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Bete Fillable Form Maine

Bete Fillable Form Maine

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all right for this video we want to take a closer look at the state earned income tax credit for maine right so maine is one of a number of states that have their own state version of the earned income tax credit so the federal earned income tax credit is certainly well known this is what's claimed on your form 1040 tax return every year and it's generally available for taxpayers that have certain types of lower income thresholds and qualifying children but it's also available to taxpayers that have no qualifying children but their income falls below certain thresholds so maine does have its own state version and it's computed as a percentage of the federal amount so in order to compute the main earned income tax credit we first have to complete our federal tax return right so john q taxpayer is the example we'll be working with here john is a single filer and you can see here he's got no dependence so he has no qualifying children for pu

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