MOUNT VERNON — The Dr. Shaw Memorial Library, 344 Pond Road, plans to host an information meeting at 4 p.m. Saturday, Jan. 28, about 2022 federal and Maine tax returns.

David Fuller, a certified AARP tax-aide counselor, will discuss changes affecting 2022 returns and answer questions about income taxes and the Tax-Aide Program.

Among the changes in Maine tax law are enhancements to the Property Tax Fairness Credit and the Earned Income Tax Credit, a significant increase in the Pension Income Deduction, and major revisions to the Education Opportunity Tax Credit, according to a news release from librarian Alice Olson.

Low-income taxpayers should note that the only way to receive the Maine Property Tax Fairness Credit and the Sales Tax Fairness Credit is to file a Maine Income Tax return. Even if taxpayers pays no income tax they may be eligible for these credits. These may be worth several hundred dollars, depending on their circumstances, and more in 2022 than in previous years.

For more information, call the library at 207-293-2502.

 

 

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