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Software of the Month Club 1995 March
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SOFM_Mar1995.bin
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taxforms
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fw8.txt
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1995-01-27
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1KB
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85 lines
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S 1 Multiply $2`350 by the number of exemptions on Form 1040`
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S ~~line 6e
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S 1.~
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S 2 Enter the amount from Form 1040` line 32
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S (FZ1) 2.~
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S 3 Enter on line 3 the amount shown below
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S ~~* Married filling separately` enter $81`350
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S !
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S ~~* Single` enter $108`450
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S !
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S ~~* Head of household` enter $135`600
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S > 3.~
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S ~~* Married filing jointly or qualifying
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S !
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S Widow(er)` enter $162`700
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S !
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S 4 Subtract line 3 from line 2
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S 4.~
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S ~~Note; if line 4 is more than $122`500 ($61`250 married
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S ~~filing separately)` stop here.
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S 5 Divide line 4 by $2`500 ($1`250 married filing
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S ~~separately). Round up to the next higher whole number.5.~
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S 6 Multiply line 5 by 2%
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S 6.~
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S 7 Multiply line 1 by line 6
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S 7.~
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S 8 Deduction for exemptions. Subtract line 7 from line 1. Enter on
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S ~~Form 1040` line 36
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S (FZ1) 8.~
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