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PrintClearDual Residence Reduction of Tax Credit Worksheet for Tax Year 2020 36 M.R.S. 5128Taxpayer Name: SSN: Name of other taxing jurisdiction: 1. a. Amount of income taxed by both jurisdictions

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The dual residence reduction is a tax provision that allows individuals with dual residency status to reduce their taxable income based on specific criteria.

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Individuals meeting the criteria for dual residency status are required to file the dual residence reduction form.

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The form for dual residence reduction can be filled out by providing the required information such as proof of residency in both locations and calculating the reduction based on the guidelines.

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The purpose of the dual residence reduction is to prevent double taxation on individuals with dual residency status by allowing them to reduce their taxable income.

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Information such as proof of residency in both locations, income earned in each location, and calculation of the reduction must be reported on the form.

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