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Get your taxes done using TurboTax
In the Maine state income tax return, I qualified for the credit at the screen Credit for Student Loan Repayment.
Please review the qualifications for the credit.
Maine Credit for Student Loan Repayment
This Tax Credit is for qualifying Maine residents who are making eligible education loan payments directly to the lender on loans obtained to earn:
* an undergraduate (associate or bachelor's) or graduate degree obtained after 2007 from an accredited college or university;
A qualifying graduate is one who:
* After graduation, is a Maine resident (as defined by Maine tax law in 36 M.R.S. 5102(5)) during the tax year;
and,
* Had earned income of at least $13,712 during the tax year,
and,
* Paid eligible student loan repayments directly to the lender.
NOTE: A qualified individual who worked in Maine immediately prior to, or at any point during, the Maine COVID-19 state of emergency is deemed to have worked in Maine for the entire state of emergency.
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