Software of the Month Club 1995 March

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Text File | 1995-01-27 | 4KB | 262 lines

X1 ~ X2 ~ Z4 Y | + X1 - ~ \ + X1 - X \ ? X1 + S04 + s04 ^ X11 ' LINE 11 + Q28 + ZITX + ZAEI ^ X12 ' LINE 12 + Z46 + Z47 + X12 ^ X3A ' LINE 13A + X3A - O20 ^ X3C ' LINE 13C + X3C < ^ X3C + X3C * 9 / 10 ^ X4A ' LINE 14A + X1 - X = + X3C * 2 / 3 ^ X4A + Z53 ` X4B ' NEXT YEAR ESTIMATED TAX + Z31 ` XT1 + X1 - X \ + Z1 - 3 \ + XT1 - 150 000.00 > + X4B / 10 + X4B ^ X4B + X1 - X \ + Z1 - 3 = + XT1 - 75 000.00 > + X4B / 10 + X4B ^ X4B + XLYT > + XLYT ^ X4B ' LINE 14B + X4A ^ X4C ' LINE 14C + X4A - X4B > + X4B ^ X4C + X4C - ZFTW ^ X16 ' LINE 16 + X16 - 499.99 > + X16 ^ X6B + ZETX ` XLY ' TRANSFER TO NEXT YEAR ESTIMATED TAX + XLY + XLYR ^ XLY + X6B / 4 - XLY ^ X17 ' LINE 17 + XJAN + XJA2 ^ XJ2 + X17 ^ XAP ' APRIL + XAP < ^ XAP + XAPR + XJUN + XSEP + XJ2 > ^ XAP + X6B / 2 - XLY - XAPR - XAP ^ XJU ' JUNE + XJU < ^ XJU + XJUN + XSEP + XJ2 > ^ XJU + X6B * 3 / 4 - XLY - XAPR - XAP - XJUN - XJU ^ XSE ' SEPTEMBER + XSE < ^ XSE + XSEP + XJ2 > ^ XSE + X6B - XLY - XAPR - XAP - XJUN - XJU - XSEP - XSE ^ XJA ' JANUARY + XJA < ^ XJA + XJ2 > ^ XJA + XLY + XAPR + XJUN + XSEP + XJ2 ^ Z55 ' FORM 1040 LINE 55 + X2 - 216 = + Z55 + XAP + XJU + XSE + XJA ^ Z55 | S ~1 Enter amount of adjusted gross income you expect R .8 S (FZ1)! 1 ! T Z31 ^ S ~2 * If you plan to itemize deductions` enter the estimated R ~20 ^ R ~6 S total itemized deductions R .29 S (FZ1)! 2 ! T Z34 ^ R ~4 S * If you do not plan to itemize deductions` enter your R ~22 ^ R ~6 S standard deduction R ~56 ^ S ~3 Subtract line 2 from 1 R .39 S ! 3 ! T Z35 ^ S ~4 Exemptions. Multiply $2`450 by the number of personal R ~23 ^ R ~4 S exemptions R .46 S (FZ1)! 4 ! T W88 ^ S ~5 Subtract line 4 from 3 R .39 S ! 5 ! T Z37 ^ S ~6 Tax. Figure your tax on the amount on line 5 R .12 S (FZ1)! 6 ! T Z38 ^ S ~7 Additional taxes R .40 S (FZ1)! 7 ! T Z39 ^ S ~8 Add lines 6 and 7 R .44 S ! 8 ! T Z40 ^ S ~9 Credits R .49 S (FZ1)! 9 ! T Z45 ^ S 10 Subtract line 9 from 8` but not less than zero R .15 S !10 ! T Z46 ^ S 11 Self-employment tax. Estimate of net earnings from R ~26 ^ R ~4 S self-employment (FS1) $ T X11 R .23 S (FZ1)!11 ! T Z47 ^ S 12 Other taxes R .45 S (FZ1)!12 ! T X12 ^ S 13a Add lines 10 through 12 R .38 S !13a! T X3A ^ S ~~b Earned income credit R .36 S (FZ1)!13b! T O20 ^ S ~~c Subtract line 13b from line 13a` but not less than zero. R ~20 ^ R ~4 S This is your total estimated tax R .29 S !13c! T X3C ^ S 14a Multiply line 13c by 90% (66% for farmers) R .4 S !14a! T X4A R ~15 ^ R ~4 S Check here if you are a farmer or fisherman. <X1>~! B X1 S ! R ~21 ^ S ~~b Enter 100% of last years tax (110% if you are R ~31 ^ R ~4 S not a farmer or fisherman and the adjusted R ~34 ^ R ~4 S gross income is more than $150`000, $75`000 R ~33 ^ R ~4 S if married filing separately) R .6 S (FZ1)[XLYT]!14b! T X4B R ~15 ^ S ~~c Enter the smaller of line 14a or 14b. This is your required R ~17 ^ R ~4 S annual payment R .47 S !14c! T X4C ^ S 15 Income tax estimated to be withheld this year R .11 S (FZ1)!15 ! C ZFTW ^ S 16 Subtract line 15 from line 14c. (Note. If line 13c minus R ~20 ^ R ~4 S line 15 is less than $500` you do not have to make payments).!16 ! T X16 ^ S 17 Enter 1/4 of line 16 (minus any overpayment from last year) R ~17 ^ R ~4 S on your payment voucher(s) R .24 S (FZ1)[XLYR]!17 ! T X17 ^ R -80 ^ S Check here to transfer projected payments to Form 1040 line 55 R .8 S <X2> ! B X2 S ! ^ R ~80 ^ R ~14 S Date R ~5 S ! Actual payments ! Projected payments ! R ~13 ^ R ~14 R -9 S ! R -21 S ! R -20 S ! R ~13 ^ R ~14 S April 15 ! [XAPR]~~~ C XAPR S ~! R ~9 T XAP S ~! R ~13 ^ R ~14 S June 15 ! [XJUN]~~~ C XJUN S ~! R ~9 T XJU S ~! R ~13 ^ R ~14 S Sept 15 ! [XSEP]~~~ C XSEP S ~! R ~9 T XSE S ~! R ~13 ^ R ~14 S Jan 15 ! [XJAN/2]~ T XJ2 S ~! R ~9 T XJA S ~! R ~13 ^ |