New Markets Capital Investment Credit Worksheet - Maine

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New Markets Capital Investment Credit Worksheet - Maine

New Markets Capital Investment Credit Worksheet is a legal document that was released by the Maine Revenue Services - a government authority operating within Maine.

FAQ

Q: What is the New MarketsCapital Investment Credit?
A: The New Markets Capital Investment Credit is a tax credit available in Maine.

Q: Who is eligible for the New Markets Capital Investment Credit?
A: Eligible entities include individuals, corporations, partnerships, and limited liability companies.

Q: How much is the tax credit?
A: The tax credit is equal to 39% of the qualified equity investment made in a certified community development entity.

Q: What is a qualified equity investment?
A: A qualified equity investment is an investment of capital in a certified community development entity.

Q: Who are certified community development entities?
A: Certified community development entities are organizations that have been certified by the U.S. Treasury Department to make investments in low-income communities.

Q: How can I claim the New Markets Capital Investment Credit?
A: You can claim the credit by completing the New Markets Capital Investment Credit Worksheet and including it with your Maine income tax return.

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Form Details:

  • Released on December 1, 2021;
  • The latest edition currently provided by the Maine Revenue Services;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Maine Revenue Services.

Download New Markets Capital Investment Credit Worksheet - Maine

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