Maryland Form 502cr - Income Tax Credits For Individuals - 2014 Page 2

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INCOME TAX CREDITS

MARYLAND

Page 2

FORM

FOR INDIVIDUALS

502CR

Attach to your tax return.

2014

NAME _______________________ SSN ________________________

PART D - CREDIT FOR AQUACULTURE OYSTER FLOATS

1. Enter the amount paid to purchase an aquaculture oyster float(s)

Enter here and on Part H, line 4, page 3 . This credit is limited . See Instructions . . . . . . . . . . . . . . . . . . . . .

1. _____________________

PART E - LONG-TERM CARE INSURANCE CREDIT: (THIS IS A ONE-TIME CREDIT.)

Answer the questions and see instructions below before completing Columns A through E for each person for whom you paid long-

term care insurance premiums .

Question 1 - Did the insured individual have long-term care insurance prior to July 1, 2000? . . . . . . . . . . . . . . .

Yes

Question 2 - Is the credit being claimed for the insured individual in this year by any other taxpayer? . . . . . . . . .

Yes

Question 3 - Has credit been claimed by anyone for the insured individual in any other tax year? . . . . . . . . . . .

Yes

Question 4 - Is the insured individual for whom the credit is being claimed a nonresident of Maryland? . . . . . . . .

Yes

If you answered YES to any of the above questions, that insured person does NOT qualify for the credit.

Complete Columns A through D only for insured individuals who qualify for credit . Enter in Column E the lesser of the amount of

premium paid for each insured person or:

• $370 for those insured who are 40 or less, as of 12/31/14

• $500 for those insured who are over age 40, as of 12/31/14 .

Add the amounts in Column E and enter the total on line 5 (total) and on Part H, line 5, page 3 .

Column A

Column C

Column D

Column E

Column B

Age

Name of Qualifying Insured Individual

Relationship to Taxpayer

Amount of Premium Paid

Credit Amount

Social Security No. of Insured

5. TOTAL

PART F - CREDIT FOR PRESERVATION AND CONSERVATION EASEMENTS

Taxpayer A

Taxpayer B

1. Enter the portion of the total current-year donation amount, and any carryover

from prior year(s), attributable to each taxpayer . . . . . . . . . . . . . . . . . . . . . 1. _______________________ 1. _____________________

2. Enter the amount of any payment received for the easement by each

taxpayer during 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. _______________________ 2. _____________________

3. Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. _______________________ 3. _____________________

4. Enter the amount from line 22 of Form 502; line 32c of Form 505; line 33 of

Form 515; line 23 of Form 504 or $5,000, whichever is less . See instructions . 4. _______________________ 4. _____________________

5. Enter the lesser of line 3 or 4 here . (If you itemize deductions, see Instruction 14 .) . . 5. _______________________ 5. _____________________

6. Total (Add amounts from line 5 for Taxpayers A and B .) . Enter here and on Part H, line 6, page 3 . . . . . . .

6. _____________________

7. Excess credit carryover . Subtract line 6 from the sum of lines 3A and 3B . . . . . . . . . . . . . . . . . . . . . . . . . . . .7. _____________________

PART G - HEALTH ENTERPRISE ZONE PRACTITIONER TAX CREDIT ** MUST ATTACH REQUIRED CERTIFICATION

1. Credit (certified by the Department of Health and Mental Hygiene) . Enter here and on Part H, line 7,

page 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1. _____________________

COM/RAD-012