Maine Revenue Services Issues Revised Guidance on Residency Safe Harbors for Income Taxpayers

Maine Revenue Services March 1 issued revised guidance on determining the residency status of individuals spending time outside of the state, for individual income tax purposes. The document includes: 1) the requirements when individuals domiciled in Maine, but absent for long periods of time, may be treated as nonresidents under either the general safe harbor exception or the foreign safe harbor exception; 2) return filing requirements for qualifying individuals under either exception; 3) examples of both types of safe harbor exceptions; and 4) the calculation method to compute the percentage of days in each taxable year spent in Maine. [Me. ...