10.8.2 - INCOME TAX PROBLEM# 1 BILL June 2/06 1. RENTAL...

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1 INCOME TAX PROBLEM# 1 BILL June 2/06 1. RENTAL PROPERTY 2. MOVING 3. DONATIONS
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2 BASIC INCOME TAX MODEL TOTAL INCOME XXXXXXX TOTAL DEDUCTION XXXXXXX XXXXXXX TAXES @ EFFECTIVE TAX RATE 0.00% XXXXXXX TOTAL CREDITS XXXXXXX TAXES PAID XXXXXXX TAXES OWING (REFUND) XXXXXXX
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3 NOW COMPLETE MODEL INCOME EMPLOYMENT INCOME XXXXXXX INTEREST INCOME XXXXXXX TOTAL INCOME XXXXXXX XXXXXXX DEDUCTIONS REGISTERED PENSION PLAN XXXXXXX RRSP XXXXXXX INTEREST EXPENSE XXXXXXX CHILD CARE EXPENSES XXXXXXX ANNUAL PROFESSIONAL FEES XXXXXXX TOTAL DEDUCTION XXXXXXX TAXABLE INCOME TAXES @ EFFECTIVE TAX RATE XX.XX% XXXXXXX NON-REFUNDABLE TAX CREDITS TUITION XXXXXXX INTEREST ON STUDENT LOANS XXXXXXX XXXXXXX 16.00% XXXXXXX DONATIONS XXXXXXX 25.00% XXXXXXX TOTAL CREDITS ( XXXXXXX ) TAXES PAID ( XXXXXXX ) TAXES OWING (REFUND) XXXXXXX
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4 1. MORTGAGE AMORT TABLE MODEL PERIOD OPEN ANNUAL INTEREST PRINCIPAL ENDING NUMBER YEAR BALANCE PAYMENT .@ 7% REPAID BALANCE 1 2004 200,000.00 $ 2 2005
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5 1. MORTGAGE AMORT TABLE ANNUAL PAYMENT
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This note was uploaded on 11/13/2011 for the course CIVE 2*** taught by Professor - during the Spring '11 term at Carleton CA.

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10.8.2 - INCOME TAX PROBLEM# 1 BILL June 2/06 1. RENTAL...

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