Questions & Answers

What pension income is NOT eligible for the Maine Pension Income Deduction?

Pension benefits that do not qualify include the following:

  • Ineligible deferred compensation plan benefits
  • Refunds of excess contributions
  • Lump-sum distributions included on federal Form 4972
  • Distributions subject to the additional 10% federal tax on early distributions
  • Disability benefits reported as wages on your federal income tax return

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