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tax formula slides

tax formula slides - Income(broadly conceived $x,xxx...

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9/25/09 Income (broadly conceived) $x,xxx Less:Exclusions (x,xxx) Gross Income $x,xxx Less:Deductions for AGI (x,xxx) Adjusted Gross Income (AGI) $x,xxx Less:The greater of- Total itemized deductions or the standard deduction (x,xxx) Personal & dependency exemptions (x,xxx) Taxable Income $x,xxx
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9/25/09 Income (broadly conceived) $x,xxx Less:Exclusions (x,xxx) Gross Income $x,xxx Less:Deductions for AGI (x,xxx) Adjusted Gross Income (AGI) $x,xxx Less:The greater of- Total itemized deductions or the standard deduction (x,xxx) Personal & dependency exemptions (x,xxx) Taxable Income $x,xxx
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9/25/09 Income (broadly conceived) $x,xxx Less:Exclusions (x,xxx) Gross Income $x,xxx Less:Deductions for AGI (x,xxx) Adjusted Gross Income (AGI) $x,xxx Less:The greater of- Total itemized deductions or the standard deduction (x,xxx) Personal & dependency exemptions (x,xxx) Taxable Income $x,xxx
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9/25/09 Income (broadly conceived) $x,xxx Less:Exclusions (x,xxx) Gross Income $x,xxx Less:Deductions for AGI (x,xxx) Adjusted Gross Income (AGI) $x,xxx Less:The greater of-
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