This version of the form is not currently in use and is provided for reference only. Download this version of the document for the current year.
Credit for Wellness Programs Worksheet is a legal document that was released by the Maine Revenue Services - a government authority operating within Maine.
Q: What is the credit for wellness programs in Maine?
A: The credit for wellness programs in Maine is a tax credit available to businesses that offer wellness programs to their employees.
Q: Who is eligible for the credit?
A: Any business in Maine that offers a wellness program to their employees is eligible for the credit.
Q: How much is the credit?
A: The credit is equal to 1% of the cost of the wellness program, up to a maximum credit of $500.
Q: What expenses qualify for the credit?
A: Expenses related to the design, implementation, and administration of a wellness program qualify for the credit.
Q: How can businesses claim the credit?
A: Businesses can claim the credit on their Maine income tax return using Form 1310.
Q: Is there a limit to the number of years the credit can be claimed?
A: No, there is no limit to the number of years the credit can be claimed.
Q: Are there any other requirements to claim the credit?
A: Yes, businesses must provide written documentation of the wellness program and its expenses when claiming the credit.
Q: Is the credit refundable?
A: No, the credit is non-refundable and can only be used to offset Maine income tax liability.
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Maine Revenue Services.