How to Calculate 2023 Maine State Income Tax by Using State Income Tax Table

1. Find your income exemptions 2. Find your pretax deductions, including 401K, flexible account contributions ... 3. Find your gross income 4. Check the 2023 Maine state tax rate and the rules to calculate state income tax 5. Calculate your state income tax step by step 6. If you want to simplify payroll tax calculations, you can downloadezPaycheck payroll software, which can calculate federal tax, state tax, Medicare tax, Social Security Tax and other taxes for you automatically. You can try it free for 30 days, with no obligation and no credt card needed. Learn more about the in house payroll tax solution for Maine small businesses here.

ezPaycheck: Small Business Payroll Solution

---

MAINE STATE TAX TABLES

In House Payroll Solution Calculate Federal & State Taxes! Print Paychecks, File W2, W3, 943 & 940. View Sample Checks Try ezPaycheck 30-day FREE demo.  ezPaycheck: Pay Employees On Time  How to Make Your Own Checks in House?  Lost a Form? Reprint W-2, 1099 In House Today!  ezAccounting Makes It Easy to Track Income and Cost 2026 Maine State Tax Witholding Table 2025 Maine State Tax Witholding Table 2024 Maine State Tax Witholding Table 2023 Maine State Tax Witholding Table 2022 Maine State Tax Witholding Table (2021  2020  2019  2018  2017  )

Tax rate used in calculating Maine state tax for year 2023 State Abbreviation: ME State Tax Withholding State Code: 23 Acceptable Exemption Form: W-4 or W-4ME Basis For Withholding: State Exemptions Acceptable Exemption Data: S, M, N / Number of Allowances TSP Deferred: Yes Special Coding: Determine the Total Number Of Allowances Claimed field as follows: First Position - S = Single; M = Married; Note: Previous Filing status N (Married - Filing Jointly) defaults to S (Single) Second and Third Positions - Enter the number of allowances claimed. If less than 10, precede with a zero. Additional Information: If the W-4 is used, code it as a state tax document. An employee who had a filing status of Married, Filing Jointly (N) and wants to claim Married (M) must complete a new W-4 with filing status (M).

Need a Better Way to Calculate Maine State Income Tax Withholdings?

Click here to view the step by step guide on
How to Calculate Maine State Income Tax Withholdings Automatically

How to Create After the Fact Paychecks and Generate the Paystubs

How to Calculate Federal Withholding Tax

How to Print Paychecks with Stubs on Blank Stock

Why the state income tax is not correct

Withholding Formula (Maine Effective 2023)

1. Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
   
   
2. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program, and flexible spending account - health care and dependent care deductions) from the amount computed in step 1.
   
   
3. Add the taxable biweekly fringe benefits (taxable life insurance, etc.) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.
   
   
4. Multiply the adjusted gross biweekly wages by 26 to obtain the annual wages.
   
   
5. Determine the exemption allowance by applying the following guideline and subtract this amount from the result of step 4 to determine the taxable income.

   Exemption Allowance = $4,700 x Number of Exemptions

6. If the annualized income determined under Step 1 is $91,500 or less for a single taxpayer, the Maine standard deduction amount for withholding purposes is $11,000. If the annualized income determined under Step 1 is $183,050 or less for a married taxpayer, the Maine standard deduction amount for withholding purposes is $24,850. If annualized income determined under step 1 is $166,500 or more for a single taxpayer or $333,050 or more for a married taxpayer, the Maine standard deduction amount is $0. If the annualized income determined under Step 1 is between $91,500 and $166,500 for a single taxpayer or between $183,050 and $333,050 for a married taxpayer, calculate the Maine standard deduction amount as follows:
   Single Taxpayers
   $11,000*(($166,500 - Amount from Step 1) $75,000)
   Married Taxpayers
   $24,850*($333,050 - Amount from Step 1) $150,000)
7. Apply the taxable income computed in step 6 to the following table to determine the annual Maine income tax withholding.
   
   

Tax Withholding Table Single (Filing Status S)
If the Amount of Taxable Income Is:		The Amount of Maine Tax Withholding Should Be:
Over:	But Not Over:				Of Excess Over:
$        0	$      24,500	$    0	plus	5.80%	$         0
24,500	58,050	1,421	plus	6.75%	24,500
58,050	and over	3,686	plus	7.15%	58,050




Married (Filing Status M)
If the Amount of Taxable Income Is:		The Amount of Maine Tax Withholding Should Be:
Over:	But Not Over:				Of Excess Over:
$         0	$      49,050	$      0	plus	5.80%	$        0
49,050	116,100	2,845	plus	6.75%	49,050
116,100	and over	7,371	plus	7.15%	116,100



8. Divide the annual Maine income tax withholding determined in step 6 by 26 and round to the nearest dollar to obtain the biweekly Maine income tax withholding.

More Payroll Information for Small Business