Skip to content
Merged
Show file tree
Hide file tree
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
1 change: 1 addition & 0 deletions changelog.d/me-stfc-2025.fixed.md
Original file line number Diff line number Diff line change
@@ -0,0 +1 @@
Updated the Maine Sales Tax Fairness Credit base amount and phase-out start for 2025.
Original file line number Diff line number Diff line change
Expand Up @@ -4,6 +4,7 @@ SINGLE:
2021-01-01: 130
2023-01-01: 140
2024-01-01: 150
2025-01-01: 155
uprating:
parameter: gov.irs.uprating
rounding:
Expand All @@ -15,6 +16,7 @@ JOINT:
2022-01-01: 185
2023-01-01: 200
2024-01-01: 210
2025-01-01: 220
uprating:
parameter: gov.irs.uprating
rounding:
Expand All @@ -34,6 +36,7 @@ HEAD_OF_HOUSEHOLD:
2022-01-01: 185
2023-01-01: 200
2024-01-01: 210
2025-01-01: 220
uprating:
parameter: gov.irs.uprating
rounding:
Expand All @@ -45,6 +48,7 @@ SURVIVING_SPOUSE:
2022-01-01: 185
2023-01-01: 200
2024-01-01: 210
2025-01-01: 220
uprating:
parameter: gov.irs.uprating
rounding:
Expand All @@ -67,6 +71,8 @@ metadata:
href: https://www.maine.gov/revenue/sites/maine.gov.revenue/files/inline-files/23_1040me_sched_pstfc_ff.pdf#page=4
- title: 2024 Form 1040ME Property Tax Fairness Credit / Sales Tax Fairness Credit
href: https://www.maine.gov/revenue/sites/maine.gov.revenue/files/inline-files/23_1040me_sched_pstfc_ff.pdf#page=4
- title: 2025 Form 1040ME Property Tax Fairness Credit / Sales Tax Fairness Credit
href: https://www.maine.gov/revenue/sites/maine.gov.revenue/files/inline-files/25_1040me_sch_ptfc_fillable.pdf#page=4
period: year
label: Maine sales tax fairness credit base amount
breakdown:
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -17,6 +17,8 @@ metadata:
href: https://www.maine.gov/revenue/sites/maine.gov.revenue/files/inline-files/23_1040me_sched_pstfc_ff.pdf#page=4
- title: 2024 Form 1040ME Property Tax Fairness Credit / Sales Tax Fairness Credit
href: https://www.maine.gov/revenue/sites/maine.gov.revenue/files/inline-files/23_1040me_sched_pstfc_ff.pdf#page=4
- title: 2025 Form 1040ME Property Tax Fairness Credit / Sales Tax Fairness Credit
href: https://www.maine.gov/revenue/sites/maine.gov.revenue/files/inline-files/25_1040me_sch_ptfc_fillable.pdf#page=4
breakdown:
- filing_status
SINGLE:
Expand All @@ -25,6 +27,7 @@ SINGLE:
2022-01-01: 21_850
2023-01-01: 23_300
2024-01-01: 24_750
2025-01-01: 25_450
uprating:
parameter: gov.irs.uprating
rounding:
Expand All @@ -44,6 +47,7 @@ HEAD_OF_HOUSEHOLD:
2022-01-01: 32_800
2023-01-01: 34_950
2024-01-01: 37_100
2025-01-01: 38_200
uprating:
parameter: gov.irs.uprating
rounding:
Expand All @@ -55,6 +59,7 @@ JOINT:
2022-01-01: 43_700
2023-01-01: 46_600
2024-01-01: 49_500
2025-01-01: 50_950
uprating:
parameter: gov.irs.uprating
rounding:
Expand All @@ -66,6 +71,7 @@ SURVIVING_SPOUSE:
2022-01-01: 43_700
2023-01-01: 46_600
2024-01-01: 49_500
2025-01-01: 50_950
uprating:
parameter: gov.irs.uprating
rounding:
Expand Down
Original file line number Diff line number Diff line change
Expand Up @@ -67,3 +67,13 @@
me_sales_and_property_tax_fairness_credit_income: 50_000
output:
me_sales_tax_fairness_credit: 0

- name: 2025 ME STFC matches Schedule PTFC/STFC line 17 table for MFJ with 2 deps at income ~$52.6K
period: 2025
input:
me_sales_tax_fairness_credit_eligible: true
ctc_qualifying_children: 2
filing_status: JOINT
me_sales_and_property_tax_fairness_credit_income: 52_630
output:
me_sales_tax_fairness_credit: 240
Loading