Maine tax credits and incentives
Review the program rules and claim timing below, then confirm the requirements with the administering agency.
This directory is not tax advice. Confirm eligibility, tax-year rules, deadlines and filing requirements with a tax professional.
Amounts are subject to the conditions in each listing. A source review does not mean applications are open or that a business qualifies.
1 program
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Maine seed capital investment credit
Tax credit
Up to 40% of qualifying cash investment; generally 25% of the authorized credit each year for four years, with a 50%-of-tax-liability limit. [Maine seed capital credit worksheet]
Check program requirements [Maine seed capital credit worksheet]
Eligibility, claim steps and deadlines for Maine seed capital investment credit
- Who qualifies
- Investors with FAME-certified cash investments in eligible Maine ventures, directly or through qualifying venture funds. [Maine seed capital credit worksheet]
- What it’s worth
- Up to 40% of qualifying cash investment; generally 25% of the authorized credit each year for four years, with a 50%-of-tax-liability limit. [Maine seed capital credit worksheet]
- How to claim
- Attach the credit certificate and Seed Capital Investment Tax Credit Worksheet to Form 1040ME, 1041ME or 1120ME. [Maine seed capital credit worksheet]
- Deadlines and application windows
- Four-year claim period starts in the investment year; unused credits may carry forward up to 15 years. The worksheet does not publish a certification application window. [Maine seed capital credit worksheet]
Sources reviewed
Full details and sources for Maine seed capital investment credit