Maryland Form 502v - Use Of Vehicle For Charitable Purposes - 2014

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2014
MARYLAND
USE OF VEHICLE FOR
FORM
CHARITABLE PURPOSES
502V
Attach to your tax return.
Print using blue or black ink only.
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. . . . . . . . . . . . . . . . . 1. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
2. Multiply line 1 by 56¢ (.56) 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. $ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
USE OF VEHICLE FOR CHARITABLE PURPOSES INSTRUCTIONS
COMPUTATION OF SUBTRACTION
“Total Mileage” on line 1 of Form 502V should include the
mileage traveled from home, performing the service and
You may subtract from federal adjusted gross income
returning home. You should maintain the appropriate
unreimbursed
automobile
travel
expenses
incurred
in
documentation.
connection with service as a volunteer for a nonprofit volunteer
For
more
information,
visit
our
Web
site
at
www.
fire company or other “qualified” organization. A qualified
organization is an organization defined by Section 170 of the
or email your question to TAXHELP@
Internal Revenue Code whose principal purpose or function is
comp.state.md.us. You may also call 1-800-638-2937 or from
to provide medical, health or nutritional care.
Central Maryland 410-260-7980.
You may subtract the unreimbursed vehicle expense incurred
while providing assistance, other than providing transportation,
to handicapped individuals, as defined in Section 190 of the
Internal Revenue Code, who are enrolled as students in
Maryland community colleges.
The charitable expense modification is 56 cents per mile to the
extent this amount is unreimbursed.
The amount must be reduced by any reimbursement received
for the charitable travel. The amount also must be reduced by
any portion which is claimed as an itemized deduction on your
Maryland income tax return for charitable vehicle expenses.
COM/RAD-018

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