For tax years beginning on or after January 1, 2016 but before January 1, 2018, the standard deduction of a resident individual is equal to the sum of the basic standard deduction and any additional standard deduction, subject to the phase-out under subsection 3.

1. 1. Basic standard deduction The basic standard deduction is:

   1. A. For single individuals and married persons filing separate returns, the basic standard deduction is $11,600;

      [PL 2015, c. 267, Pt. DD, §14 (NEW).]

   2. B. For individuals filing as heads of household, the basic standard deduction is the amount allowed under paragraph A multiplied by 1.5; and

      [PL 2015, c. 267, Pt. DD, §14 (NEW).]

   3. C. For individuals filing married joint returns or surviving spouses, the basic standard deduction is the amount allowed under paragraph A multiplied by 2.

      [PL 2015, c. 267, Pt. DD, §14 (NEW).]

   [PL 2015, c. 267, Pt. DD, §14 (NEW).]

2. 2. Additional standard deduction The additional standard deduction is the amount allowed under the Code, Section 63(c)(3).

   [PL 2015, c. 267, Pt. DD, §14 (NEW).]

3. 3. Phase-out The total standard deduction of the taxpayer determined in accordance with subsections 1 and 2 must be reduced by an amount equal to the total standard deduction multiplied by the following fraction:

   1. A. For single individuals and married persons filing separate returns, the numerator is the taxpayer's Maine adjusted gross income less $70,000, except that the numerator may not be less than zero, and the denominator is $75,000. In no case may the fraction contained in this paragraph produce a result that is more than one;

      [PL 2017, c. 474, Pt. B, §1 (AMD).]

   2. B. For individuals filing as heads of households, the numerator is the taxpayer's Maine adjusted gross income less $105,000, except that the numerator may not be less than zero, and the denominator is $112,500. In no case may the fraction contained in this paragraph produce a result that is more than one; or

      [PL 2017, c. 474, Pt. B, §1 (AMD).]

   3. C. For individuals filing married joint returns or surviving spouses, the numerator is the taxpayer's Maine adjusted gross income less $140,000, except that the numerator may not be less than zero, and the denominator is $150,000. In no case may the fraction contained in this paragraph produce a result that is more than one.

      [PL 2017, c. 474, Pt. B, §1 (AMD).]

   [PL 2017, c. 474, Pt. B, §1 (AMD).]

PL 2015, c. 267, Pt. DD, §14 (NEW). PL 2017, c. 170, Pt. D, §§5, 6 (AMD). PL 2017, c. 474, Pt. B, §1 (AMD).