Maine verification earnings 2025

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What taxes do Maine residents pay on retirement income? Maine taxes some forms of retirement income, but there is a pension exclusion of up to $45,864 (for tax year 2024). However, Maine has an estate tax. The estate exemption is $6.8 million, and heirs are taxed between 8% and 12%.
Maine Tax on Retirement Benefits: Maine does not tax Social Security or Railroad Retirement benefits. Military benefits are also tax-exempt. Retirees who receive MainePERS benefits may qualify for a pension exclusion of up to $45,864.
Expanded Pension Deduction provides a tax break for Maine retirees by exempting retirement income from income tax. The pension deduction has increased from $10,000 to $30,000 in tax year 2023.
Any income you received as a resident of Maine is Maine income, regardless of where it was earned.
All Social Security income in Maine is exempt from the state income tax. Any Social Security income included in your federal adjusted gross income (AGI) should be subtracted out of your Maine income when filing you state income tax return.
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To check the status of your Maine state tax refund online, go to the Maine Revenue Services website. You can also view your status using the Maine Tax Portal.

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