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MD Comptroller 502B 2024-2025 free printable template
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MARYLAND FORM502BYour Social Security NumberPrint Using Blue or Black Ink Only2019Dependents\' Information (Attach to Form 502, 505 or 515.)Spouse\'s Social Security NumberYour First NameMIYour Last
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Understanding the Comptroller 502B 2 Form
What is the Comptroller 502B 2 Form?
The MD Comptroller 502B 2 Form is a state tax form used by Maryland residents to report dependents and claim tax exemptions. This form is essential for taxpayers who wish to ensure they receive the appropriate exemptions related to their dependents. It is designed to help the Maryland state government gather necessary information regarding household members that can affect tax calculations.
Key Features of the Comptroller 502B Form
The key features of the MD Comptroller 502B form include sections for personal information, dependent details, and entitlement to exemptions. Each section must be filled accurately, ensuring all dependents are listed along with their Social Security numbers and dates of birth. This form also includes checkboxes to confirm dependent status and health care coverage, which are critical for state tax benefit eligibility.
Who Needs the Comptroller 502B Form?
Primarily, individuals filing tax returns in Maryland who have dependents need the MD Comptroller 502B form. This includes parents or guardians who are legally responsible for minors or qualifying dependents. Understanding who qualifies can impact the completion of tax returns significantly, as the exemptions may reduce tax liability.
How to Fill Out the Comptroller 502B Form
Filling out the MD Comptroller 502B form properly involves several steps. Begin with entering your personal information, including your name, address, and Social Security number. Next, list each dependent's information, including their name, Social Security number, date of birth, and their relationship to you. Be sure to check the appropriate boxes for dependent status and health care coverage, ensuring accuracy to avoid any issues during submission.
Common Errors When Completing the Comptroller 502B Form
Common errors include incorrect Social Security numbers, missing dates of birth, and failing to check appropriate boxes regarding health care coverage. These mistakes can lead to complications in the processing of your tax return. To minimize errors, it is advisable to review each section thoroughly before submission, ensuring all information aligns with official documents.
Submission Methods for the Comptroller 502B Form
The completed MD Comptroller 502B form can be submitted alongside your state tax return. It is important to ensure it is included with the appropriate tax forms when filing. Maryland residents are encouraged to use electronic filing methods where possible to streamline the submission process and reduce potential errors.
Frequently Asked Questions about 502 b form
What is the purpose of the MD Comptroller 502B form?
The MD Comptroller 502B form is used to report dependents and claim tax exemptions for Maryland residents during tax filing.
How do I obtain the MD Comptroller 502B form?
The MD Comptroller 502B form can be obtained from official Maryland government websites and tax assistance resources, or directly printed from PDF filler platforms.
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People Also Ask about form 502
How much horsepower does an Air Tractor have?
Driving that performance is the Pratt & Whitney PT6A-140AG turboprop engine. It has 867 horsepower available for takeoff all day, every day. The power is yours.502XP Performance. Cruise Speed at 8,000 ft (2.438 m):167 mph (145 kts)Working Speed (Typical):120-140 mph (104-122 kts)6 more rows
Who owns air tractor?
On July 1, 2008 Air Tractor, Inc. became an employee-owned company with the establishment of an Employee Stock Ownership (ESOP) Plan. The ESOP is a tax-deferred retirement plan, similar to a 401(k) plan, except that it is funded solely by the company, not the employees.
How much does an air tractor 502 cost?
AT-502A - PT6-45 ($20,000). MORE Program for PT6A see Conv/Mod section.
How fast can an air tractor go?
AT-802A Performance Cruise Speed at 8,000 ft (2.438 m):191 mph (166 kts)Working Speed (Typical):130-160 mph (113-139 kts)Range - Economy Cruise at 8,000 ft (2.438 m):610 mi (982 km)Stall Speed - Flaps Up:107 mph (92 kts) at 16,000 lbs (7.257 kg)Stall Speed - Flaps Down:91 mph (79 kts) at 16,000 lbs (7.257 kg)3 more rows
Where are air tractors manufactured?
For more than 50 years, the world's best agricultural aircraft have been manufactured in the small west Texas town of Olney: first the Snow, then the Thrush, and since 1972, the Air Tractor.
How much horsepower does an Air Tractor 802 have?
AT-802U Specifications Engine TypePratt & Whitney PT6A-67FEngine maximum continuous shaft horsepower –uninstalled1,600 @ 27.5° C, 1,700 rpmPropeller118 in (300 cm) diameter, aluminum HartzellPropeller ground clearance39 in (0.99 m)Gross weight –landing & takeoff16,000 lbs (7,257 kg)7 more rows
Where is the air tractor factory?
For more than 50 years, the world's best agricultural aircraft have been manufactured in the small west Texas town of Olney: first the Snow, then the Thrush, and since 1972, the Air Tractor.
How much fuel does an Air Tractor burn per hour?
Typical fuel consumption ranges from 58 – 63 GPH, depending on whether Smith is spraying or doing dry work.
How fast can an air tractor go?
A powerful Pratt & Whitney PT6A-67AG turbine engine allows the AT-802F to ferry between the fire and the airfield at speeds approaching 200 mph.
Who makes Air Tractor?
Air Tractor Inc. is a United States aircraft manufacturer based in Olney, Texas. Founded in 1978, the company began manufacturing a new agricultural aircraft derived from the S-2B aircraft (designed by founder Leland Snow's previous company, Snow Aeronautical).
What is the biggest air tractor?
With a payload of 9,249 lbs. (4.195 kg) and an 800-gallon hopper, the AT-802A stands alone. No other single-engine ag plane offers more working capacity.AT-802A Specifications. Engine Type:P&W PT6A-65AGEmpty Weight with Spray Equipment:6,751 lbs (3.062 kg)Useful Load:9,495 lbs (4.306 kg)10 more rows
Who owns Air Tractor?
On July 1, 2008 Air Tractor, Inc. became an employee-owned company with the establishment of an Employee Stock Ownership (ESOP) Plan. The ESOP is a tax-deferred retirement plan, similar to a 401(k) plan, except that it is funded solely by the company, not the employees.
How much does an Air Tractor 502 cost?
AT-502A - PT6-45 ($20,000). MORE Program for PT6A see Conv/Mod section.
How much does a crop duster plane cost?
Crop dusters fly in small planes that cost anywhere from $100,000 to $900,000.
How many air tractors are there?
As of June 2022, Air Tractor has produced 99 planes, and Hirsch said the company has plans to build a record 194 airplanes by year-end.
What engine is in an Air Tractor?
Driving that performance is the Pratt & Whitney PT6A-140AG turboprop engine. It has 867 horsepower available for takeoff all day, every day. The power is yours.
How fast do air tankers fly?
In comparison, most larger air tankers can carry up to 3,000-4,000 gallons of retardant. These aircrafts are often previously passenger jets that can travel near 380 mph. These tankers can be multi-purposed for cargo and military uses.
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