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This document outlines liability insurance requirements for contractors, specifying $1 million CGL coverage for major subcontractors to ensure compliance.
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What is form 502?
Form 502 is a tax return form used to report income and calculate taxes owed for individuals in certain jurisdictions, particularly in the state of Maryland.
Who is required to file form 502?
Individuals who have earned income in Maryland and meet specific income thresholds are required to file Form 502.
How to fill out form 502?
To fill out Form 502, individuals must provide personal information, report income from all sources, claim deductions and credits, and calculate the tax owed or refund due.
What is the purpose of form 502?
The purpose of Form 502 is to determine the amount of state income tax an individual owes or the refund they are entitled to based on reported income and deductions.
What information must be reported on form 502?
Form 502 requires reporting of personal identification information, total income, adjusted gross income, tax credits, deductions, and any other pertinent financial information.
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