1041ME Minimum Tax Credit Worksheet: Maine Minimum Tax Credit and Carryforward Worksheet (2025)
Maine · Maine Revenue Services · Used for tax years 2025
This worksheet calculates an estate’s or trust’s 2025 Maine minimum tax credit using its credit carryforward from 2024 and its 2025 Maine income tax liability. It also calculates the unused credit carried forward to 2026.
What you'll need
To complete the 2025 worksheet, have:
- The estate or trust name as shown on Form 1041ME and its EIN.
- The 2024 Maine Minimum Tax Credit Worksheet. Line 4 provides the carryforward amount to enter on line 1.
- The 2025 Form 1041ME. Line 6, excluding the minimum tax credit, provides the Maine income tax liability to enter on line 2.
Enter the credit calculated on worksheet line 3 on Form 1041ME, Schedule A, line 12.
Common mistakes
Do not forget to keep a copy of this worksheet if you have a Maine minimum tax credit carryforward to 2026. The worksheet says to submit that copy with your 2026 Maine estate or trust income tax return.
Questions people ask
Where do I find the carryforward from 2024?
Use line 4 of the 2024 Maine Minimum Tax Credit Worksheet. Enter that amount on line 1 of the 2025 worksheet.
What tax liability goes on line 2?
Enter the 2025 Maine income tax liability from Form 1041ME, line 6, excluding the minimum tax credit.
How do I calculate the 2025 Maine minimum tax credit?
Enter the lesser of worksheet line 1 or line 2 on line 3. Also enter that amount on Form 1041ME, Schedule A, line 12.
How do I calculate the carryforward to 2026?
Subtract line 3 from line 1 and enter the result on line 4. If you have a carryforward to 2026, keep a copy of the worksheet to submit with your 2026 Maine estate or trust income tax return.