[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303475-105":53,"doc-detail-303475-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","maryland-form-502cg-capital-gain-income","MARYLAND FORM 502CG - Capital Gain Income","","Maryland Form 502CG is used to report taxable capital gain income subject to a Maryland 2% tax for certain individuals. The form is required when filing a 2025 Maryland individual return and reporting federal adjusted gross income over $350,000 and net capital gain income included in federal Form 1040 Line 7. It includes a two-part structure for identification and a calculation of taxable capital gain income, with instructions for specific line items and attachments of related schedules.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/maryland-form-502cg-capital-gain-income/303475/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/maryland-form-502cg-capital-gain-income/303475.png","ImageObject",442,249,{"name":88,"@type":89},"8796093062539","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-30","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",6,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"Who must complete Maryland Form 502CG for 2025?","Question",{"text":109,"@type":110},"Individuals (or their spouse) must complete it if required to file a 2025 Maryland individual tax return and their federal adjusted gross income exceeds $350,000 while also reporting net capital gain income on federal Form 1040 Line 7.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"When is Form 502CG not required?",{"text":114,"@type":110},"If federal adjusted gross income is $350,000 or less, or if there is no net capital gain income included in Maryland adjusted gross income, the form is not needed.",{"name":116,"@type":107,"acceptedAnswer":117},"How is taxable capital gain income calculated on the form?",{"text":118,"@type":110},"Part 2 breaks down net capital gain income included in Maryland adjusted gross income by source (Lines 1 through 7), sums non-additional-tax amounts on Line 8, then determines additional-tax-eligible income on Line 9.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},303475,1790280701,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":60,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":73,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":9},8796093062539,"MARYLAND FORM  \n502CG  \nCAPITAL GAIN INCOME  \nAttach to Forms 502 or 505.  \n2025  \nChapter 604 of the Acts of 2025 imposes a 2% tax on certain capital gain income for individuals with a federal adjusted gross income of more than $350,000 .  \n\n| Part 1 |  | MI Last Name\u003Cbr>MI Last Name |  | Social Security Number\u003Cbr>Social Security Number |\n| --- | --- | --- | --- | --- |\n| First Name |  |  |  |  |\n| Spouse’s First Name |  |  |  |  |\n\nPart 2  \nTaxable Capital Gain Income Calculation  \n1. Net capital gain income included in Maryland adjusted gross income (Line 1c of Form 502 or Line 7 Column 2  \nof Form 505. If less than or equal to 0 enter 0 and go to Line 9.) ...................................... 1.  \n1a. Net capital gain income reported on Maryland Schedule(s) K-1 .................... 1a.   00  \n2. Net capital gain income from the sale or exchange of your primary residence reported on federal Form 8949  \nor 6252 (see instructions) .................................................................. 2.  \n3. Net capital gain income from the sale or exchange of assets held in a tax-advantaged retirement savings plan  \nreported on federal Form 1040 Line 7 ......................................................... 3.  \n4. Net capital gain income from the sale or exchange of cattle, horses, or breeding livestock reported on  \nfederal Form 4797 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.  \n5. Net capital gain income from the sale or exchange of land subject to a conservation, agricultural, or forest preservation easement reported on federal Form 8949 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.  \n6. Net capital gain income from the sale or exchange of property used in a trade or business reported on  \nfederal Form(s) 4797, 8824, or 6252 (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.  \n7. Net capital gain income from the sale or exchange of affordable housing owned by a nonprofit organization reported on federal Form 1040 Line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.  \n8. Net capital gain income not subject to additional tax (enter the sum of Lines 2 through 7) . . . . . . . . . . . . . . . . . . . 8.  \n9. Net capital gain income subject to additional tax (subtract Line 8 from Line 1. Enter the amount  \nhere and on Line 20a of Form 502 or Line 31a of Form 505. If less than 0 enter 0.) . . . . . . . . . . . . . . . . . . . . . . . . 9.  \n  00  \n  00  \n  00  \n  00  \n  00  \n  00  \n  00  \n  00  \n  00  \nCOM/RAD-011 09/25  \nMARYLAND FORM  \n502CG  \nCAPITAL GAIN INCOME  \nINSTRUCTIONS  \n2025  \nGENERAL INSTRUCTIONS  \nChapter 604 of the Acts of 2025 imposes a 2% tax on certain capital gain income.  \nComplete Form 502CG if you or your spouse were required to file a 2025 Maryland individual tax return AND:  \n1. Reported a federal adjusted gross income of more than $350,000 on Line 1 of Form 502 or Line 17, Column 1, of Form 505; and  \n2. Reported net capital gain income on federal Form 1040 Line 7.  \nIf your federal adjusted gross income is $350,000 or less or you have no net capital gain income included in your Maryland adjusted gross income, you do not need to complete this form.  \nNote to members of pass-through entities and beneficiaries of trusts  \nA member of a pass-through entity (PTE) with net capital gain income from the PTE must report their distributive or pro rata share of the PTE’s net capital gain income on the corresponding Lines 1-7 of this form. A PTE must report members’ capital gain income on Maryland Form 510/511 K-1, Part H, Lines 1-7. For additional information, see instructions to Maryland Form 510/511 K-1 .  \nA beneficiary of a trust with net capital gain income from the trust must report their distributive or pro rata share of","cbCaiuQvT0cXbqrI","https://ap.wps.com/l/cbCaiuQvT0cXbqrI","pdf",121490,"English","# General Instructions\n## Who Must File\n## Note to Pass-Through Entities and Trust Beneficiaries\n# Specific Instructions\n## Completing Part 1\n## Completing Part 2","[{\"question\":\"Who must complete Maryland Form 502CG for 2025?\",\"answer\":\"Individuals (or their spouse) must complete it if required to file a 2025 Maryland individual tax return and their federal adjusted gross income exceeds $350,000 while also reporting net capital gain income on federal Form 1040 Line 7.\"},{\"question\":\"When is Form 502CG not required?\",\"answer\":\"If federal adjusted gross income is $350,000 or less, or if there is no net capital gain income included in Maryland adjusted gross income, the form is not needed.\"},{\"question\":\"How is taxable capital gain income calculated on the form?\",\"answer\":\"Part 2 breaks down net capital gain income included in Maryland adjusted gross income by source (Lines 1 through 7), sums non-additional-tax amounts on Line 8, then determines additional-tax-eligible income on Line 9.\"}]","MARYLAND FORM 502CG - Capital Gain Income | PDF",1789803969]