941P-ME: Pass-through Entity Return of Maine Income Tax Withheld From Members (2024)
Maine · Maine Revenue Services · Used for tax years 2024
Form 941P-ME is a pass-through entity return reporting Maine income tax withheld from members for 2024. It reports withholding, estimated payments, any amount due or overpayment, and entity income and apportionment information.
Who files this form
Form 941P-ME is for pass-through entities reporting Maine income tax withheld from members for tax year 2024. The form asks whether the entity filed federal Form 1065 or federal Form 1120-S.
The provided form does not spell out which entities are required to file.
When it's due
For tax year 2024, covering January 1 through December 31, 2024, the printed filing deadline is March 17, 2025.
If the entity uses a fiscal tax year, enter its beginning and ending dates in the spaces provided.
What you'll need
Have these details and schedules ready:
- The entity’s name, address, and federal identification number.
- The total number of nonresident members.
- Schedule 2P, line 12, for the year’s pass-through entity withholding amount.
- The amount of estimated payments.
- Maine sales, everywhere sales, the Maine apportionment factor, and total entity income or loss for Schedule 1P.
- Schedule 3P if claiming the Compliant Taxpayer or Composite Filing exemption for any nonresident member.
If the entity has an ownership interest in another pass-through entity or received Maine-source income reported on Schedule K-1 from another pass-through entity, attach a statement listing each other entity’s name and FEIN.
How to file
File and pay electronically at revenue.maine.gov. The form states that electronic filing and payment requirements apply.
Enter the withholding amount from Schedule 2P, line 12, on line 1 and estimated payments on line 2. If line 1 is greater, enter the difference as the amount due on line 3a. If line 2 is greater, enter the difference as the refund amount on line 3b.
Complete the signature and contact fields. The provided form does not include a mailing address.
Common mistakes
- Overlooking electronic filing and payment requirements. The form directs entities to file and pay at revenue.maine.gov.
- Claiming an exemption without completing Schedule 3P. To claim the Compliant Taxpayer or Composite Filing exemption for any nonresident member, check box A and complete Schedule 3P.
- Leaving out the other-entity statement. If the entity has an ownership interest in another pass-through entity or received Maine-source income reported on Schedule K-1 from one, check the applicable box and attach a statement with each other entity’s name and FEIN.
- Omitting fiscal-year dates. If using a fiscal tax year, enter its beginning and ending dates.
Questions people ask
Can I let someone else discuss this return with Maine Revenue Services?
Yes. Select “Yes” in the Third Party Designee section and provide the designee’s name, phone number, and personal identification number.
How do I report an overpayment?
If estimated payments on line 2 exceed withholding on line 1, subtract line 1 from line 2 and enter the overpayment to be refunded on line 3b.
How do I claim a withholding exemption for a nonresident member?
To claim the Compliant Taxpayer or Composite Filing exemption, check box A and complete Schedule 3P. The form directs you to the Schedule 3P instructions.
How do I identify an amended return or an address change?
Check the applicable “Amended return” or “entity’s address changed” box on the form.