the corporate income tax in Maine?

State Corporate Income Tax Rates as of January 1, 2024 StateRates Maine 8.93% Maryland 8.25% Massachusetts 8.0% Michigan 6.0% 79 more rows Jan 23, 2024

What is the standard deduction for Maine income tax?

IMPORTANT. The 2024 Maine personal exemption amount is $5,000 and the Maine basic standard deduction amounts are $14,600* for single and $29,200* for married individuals filing joint returns.

Form 1120me 2025

Here's how it works

How to edit Form 1120me in PDF format online

See more form 1120me versions

Complete this form in 5 minutes or less

Got questions?

What is the tax rate for 1120me?

What is the tax rate for corporate income tax?

What is the Maine income tax rate?

What is the corporate income tax threshold in Maine?

How are LLCs taxed in Maine?

Complete this form in 5 minutes or less

People also ask

Who is required to file a Maine state tax return?

What is the corporate income tax in Maine?

What is the standard deduction for Maine income tax?

form 1120me instructions 2023

Try more PDF tools