FP101_r5_Wk8_Ramsay_Tax_Return

If you used pub 972 enter the amount from line 8 of

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Unformatted text preview: . . . . . . . 1 2 Enter the amt. from Form 1040, ln. 52 or Form 1040A, ln. 33 . . . . . . . . . . . . . . . . . .2 3 Subtract line 2 from line 1. If zero stop; you cannot take this credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4a Earned income (see IRS instructions) . . . . . . . . . . . . . . . . If your main home was in a Midwestern disaster area when the disaster occurred, and you are electing to use your 2007 earned income, check the box next to line 4a. We check the box automatically if you've taken the Earned Income Credit. 4a 1,000 22,500 b Nontaxable combat pay (see instructions) . . . . . . . . . . . . . . . . . . . 4b This amount is reported on Form(s) W-2, box 12, with code Q. If married filing jointly, we include your spouse's amounts with yours. You cannot use this income if you check the box on line 4a. 1,000 0 0 5 Is the amount on line 4a more than $8,500? No. Leave line 5 blank and enter 0 on line 6. 14,000 Yes. Subtract $8,500 from the amt. on...
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