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Ch. 503
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1532
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LAWS OF MARYLAND
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(8) Expenses for household and dependent care
services determined and calculated as employment-related expenses
under Section 44A of the Internal Revenue Code, as amended from
time to time, and subject to the dollar limit imposed by that
section;
(9) To the extent included, any profit realized from
the sale or exchange of bonds issued by this State and its
political subdivisions;
(10) The lesser of:
(i) Amounts received by an individual who is
totally disabled, as an annuity, pension or endowment under a
private, municipal, State or federal retirement system, and
included in such individual's federal adjusted gross income, or
(ii) An amount equal to the maximum annual
benefit received in Maryland by persons who retired at the age of
65 or older under the Social Security Act for the prior calendar
year reduced by the amount of disability benefits received under
the Social Security Act, the Railroad Retirement Act, or both, as
the case may be. The Comptroller shall determine the amount of
the maximum benefit annually. For the purposes of this
paragraph, the Comptroller may allow the subtraction to the
nearest $100;
(11) An amount equal to the total of political and
newsletter fund contributions made by a nonfiduciary individual
taxpayer in the taxable year, as determined, calculated, and
limited by the provisions of § 41 of the federal Internal Revenue
Code;
(12) (i) Except as otherwise provided in this
paragraph, amounts representing unreimbursed automobile travel
expenses incurred by an individual while serving as a volunteer:
1. To a nonprofit volunteer fire company,
or any organization, the principal purpose or functions of which
are the providing of medical, health, or nutritional care, and
all of which constitute qualified organizations under Section 170
of the Internal Revenue Code; or
2. To provide assistance, other than
assistance which consists of providing transportation, to
handicapped individuals, as defined in Section 190 of the
Internal Revenue Code, who are enrolled as students in the State
community colleges.
(ii) The amount of the subtraction shall be
based upon the standard mileage rate provided in § 162 of the
Internal Revenue Code and reduced by the amount of unreimbursed
automobile travel expenses claimed on the individual's federal
tax return as an itemized deduction, as to the same
organizations, under § 170 of the Internal Revenue Code;
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![clear space](../../../images/clear.gif) |