Real estate taxes (also called property taxes) for your main home, vacation home, or land are an allowable deduction if they're based on the assessed value of the property and the property is for your own personal use.
- However, you won't be able to deduct your property taxes if you're taking the Standard Deduction.
Even if you itemize, the State and Local Tax (SALT) deduction, which includes property tax, is capped at $10,000 ($5,000 for couples filing separately). This means taxpayers who live or own property in states with high property taxes may not be getting as big of a deduction.
To enter your real estate taxes, click here.
You don't have to file a ME nonresident income tax return. You are not eligible for the Maine Property Tax Fairness Credit. because you were not a Maine resident during any part of the tax year.
- Per ME filing requirements: 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. Up to 24 days performing certain personal services, such as training and site inspections, are not counted against the 12-day threshold.
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