2008
SCHEDULES 1 & 2
See instructions on pages 9 and 10.
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Enclose with your Form 1040ME
2
Attachment Sequence No.
*0802102*
Name(s) as shown on Form 1040ME
Your Social Security Number
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SCHEDULE 1 — INCOME MODIFICATIONS
1
ADDITIONS to federal adjusted gross income.
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,
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a
Income from municipal and state bonds, other than Maine .......................................................
1a
,
,
.
b
Net Operating Loss Recovery Adjustment (Attach a schedule showing your calculation) ........
1b
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,
.
c
Maine Public Employees Retirement System Contributions .....................................................
1c
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,
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d
Domestic Production Activities Deduction Add-back (See instructions) ....................................
1d
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,
.
e
Bonus Depreciation and Section 179 Expense Add-back (See instructions) ............................
1e
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,
.
f
Fiduciary Adjustment - additions only (Attach a copy of your federal Schedule K-1) ................
1f
g
Other (See instructions). List the type and amount of income items included (Attach
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supporting documentation) ______________________________________ ........................
1g
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h
Total additions (Add lines 1a through 1g) ..................................................................................
1h
2
SUBTRACTIONS from federal adjusted gross income.
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a
U.S. Government Bond interest included in federal adjusted gross income (See instructions) ......
2a
,
,
.
b
State Income Tax Refund (Only if included in federal adjusted gross income) .........................
2b
c
Social Security and Railroad Retirement Benefi ts included in federal adjusted gross
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,
.
income (See instructions) ..........................................................................................................
2c
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d
Pension Income Deduction (Complete and attach the worksheet on back) ..............................
2d
e
Interest from Maine Municipal General Obligation, Private Activity and Airport Authority
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Bonds included in federal adjusted gross income (See instructions) ........................................
2e
f
Premiums for Long-Term Care Insurance (Do not include health insurance premiums on this line)
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NOTE: If you itemize deductions or are self-employed, complete and attach the worksheet on back .......
2f
g
Maine Public Employees Retirement System Pick-Up Contributions paid to the taxpayer
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during 2008 which have been previously taxed by the state .....................................................
2g
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h
Contributions to Qualifi ed Tuition Programs - 529 Plans (See instructions) ..............................
2h
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.
i
Fiduciary Adjustment - subtractions only (Attach a copy of your federal Schedule K-1) ...........
2i
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j
Bonus Depreciation and Section 179 Recapture (See instructions) .........................................
2j
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k
Other. List ___________________________________________ (See instructions) ...........
2k
(Do not enter non-Maine source income on line 2k)
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l
Total Subtractions (Add lines 2a through 2k) .............................................................................
2l
3
Net Modifi cation (Subtract line 2l from line 1h — enter here and on 1040ME, page 1, line 15)
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(If negative, enter a minus sign in the box to the left of the number) .....................................
3
SCHEDULE 2 — ITEMIZED DEDUCTIONS
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4
Total itemized deductions from federal Form 1040, Schedule A, line 29 ........................................
4
5
a
Income taxes imposed by this state or any other taxing jurisdiction or general sales taxes and mortgage
insurance premiums included in line 4 above from federal Form 1040, Schedule A, line 5 or line 13.
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(See instructions if Form 1040ME, line 14 exceeds $159,950 [$79,975 if Married Filing Separately]) ....
5a
b
Deductible costs, included in line 4 above, incurred in the production of Maine exempt
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income (See instructions) .........................................................................................................
5b
c
Amounts included in line 4 that are also being claimed for the Family Development
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Account Credit on Maine Schedule A, line 18 ..........................................................................
5c
d
Amount included in line 4 attributable to income from an ownership interest in a
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pass-through entity fi nancial institution ....................................................................................
5d
6
Deductible costs of producing income exempt from federal income tax, but taxable by
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Maine (See instructions) .................................................................................................................
6
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7
Line 4 minus lines 5a, b, c, and d plus line 6. Enter result here and on 1040ME, page 1, line 17 ........
7
Note: If the amount on line 7 is less than your allowable standard deduction, use the standard deduction.
If Married Filing Separately, however, both spouses must either itemize or use the standard deduction.
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