Property Tax Fairness Credit

Maine Individual Income Tax SUMMARY 

Eligible Maine taxpayers may receive a portion of the property tax or rent paid during the tax year on the Maine individual income tax return whether they owe Maine income tax or not. If the credit exceeds the amount of your individual income tax due for the tax year, the excess amount of credit will be refunded to you.

Who is eligible for the Property Tax Fairness Credit? Homeowners or renters who meet all of the following requirements:

  1. Were Maine residents during any part of the tax year;
  2. Owned or rented a home in Maine during any part of the tax year and lived in that home during the year as a primary residence;
  3. Paid property tax or rent on the primary residence in Maine during the tax year;
  4. Meet certain income and property tax and/or rent paid limitations during the tax year.
  5. Are not married filing separately.

How does someone apply for the refundable credit? To claim the credit, file Form 1040ME and Schedule PTFC or Schedule PTFC/STFC for the tax year during which the property tax or rent was paid.

Is assistance available to apply for the credit? Yes, Maine Revenue Services will assist taxpayers with Form 1040ME and Schedule PTFC or Schedule PTFC/STFC. For help, call 207-626-8475 weekdays 8:00am to 5:00pm or visit Maine Revenue Services at 51 Commerce Drive, Augusta, ME 04330, weekdays 8:00am 4:30pm. Closed on State recognized holidays.

Where can taxpayers get Form 1040ME and Schedule PTFC? Forms are available at Electronic Request Form or call 207-624-7894 to request that a printed form be mailed to you.

E-mail Questions or Call 207-626-8475 for additional information.