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FORM 502AC MARYLAND SUBTRACTION FOR CONTRIBUTION OF ARTWORK Attach to your tax return 20 Your first name and initial Last name Social Security number Spouse’s first name and initial Last name Social
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Form Maryland Subtraction is used to claim subtraction modifications from federal adjusted gross income (AGI) for Maryland income tax purposes.
Any individual or business entity that wants to claim subtraction modifications from federal AGI for Maryland income tax purposes needs to file Form Maryland Subtraction.
To fill out Form Maryland Subtraction, you need to provide your personal information, calculate the subtraction modifications based on the instructions provided, and attach any necessary supporting documents.
The purpose of Form Maryland Subtraction is to allow taxpayers to reduce their Maryland taxable income by claiming subtraction modifications from their federal AGI.
On Form Maryland Subtraction, you need to report your personal information, such as your name, Social Security number, and address. Additionally, you must report the specific subtraction modifications you are claiming.
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