Maine Paycheck Calculator
Easily estimate take home pay after income tax so you can have an idea of what to possibly expect when planning your budget
Results
Income Before Tax
Take Home Pay
Total Tax
Average Tax Rate
$ = US Dollar
Income Before Tax
Federal Income Tax
State Income Tax
State Tax Credits
Social Security
Medicare
State Disability Insurance
State Paid Family and Medical Leave (PFML)
State Unemployment Insurance
State Worker Comp
State Transit Tax
Mental Health Services Tax
Local Income Tax
Total Tax
Take Home Pay
Federal Deductions
State Deductions
Average Tax Rate
Table of Contents
Summary
Enter your employment income into the paycheck calculator above to estimate how taxes in Maine, USA may affect your finances. You'll then get your estimated take home pay, an estimated breakdown of your potential tax liability, and a quick summary down here so you can have a better idea of what to possibly expect when planning your budget.
This paycheck calculator also works as an income tax calculator for Maine, as it shows you how much income tax you have to pay based on your salary and personal details.
To learn more about Maine, its income tax, and tax brackets, so that you can get a deeper understanding of how your budget and finances may be affected, scroll down to the detail section below!
Frequently Asked Questions
What is the income tax rate in Maine?
The state income tax rate in Maine is progressive and ranges from 5.8% to 7.15% while federal income tax rates range from 10% to 37% depending on your income. This paycheck calculator can help estimate your take home pay and your average income tax rate.
How many income tax brackets are there in Maine?
The state income tax system in Maine has three different tax brackets. For more details, check out our detail section.
How Your Maine Paycheck Works
Located in the northeastern corner of the United States, Maine is a state that offers something for everyone. Whether you’re drawn to its scenic coastline, its vibrant cities, its rich history, or its delicious seafood, you’ll find plenty of reasons to love living and working in the Pine Tree State. As you enjoy the perks of being a Mainer, you should also be aware of your finances. How does your paycheck work? What's taken out of it before you get your take home pay? Let's take a look.
When you start a job, your employer will ask you to complete a federal Form W-4 and a state Form W-4ME when you start working. This is because your paycheck will have both federal and state income tax taken out from it. These forms determine how much of each will be withheld from your paychecks based on your filing status, income, and other factors. You can and should update these forms anytime if your situation changes.
Federal income tax is a progressive tax that applies to your taxable income, which is your gross pay minus certain adjustments and deductions. The federal government uses the revenue from this tax to fund various programs and services, such as national defense, education, health care, and infrastructure. Paying federal income tax is part of your civic duty as a citizen or resident of the United States.
As for Maine, the state also has a progressive income tax system. Here, the rates range from 5.8% to 7.15%, depending on your taxable income and filing status. The more you earn, the higher your tax rate will be. This means that Maine taxes higher-income earners at a higher percentage than lower-income earners. As far as income goes, the system is designed to ensure that everyone pays their fair share of taxes according to their ability to pay.
Besides federal and state income taxes, you will also pay FICA taxes for Social Security and Medicare. These are flat rates of 6.2% and 1.45%, respectively, of your gross pay up to certain limits. The former sees a limit on applicable income of $147,000 in 2022 while the latter has no limit. Your employer will match these amounts and pay them to the federal government on your behalf. These taxes help fund the social safety net programs that provide retirement, disability, and health benefits to millions of Americans. Note that those with high incomes over a certain level will also see a 0.9% Medicare surtax on top.
You may also have some voluntary items taken from your paycheck, such as health insurance premiums, retirement contributions, or other benefits. These can help you save money for future goals, protect yourself and your family from unforeseen events, or enjoy some perks that enhance your quality of life.
Some contributions are pre-tax, which means they are taken out of your gross pay before taxes are calculated. These would reduce your taxable income and decrease your tax liability. In other words, lower taxes.
On the other hand, some contributions are post-tax, which means they are taken out of your net pay after taxes are calculated. As a result, these wouldn't affect your tax liability. They would only reduce your net pay.
You should review your benefits periodically to make sure these voluntary contributions are accurate and reflect your preferences.
How often you get paid is another factor that affects how much you take home from your paycheck. Some employers pay their employees weekly, biweekly, semi-monthly, or monthly.
The more frequently you get paid, the smaller each of your paychecks will be. The less frequently you get paid, the larger each of your paychecks will be.
This means that you need to plan your spending and saving habits accordingly. If you get paid monthly, you’ll have a bigger lump sum to work with, but you’ll also have to stretch it out until the next month’s paycheck comes in.
State Income Tax Brackets
For 2022 tax year
| Taxable Income (USD) | Tax Rate |
|---|---|
| First 23,000 | 5.8% |
| From 23,000 to 54,450 | 6.75% |
| From 54,450 onwards | 7.15% |
For 2022 tax year
| Taxable Income (USD) | Tax Rate |
|---|---|
| First 46,000 | 5.8% |
| From 46,000 to 108,900 | 6.75% |
| From 108,900 onwards | 7.15% |
For 2022 tax year
| Taxable Income (USD) | Tax Rate |
|---|---|
| First 34,500 | 5.8% |
| From 34,500 to 81,700 | 6.75% |
| From 81,700 onwards | 7.15% |
Those that are married filing jointly see the same tax rate range, but have their tax bracket amounts increased.
Both a state standard deduction and a personal exemption exist and vary depending on your filing status and income. Along with a few other other states, the state standard deduction amounts are based off of the federal standard deduction amounts. Note that both the state standard deduction and personal exemption amounts are lowered for high income earners up to a point where they are then phased out completely.
More From Investomatica:
For sales tax, please visit our Maine Sales Tax Rates and Calculator page.
Calculate Your Paycheck in Other States and US Regions
Calculate Your Paycheck in Other Parts of North America
Disclaimer
- The content shown on this page is strictly for educational purposes only. It does not represent advice nor is it a substitute for a professional advisor.
- Estimated results are just estimates. They are not a guarantee of future results.
- Tax situations vary widely and calculations can get very complex. This paycheck calculator only provides a rough estimate according to the most common scenarios for standard employment income that comes from an employer. If you are self-employed, your taxes might differ.
- There may be additional deductions, credits, exemptions, allowances, reliefs, etc depending on many factors. Some factors are about your family such as the number of dependents, children, relatives, parents, etc. Other factors may include mortgage payments, property depreciation, charitible donations, additional voluntary retirement contributions, etc. Whether or not you are handicapped and/or disabled may also sometimes be an additional factor.
- Depending on region and jurisdiction, salary bonuses may be treated and taxed differently from standard salary.
- Calculators from other sites may show slightly different numbers due to different deductions/credits being included or they are based on data from a different year.
- Generally, we review changes once a year since tax codes usually change once a year. If you notice a major miscalculation or error with our paycheck calculator (most likely caused by a typo somewhere), feel free to direct message us on twitter and let us know. However, if you have specific questions about your own personal situation, please consult a licensed tax professional.
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