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section 5220, subsection 2. That individual's tax shall | computed, pursuant to section 5111 4 | | that individual were a nonresident individual, except that the | numerator of the apportionment ratio shall be comprised of | | comprises the individual's Maine adjusted gross income, as defined | | in section 5102, subsection 1-C, paragraph A, for the portion of | the taxable year during which that individual was a resident, | | that individual's Maine adjusted gross income, as defined in | | section 5102, subsection 1-C, paragraph B, for the portion of the | | taxable year during which that individual was a nonresident. The | part-year resident shallbe | | by section 5217-A, computed as if the individual's Maine adjusted | gross income for the entire year wereof | portion which | | which that individual was a resident. |
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| | | Sec. A-13. 36 MRSA c. 841, as amended, is repealed. |
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| | | Sec. A-14. Application. This Part applies to tax years beginning on | | or after January 1, 2006. |
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| | | Sec. B-1. 36 MRSA §5124-A, first ¶, as amended by PL 2005, c. 12, Pt. | | P, §5, is further amended to read: |
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| | | The standard deduction of a resident individual is equal to | | the standard deduction as determined in accordance with the Code, | | Section 63, except that for tax years beginning after 2002 but | | before 2006, the Code, Section 63(c)(2) must be applied as if the | | basic standard deduction is $5,000 in the case of a joint return | | and a surviving spouse and $2,500 in the case of a married | | individual filing a separate return. |
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| | | Sec. B-2. 36 MRSA §5126, as amended by PL 2001, c. 583, §16, is | | further amended to read: |
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| | | §5126. Personal exemptions |
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| | | For income tax years beginning on or after January 1, 1998 but | before January 1, 1999, a resident individual is allowed $2,400 | for each exemption that the individual properly claims for the | taxable year for federal income tax purposes, unless the taxpayer | is claimed as a dependent on another return. For income tax | years beginning on or after January 1, 1999 but before January 1, | 2000, a resident individual is allowed $2,750 for each exemption | that the individual properly claims for the taxable year for | federal income tax purposes, unless the taxpayer is claimed as a | dependent on another return. |
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