FP101_r5_Wk8_Ramsay_Tax_Return

1000 0 0 5 is the amount on line 4a more than 8500 no

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Unformatted text preview: line 4a . . . . . . . . . . . . .5 6 Multiply the amount on line 5 by 15% (.15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Do you have three or more qualifying children? Next. No. If line 6 is zero, stop; you cannot take this credit. Otherwise, skip Part II and enter the smaller of line 3 or line 6 on line 13. Yes. If line 6 is equal to or more than line 3, skip Part II and enter the amount from line 3 on line 13. Otherwise go to line 7. 2,100 Part II Certain Filers Who Have Three or More Qualifying Children 7 Enter the total of the Social Security and Medicare taxes from Form(s) W-2, boxes 4 and 6. If married filing a joint return, include your spouse's amounts with yours. If you worked for a railroad, see the IRS instructions for this form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Enter the total of the amounts from Form 1040, 8 1040 filers: lines 27 and 58, plus any taxes you identified using code "UT" and entered on the dotted line next to line 61. Enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 1040A filers: 9 Add lines 7 and 8 . . ....
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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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