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Maine Program Eligibility

Property Tax-Aide features three program in Maine: Property Tax Fairness Credit Circuit Breaker, and the Homestead Exemption Program.

The information on this page is updated as new information becomes available by the relevant tax agencies.

Read more about property tax relief programs in your area.

Property Tax Fairness Credit Circuit Breaker

Eligible Maine taxpayers may receive a portion of the property tax or rent paid during the tax year on the Maine individual income tax return, whether they owe Maine income tax or not. If the credit exceeds the amount of your individual income tax due for the tax year, the excess amount of credit will be refunded to you. The maximum credit is $1,000 or $1,500 for those 65 or older.

Application Deadline

  • April 17, 2024
  • You have to file a Maine income tax return, even if your income subject to Maine income tax is less than the sum of the Maine standard deduction plus your personal exemption.

Property Tax Deferral

The State Property Tax Deferral Program is a lifeline loan program that can cover the annual property tax bills of Maine people who are ages 65 and older or are permanently disabled and who cannot afford to pay them on their own. The loan program allows Maine’s most vulnerable community members to age in place and ensures that property taxes are still delivered to municipalities, requiring repayment of the loan once the property is sold or becomes part of an estate.

Once your application is approved, you may continue to defer the property taxes on your homestead in future years as long as there is no change in circumstances that might lead to disqualification or removal.

Application Deadline

  • You must file an application with your local municipal assessor between January 1 and April 1.
  • The municipal assessor will verify certain information, then forward the application to Maine Revenue Services for review. MRS will review your application and may request additional information from you to confirm your eligibility for the program.

Homestead Exemption Program

The homestead exemption provides a reduction of up to $25,000 in the value of your home for property tax purposes.

Application Deadline

  • An application must be filed on or before April 1 with the municipality where the property is located.
  • Forms filed after April 1 of any year will apply to the subsequent year tax assessment.

Property Tax-Aide has independently selected the property tax relief programs featured on this website that we think are the most relevant and beneficial to older adults. It is not an exhaustive list of all property tax relief programs available in each state. Please consult your local tax agency for a comprehensive listing of property tax relief programs in your area.

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