Knowledge Base

How Do I Update My Maine Tax Tables?


Where do I find the tax tables?

For ME tax tables, you will need the current "Withholding Tables for Individual Income Tax" publication from the ME Department of Revenue.

Which tables do I use?

Use the annual percentage formula tables method of withholding. Figure 1 shows an example.

Note that the figures shown in this document are for demonstration purposes only, and may not be current. Please consult the current publication for the most up-to-date information. Though the figures change periodically, the method of calculation should remain the same. If the calculation method has changed for this state please notify the webmaster.


Figure 1 - 2024 Annual Percentage Tables

How to setup/update the tables in PowerChurch Plus

To setup/update PowerChurch Plus with the state tax tables shown in Figure 1 above, select the Accounting menu, Payroll, Setup, then Maintain Tax Tables. A separate table will need to be created for the single and married table rates. Maine tax tables were redesigned for the 2024 tax year, so you will see Maine (pre-2024) and Maine (post-2024) tax table types in PowerChurch. You will receive a warning if employees have old style tables assigned on or after 01/01/2024.

Click Add to enter a new table, or use the Find/Locate buttons to select an existing ME tax table to update. When adding a new table, you will be prompted for the type of tax table you're adding. Select State: Maine (Post-2024). For each table, enter the following information:

  • Description: Enter a unique name to identify the tax table (for example, "ME State Tax - Single").
  • Tax type: The type of tax in which this table applies. In this instance, select ME State Tax.
  • Withholding allowance: Enter the amount for one withholding allowance. Figure 1 shows an example from the Withholding Tables publication.
  • Standard deduction: Use the amounts highlighted in Figure 1 to complete the standard deduction calculation statement.
  • Round tax to nearest whole dollar: Check this box to round the calculated tax amount to the nearest whole dollar.
  • Annual Rate Table: Click the Annual Rate Table tab. From the annual percentage tables (Figure 1), for each bracket enter the maximum income amount to which the rate applies and the tax rate.

Figure 3 - ME State Tax Tables 2024 (Deduction and Exemption Information)
 
When you are finished, the screen should look something like this:


Figure 3a - ME State Single Tax Table (Deduction and Exemption Info)
 
Figure 3b - ME State Tax Single (Annual Rate Table)

Follow the instructions just described for the married withholding table.


Created: 12/03/2009
Last updated: 01/04/2024