FP101_r5_Wk8_Ramsay_Tax_Return

239950 married filing separately

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Unformatted text preview: . . . . . . . . . . . . . . . . . . . . . 159,950 Head of household . . . . . . . . . . . . . . . . 199,950 e. Line c. minus line d . . . . . . . . . . . . . . . . . . . . . . . . . . f. Is line e. more than $122,500 ($61,250 if married filing separately)? Yes. Multiply $2,333 by line 6d and enter result on line 26. No. Divide line e. by $2,500 ($1,250 if married filing separately) . . . . . . . . . . . . . . . . . g. Line f. multiplied by 2% (.02) . . . . . . . . . . . . . . . . . . . Note: We limit line g. to 1.00. h. Line b. multiplied by line g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i. Line h. divided by 3.0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . j. Deduction for exemptions. Line b minus line i (to line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Note: If you provided housing to a Midwestern displaced individual, see IRS instr. Deduction for exemptions (see worksheet) . . . . . . . . . . . . . . . . . . . . . . . .26 Line 25 - line 26...
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This note was uploaded on 02/03/2014 for the course FP/101 FP/101 taught by Professor Nicoleramig during the Winter '10 term at University of Phoenix.

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