Form 502v "Use of Vehicle for Charitable Purposes" - Maryland

What Is Form 502v?

This is a legal form that was released by the Comptroller of Maryland - a government authority operating within Maryland. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on January 1, 2017;
  • The latest edition provided by the Comptroller of Maryland;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form 502v by clicking the link below or browse more documents and templates provided by the Comptroller of Maryland.

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Download Form 502v "Use of Vehicle for Charitable Purposes" - Maryland

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2017
USE OF VEHICLE FOR
MARYLAND
FORM
CHARITABLE PURPOSES
502V
Attach to your tax return.
Your first name
Initial
Last name
Social Security Number
Spouse’s first name
Initial
Last name
Social Security Number
Qualifying Organization*
* Qualifying Organizations are nonprofit volunteer fire companies and other organizations qualified under Section 170 of the
Internal Revenue Code, whose principal purpose or function is to provide medical, health or nutritional care.
1. Total mileage incurred in providing qualifying services. . . . . . . . . . . . . . . . 1.
2. Multiply line 1 by 53.5¢ (.535) and enter that amount here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. $
3. Reimbursement received for mileage on line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. $
4. Amount included as an itemized deduction on your Maryland return (See Instructions.) . . . . . . . . . 4. $
5. Total Maryland deductions from mileage allowance (Add lines 3 and 4.) . . . . . . . . . . . . . . . . . . . . . 5. $
6. Modifications for charitable vehicle expenses (Subtract line 5 from line 2.)
Enter on line q of Form 502SU or line q of Form 505SU . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. $
INSTRUCTIONS
COMPUTATION OF SUBTRACTION
The amount must be reduced by any reimbursement received
for the charitable travel. The amount also must be reduced by
You may subtract from federal adjusted gross income
any portion which is claimed as an itemized deduction on your
unreimbursed
automobile
travel
expenses
incurred
in
Maryland income tax return for charitable vehicle expenses.
connection with service as a volunteer for a nonprofit volunteer
fire company or other qualified organization. A qualified
Total Mileage on line 1 of Form 502V should include the
organization is an organization defined by Section 170 of the
mileage traveled from home, performing the service and
Internal Revenue Code whose principal purpose or function is
returning home. You should maintain the appropriate
to provide medical, health or nutritional care.
documentation.
You may subtract the unreimbursed vehicle expense incurred
For
more
information,
visit
our
Web
site
at
www.
marylandtaxes.gov or email your question to TAXHELP@
while providing assistance, other than providing transportation,
to handicapped individuals, as defined in Section 190 of the
comp.state.md.us. You may also call 1-800-638-2937 or from
Internal Revenue Code, who are enrolled as students in
Central Maryland 410-260-7980.
Maryland community colleges.
The charitable expense modification is 53.5 cents per mile to
the extent this amount is unreimbursed.
COM/RAD 018
2017
USE OF VEHICLE FOR
MARYLAND
FORM
CHARITABLE PURPOSES
502V
Attach to your tax return.
Your first name
Initial
Last name
Social Security Number
Spouse’s first name
Initial
Last name
Social Security Number
Qualifying Organization*
* Qualifying Organizations are nonprofit volunteer fire companies and other organizations qualified under Section 170 of the
Internal Revenue Code, whose principal purpose or function is to provide medical, health or nutritional care.
1. Total mileage incurred in providing qualifying services. . . . . . . . . . . . . . . . 1.
2. Multiply line 1 by 53.5¢ (.535) and enter that amount here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. $
3. Reimbursement received for mileage on line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. $
4. Amount included as an itemized deduction on your Maryland return (See Instructions.) . . . . . . . . . 4. $
5. Total Maryland deductions from mileage allowance (Add lines 3 and 4.) . . . . . . . . . . . . . . . . . . . . . 5. $
6. Modifications for charitable vehicle expenses (Subtract line 5 from line 2.)
Enter on line q of Form 502SU or line q of Form 505SU . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. $
INSTRUCTIONS
COMPUTATION OF SUBTRACTION
The amount must be reduced by any reimbursement received
for the charitable travel. The amount also must be reduced by
You may subtract from federal adjusted gross income
any portion which is claimed as an itemized deduction on your
unreimbursed
automobile
travel
expenses
incurred
in
Maryland income tax return for charitable vehicle expenses.
connection with service as a volunteer for a nonprofit volunteer
fire company or other qualified organization. A qualified
Total Mileage on line 1 of Form 502V should include the
organization is an organization defined by Section 170 of the
mileage traveled from home, performing the service and
Internal Revenue Code whose principal purpose or function is
returning home. You should maintain the appropriate
to provide medical, health or nutritional care.
documentation.
You may subtract the unreimbursed vehicle expense incurred
For
more
information,
visit
our
Web
site
at
www.
marylandtaxes.gov or email your question to TAXHELP@
while providing assistance, other than providing transportation,
to handicapped individuals, as defined in Section 190 of the
comp.state.md.us. You may also call 1-800-638-2937 or from
Internal Revenue Code, who are enrolled as students in
Central Maryland 410-260-7980.
Maryland community colleges.
The charitable expense modification is 53.5 cents per mile to
the extent this amount is unreimbursed.
COM/RAD 018