Z1 1
TY 0
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^ TP1                                          ' TEST TO COMPLETE LINES 2 - 5
+ Z34 - A29 = + 1 ^ TP1
+ TP1 = + Z34 ^ Q01                                       ' Line 1
+ Z31 / 4000 * 100 * TP1 ^ Q02                            ' Line 2
+ Q02 - A04 > + A04 ^ Q02
+ A09 * TP1 ^ Q03                                         ' LINE 3
+ QHMI * TP1 ^ Q04                                        ' LINE 4
+ A26 * TP1 ^ Q05                                         ' LINE 5
- W17 - ZPRX ^ Q06                                        ' LINE 6
+ QCHR + QCIR + QDLP + QDEP + QINS + QDRL + QCNT + QLIM + QMIN + QPAT + QPOL + QRAE + QSHL + QREL ^ Q14
+ Q01 + Q02 + Q03 + Q04 + Q05 + Q06 + QIIE + QDPR + QADJ + QISD + QPAS + QBEN + QXMP + Q14 ^ Q15
+ 108 450.00 ^ QT1
+ TY - 26 = + 111 800.00 ^ QT1
+ TY - 26 > + 114 700.00 ^ QT1
+ QT1 / 2 ^ QT2
+ WA9 * TP1 ^ Q18
+ Q15 + Z35 + ZNOL + Q18 ^ Q19
+ Q19 - QANL ^ Q21
+ Z1 - 3 = + Q21 - 254 999.99 > + Q21 + 22 500.00 ^ Q21
+ Z1 - 3 = + Q21 - 165 000.00 > + Q21 - 255 000.00 < + Q21 - 165 000.00 / 400 * 100 + Q21 ^ Q21
+ 33 750.00 ^ QC1                                 ' Line 22 worksheet
+ Z1 - 1 \ + Z1 - 4 \ + 45 000.00 ^ QC1
+ Z1 - 3 = + 22 500.00 ^ QC1
+ 112 500.00 ^ QC3
+ Z1 - 1 \ + Z1 - 4 \ + 150 000.00 ^ QC3
+ Z1 - 3 = + 75 000.00 ^ QC3
+ Q21 - QC3 > + Q21 - QC3 ^ QC4
+ QC4 / 400 * 100 ^ QC5
+ QC1 - QC5 > + QC1 - QC5 ^ QC6
+ Q21 - QC6 > + Q21 - QC6 ^ Q23                   ' Line 23
+ 175 000.00 ^ Q24                                ' Line 24
+ Z1 - 3 = + Q24 / 2 ^ Q24
+ Q23 - Q24 * 2 / 100 ^ Q24
+ Q24 < ^ Q24
+ Q23 * 26 / 100 + Q24 / 100 * 100 ^ Q24
+ Q23 > + Q24 - QALT ^ Q26                 ' Line 26
+ Z38 + ZX70 - ZFTC ^ Q27                         ' Line 27
+ Q23 > + Q26 - Q27 > + Q26 - Q27 ^ Q28           ' Line 28
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S ~1 If you itemized deductions on Schedule A` go to line 2. If you~~!   !~~~~~~~~
^
S ~~~did not itemized deductions` enter your standard deduction from !   !~~~~~~~~
^
S ~~~Form 1040` line 34` and skip to line 6..........................! 1 !
T Q01
t FZ1 Z34   062 1 Transferred from Form 1040, line 34.
^
S ~2 Medical and dental. Enter the smaller of Schedule A, line 4, or !   !~~~~~~~~
^
S ~~~2-1/2% of Form 1040, line 32....................................! 2 !
T Q02
t FA1 A04   004 1 Transferred from Schedule A, line 4.
t FZ1 Z32   054 1 Transferred from Form 1040, line 32.
^
S ~3 Taxes. Enter the amount from Schedule A, line 9.................! 3 !
T Q03
t FA1 A09   012 1 Transferred from Schedule A, line 9.
^
S ~4 Certain interest on a home mortgage not used to buy` build or~~~!   !~~~~~~~~
^
S ~~~improve your home...............................................! 4 !
T Q04
c QHMI
^
S ~5 Miscellaneous itemized deductions. Enter the amount from~~~~~~~~!   !~~~~~~~~
^
S ~~~Schedule A, line 26.............................................! 5 !
T Q05
t FA1 A26   046 1 Transferred from Schedule A, line 26.
^
S ~6 Refund of taxes. Enter any tax refund from Form 1040` line 10~~~!   !~~~~~~~~
^
S ~~~or 21...........................................................! 6 !
T Q06
t FZ1 W17   025 1 Transferred from Form 1040, line 10.
t FZ1 Z21   036 2 Transferred from Form 1040, line 21 amounts with tax category ZPRX.
^
S ~7 Investment interest. Enter difference between regular tax and~~~!   !~~~~~~~~
^
S ~~~AMT deduction...................................................! 7 !
C QIIE
c QIIE
^
S ~8 Post-1986 depreciation. Enter difference between regular tax~~~~!   !~~~~~~~~
^
S ~~~and AMT depreciation............................................! 8 !
C QDPR
c QDPR
^
S ~9 Adjusted gain or loss. Enter difference between AMT and regular~!   !~~~~~~~~
^
S ~~~tax gain or loss................................................! 9 !
C QADJ
c QADJ
^
S 10 Incentive stock options. Enter excess of AMT income over~~~~~~~~!   !~~~~~~~~
^
S ~~~regular tax income..............................................!10 !
C QISD
c QISD
^
S 11 Passive activities. Enter difference between AMT and regular~~~~!   !~~~~~~~~
^
S ~~~tax income or loss..............................................!11 !
C QPAS
c QPAS
^
S 12 Beneficiaries of estates and trusts. Enter the amount from~~~~~~!   !~~~~~~~~
^
S ~~~Schedule K-1 (Form 1041)` line 8................................!12 !
C QBEN
c QBEN
^
S 13 Tax-exempt interest from private activity bonds issued after~~~~!   !~~~~~~~~
^
S ~~~8/7/86..........................................................!13 !
C QXMP
c QXMP
^
S 14 Other. Enter the amount, if any, for each item and enter the~~~~!\\\!~~~~~~~~
^
S ~~~total on line 14.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~a Charitable contributions.......!
C QCHR
c QCHR
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~b Circulation expenditures.......!
C QCIR
c QCIR
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~c Depletion......................!
C QDLP
c QDLP
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~d Depreciation (pre-1987)........!
C QDEP
c QDEP
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~e Installment sales..............!
C QINS
c QINS
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~f Intangible drilling cost.......!
C QDRL
c QDRL
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~g Long-term contracts............!
C QCNT
c QCNT
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~h Loss limitations...............!
C QLIM
c QLIM
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~i Mining cost....................!
C QMIN
c QMIN
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~j Patron's adjustment............!
C QPAT
c QPAT
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~k Pollution control facilities...!
C QPOL
c QPOL
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~l Research and experimental......!
C QRAE
c QRAE
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~m Tax shelter farm activities....!
C QSHL
c QSHL
S !~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~n Related adjustments............!
C QREL
c QREL
S !~~~~~~~~~~~~~~~~~~~~~!14 !
T Q14
^
S 15 Total adjustments and Preferences. Combine lines 1 through 14...!15 !
T Q15
^
F
^
S PART II - Alternative Minimum Taxable Income~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S --------------------------------------------------------------------------------
^
S 16 Enter the amount from Form 1040` line 35........................!16 !
T Z35
t FZ1 Z35   063 1 Transferred from Form 1040, line 35.
^
S 17 Net operating loss deduction, if any, from Form 1040` line 21...!17 !
C ZNOL
t FZ1 Z21   036 2 Transferred from Form 1040, line 21 amounts with tax category ZNOL.
^
S 18 If Form 1040, line 32, is over $
6 QT1
S ~(over $
5 QT2
S ~if        !   !~~~~~~~~
^
S ~~~married filing separately)` and you itemized deductions, enter  !   !~~~~~~~~
^
S ~~~the amount, if any, from line 9 of the worksheet for            !   !~~~~~~~~
^
S ~~~Schedule A` line 29.............................................!18 !
T Q18
t FA1 WA9   075 1 Transferred from Schedule A, worksheet line 9.
^
S 19 Combine lines 15 through 18.....................................!19 !
T Q19
^
S 20 Alternative tax net operating loss deduction. See instructions..!20 !
C QANL
c QANL
^
S 21 Alternative Minimum Taxable Income. Subtract line 20 from~19.~~~!   !~~~~~~~~
^
S ~~~(If married filing separately and line 21 is more than~~~~~~~~~~!   !~~~~~~~~
^
S ~~~$165`000` see instructions.)....................................!21 !
T Q21
^
S --------------------------------------------------------------------------------
^
S PART III - Exemption Amount and Alternative Minimum Tax~~~~~~~~~~~~~~~~~~~~~~~~~
^
S --------------------------------------------------------------------------------
^
S 22 Exemption Amount.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~~~If your filing status is:~~~~And line 21~~~~~Enter on~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~is not over:~~~~line 22:~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~~~Single or~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~!~~~~~~~!\\\!~~~~~~~~
^
S ~~~~~~~head of household......... $112`500~~~~~~~~$33`750~~!~~~~~~~!\\\!~~~~~~~~
^
S ~~~~~Married filing jointly or~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~>......!22 !
T QC6
^
S ~~~~~~~qualifying widow(er)......  150`000~~~~~~~~~45`000~~!~~~~~~~!\\\!~~~~~~~~
^
S ~~~~~Married filing separately...   75`000~~~~~~~~~22`500~~!~~~~~~~!\\\!~~~~~~~~
^
S ~~~If line 21 is over the amount shown above` see instructions.~~~~!\\\!~~~~~~~~
^
S 23 Subtract line 22 from line 21. If zero or less` enter -0- here~~!   !~~~~~~~~
^
S ~~~and on lines 26 and 28..........................................!23 !
T Q23
^
S 24 If line 23 is $175`000 or less ($87`500 or less if married~~~~~~!   !~~~~~~~~
^
S ~~~filing separately), multiply line 23 by 26%. Otherwise,         !   !~~~~~~~~
^
S ~~~multiply line 23 by 28% and subtract $3,500 ($1,750 if married  !   !~~~~~~~~
^
S ~~~filing separately) from the result..............................!24 !
T Q24
^
S 25 Alternative minumum tax foreign tax credit. See instructions....!25 !
C QALT
c QALT
^
S 26 Tentative minimum tax. Subtract line 25 from line 24............!26 !
T Q26
^
S 27 Enter your tax from Form 1040` line 38 (plus Form 4970~~~~~~~~~~!   !~~~~~~~~
^
S ~~~included on Form 1040, line 39) minus Form 1040` line 43........!27 !
T Q27
t FZ1 Z38   068 1 Transferred from Form 1040, line 38.
t FZ1 Z39   069 3 Transferred from Form 1040, line 39 amounts with tax category ZX70.
t FZ1 ZFTC  075 1 Transferred from Form 1040, line 43.
^
S 28 Alternative Minimum Tax. Subtract line 27 from line 26. If zero~!   !~~~~~~~~
^
S ~~~or less, enter -0-. Enter here and on Form 1040` line 48........!28 !
T Q28
t FZ1 Q28   083 1 Transferred to Form 1040, line 48.
^
F
^
S Exemption Worksheet - Line 22~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S --------------------------------------------------------------------------------
^
S ~1. Enter $33`750 ($45`000 if married filing jointly or qualifying~~~~~~~~~~~~~~
^
S ~~~~widow(er)` $22`500 if married filing separately)................~1.~
T QC1
^
S ~2. Enter your alternative minimum taxable income~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S ~~~~(AMTI) from Form 6251` line 21....................~2.~
T Q21
S ~~~~~~~~~~~~~~
^
S ~3. Enter $112`500 ($150`000 if married filing~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S ~~~~jointly or qualifying widow(er)` $75`000 if~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S ~~~~married filing separately)........................~3.~
T QC3
S ~~~~~~~~~~~~~~
^
S ~4. Subtract line 3 from line 2. If zero or less`~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S ~~~~enter -0-.........................................~4.~
T QC4
S ~~~~~~~~~~~~~~
^
S ~5. Multiply line 4 by 25%..........................................~5.~
T QC5
^
S ~6. Subtract line 5 from line 1. If zero or less` enter -0-. Enter~~~~~~~~~~~~~~
^
S ~~~~this amount on Form 6251, line 22...............................~6.~
T QC6
^
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