Form 502v - Maryland Use Of Vehicle For Charitable Purposes - 2007
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1FORM
2007
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 ............................................................ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
2. Multiply line 1 by 48.5¢ (.485) and enter that amount here ......................................................
$_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
3. Reimbursement received for mileage on line 1 ........................................................................ $ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
4. Amount included as an itemized deduction on your Maryland return (See Instructions) ........ $ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
5. Total Maryland deductions from mileage allowance (Add lines 3 and 4)..................................
$_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
6. Modification for charitable vehicle expenses (Subtract line 5 from line 2)
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 48.5 cents per
unreimbursed automobile travel expenses incurred in
mile to the extent this amount is unreimbursed.
connection with service as a volunteer for a nonprofit volun-
teer fire company or other “qualified” organization. A quali-
The amount must be reduced by any reimbursement
fied organization is an organization defined by Section 170
received for the charitable travel. The amount must also be
of the Internal Revenue Code whose principal purpose or
reduced by any portion which is claimed as an itemized
function is to provide medical, health or nutritional care.
deduction on your Maryland income tax return for charitable
vehicle expenses.
You may subtract the unreimbursed vehicle expense
incurred while providing assistance, other than providing
“Total Mileage” on line 1 of Form 502V should include
transportation, to handicapped individuals, as defined in
the mileage traveled from home, performing the service and
Section 190 of the Internal Revenue Code, who are enrolled
returning home. You should maintain the appropriate docu-
as students in Maryland community colleges.
mentation.
COM/RAD-018
07-49
PS-2684
PN: 00265 (9/06)
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