Maryland Form 502SU (COM / RAD-026) Subtractions From Income - Maryland

What Is Maryland Form 502SU (COM/RAD-026)?

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

FAQ

Q: What is Form 502SU?A: Form 502SU is a Maryland tax form used to report subtractions from income.

Q: What are subtractions from income?A: Subtractions from income are expenses or deductions that can be subtracted from your total income to reduce your taxable income.

Q: Who needs to file Form 502SU?A: Maryland residents who have eligible subtractions from income need to file Form 502SU.

Q: What kinds of expenses can be claimed as subtractions from income?A: Examples of expenses that may be eligible for subtractions from income include student loan interest, contributions to retirement accounts, and certain business expenses.

Q: When is the deadline to file Form 502SU?A: Form 502SU must be filed by the same deadline as your Maryland income tax return, which is typically April 15th.

Q: Do I need to attach any supporting documents to Form 502SU?A: Yes, you may need to attach supporting documents such as copies of receipts or other proof of expenses.

Q: What happens if I make a mistake on Form 502SU?A: If you make a mistake on Form 502SU, you may need to file an amended tax return to correct the error.