Form 502v - Maryland Use Of Vehicle For Charitable Purposes - 2005
Download a blank fillable Form 502v - Maryland Use Of Vehicle For Charitable Purposes - 2005 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 502v - Maryland Use Of Vehicle For Charitable Purposes - 2005 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1FORM
2005
MARYLAND
502V
USE OF VEHICLE FOR CHARITABLE PURPOSES
Attach to your tax return
Your first name and initial
Last name
Social security number
Spouse’s first name and 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 from 1/01/2005 through 8/31/2005 .... _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
2. Multiply line 1 by 40.5¢ (.405) and enter that amount here ......................................................
$_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
3. Total mileage incurred in providing qualifying services from 09/01/2005 through 12/31/2005 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
4. Multiply line 3 by 48.5¢ (.485) and enter that amount here ......................................................
$_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
5. Add lines 2 and 4 and enter the total here................................................................................
$_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
6. Reimbursement received for mileage on lines 1 and 3 ............................................................ $ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
7. Amount included as an itemized deduction on your Maryland return (See Instructions) ........ $ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
8. Total Maryland deductions from mileage allowance (Add lines 6 and 7)..................................
$_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
9. Modification for charitable vehicle expenses (Subtract line 8 from line 5)
Enter on line 14, Form 502, or line 23, Form 505 ....................................................................
$_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Instructions for Form 502V
USE OF VEHICLE FOR CHARITABLE PURPOSES
COMPUTATION OF SUBTRACTION
You may subtract from federal adjusted gross income
The charitable expense modification is 40.5 cents per
unreimbursed automobile travel expenses incurred in
mile for the period 1/01/2005 through 8/31/2005 and 48.5
connection with service as a volunteer for a nonprofit volun-
cents per mile for the period 9/01/2005 through 12/31/2005
teer fire company or other “qualified” organization. A quali-
to the extent this amount is unreimbursed.
fied organization is an organization defined by Section 170
of the Internal Revenue Code whose principal purpose or
The amount must be reduced by any reimbursement
function is to provide medical, health or nutritional care.
received for the charitable travel. The amount must also be
reduced by any portion which is claimed as an itemized
You may subtract the unreimbursed vehicle expense
deduction on your Maryland income tax return for charitable
incurred while providing assistance, other than providing
vehicle expenses.
transportation, to handicapped individuals, as defined in
Section 190 of the Internal Revenue Code, who are enrolled
“Total Mileage” on lines 1 and 3 of Form 502V should
as students in Maryland community colleges.
include the mileage traveled from home, performing the
service and returning home. You should maintain the appro-
priate documentation.
COM/RAD-018
05-49
PS-2684
PN: 00265 (09/05)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial