Maine Sales Tax Information
Maine’s sales tax rate is 5.50%. The base sales tax rate applies to most tangible goods. Maine is considering a new seasonal sales tax for 2024, which generally targets tourists.
Maine Tax System Overview
Maine’s tax system makes it relatively easy for the government to collect money. Businesses find sales tax simpler to calculate and collect than other taxes. Maine’s system of sales taxes is largely fair and equitable.
Maine Income Tax Details
Maine income tax forms are published at the end of each calendar year. The state income tax rates in Maine range from 5.8% to 7.15%. Maine does not tax certain sources of income. Retirees may qualify for certain deductions and credits to reduce taxes.
Maine Local Sales Tax Details
In Maine, there is no county or city sales tax. The state sales tax rate is 5.5%. Certain purchases in Maine may have different tax rates.
Maine Income Tax and Sales Tax for Nonresidents
Nonresidents receiving Maine source income must file Maine taxes. Tax rates range from 5.8% to 7.15%. The sales tax rate remains at 5.5%.
2023 Maine Real Estate and Unemployment Tax
In December 2022, 1,234 houses sold in Maine. Prices are expected to stabilize in 2023. 2023 unemployment tax rates in Maine range from 0.22% to 5.69%.
Reasons for Tax Increases
There may be tax increases due to changes in tax structure or inflation.
Illinois Tax Information
Illinois has a flat income tax rate of 4.95%. Taxpayers had to submit their 2022 state income taxes by a certain deadline. There are no changes in tax rates for 2024 in Illinois.