TY 0
C1 ~
C3 Y
C2 ~
C4 S
F5 Y
F6 S
S4 ~
S5 ~
S6 ~
|
					    ' FARM INCOME
+ F5 - S = + F11 ^ sFI			' SCHEDULE F COPY 1
+ F5 - B = + F11 / 2 ^ sFI
+ F6 - S = + sFI + FSJ ^ sFI		  ' SCHEDULE F COPY 2
+ F6 - B = + FSJ / 2 + sFI ^ sFI
					    ' FARM PROFITS
+ F5 - S = + F36 ^ sFP			' SCHEDULE F COPY 1
+ F5 - B = + F36 / 2 ^ sFP
+ F6 - S = + sFP + FSL ^ sFP		  ' SCHEDULE F COPY 2
+ F6 - B = + FSL / 2 + sFP ^ sFP
					    ' NONFARM INCOME
+ C1 - ~ = + C3 - S = + C07 ^ sCI	     ' SCHEDULE C COPY 1
+ C1 - ~ = + C3 - B = + C07 / 2 ^ sCI
+ C2 - ~ = + C4 - S = + sCI + c07 ^ sCI       ' SCHEDULE C COPY 2
+ C2 - ~ = + C4 - B = + c07 / 2 + sCI ^ sCI
					    ' NONFARM PROFITS
+ C1 - ~ = + C3 - S = + C31 ^ sCP	     ' SCHEDULE C COPY 1
+ C1 - ~ = + C3 - B = + C31 / 2 ^ sCP
+ C2 - ~ = + C4 - S = + sCP + c31 ^ sCP       ' SCHEDULE C COPY 2
+ C2 - ~ = + C4 - B = + c31 / 2 + sCP ^ sCP
^ SFO                                       ' TEST FARM OPTIONAL METHOD
+ sFI - 2400 01 < + 1 ^ SFO
+ sFP - 1733 01 < + 1 ^ SFO
+ S4 - ~ = ^ SFO
+ 1 ^ SNO                                   ' TEST NONFARM OPTIONAL METHOD
+ sCP - 1732 99 > ^ SNO
+ sCI * 9 / 10 ^ TP1
+ sCI * 8 + TP1 / 10 ^ TP1
+ sCI * 1 + TP1 / 10 ^ TP1
+ sCI * 2 + TP1 / 10 ^ TP1
+ sCI * 7 + TP1 / 10 ^ TP1
+ sCP - TP1 > ^ SNO
+ S5 - ~ = ^ SNO
+ 57 600.00 ^ ST1                    ' 1993 LIMITS
+ 7 142.40 ^ ST2
+ TY - 26 = + 60 600.00 ^ ST1        ' 1994 LIMITS
+ TY - 26 = + 7 514.40 ^ ST2
+ TY - 26 > + 61 200.00 ^ ST1        ' 1995 LIMITS
+ TY - 26 > + 7 588.80 ^ ST2
+ sFP + sCP ^ TP1                    ' NET EARNINGS
+ TP1 * 5 / 10 ^ SNE
+ TP1 * 3 + SNE / 10 ^ SNE
+ TP1 * 2 + SNE / 10 ^ SNE
+ TP1 * 9 + SNE / 1000 * 100 ^ SNE
^ SSB                                ' TEST SECTION B
+ ZWAS > + ZWAS + SNE - ST1 > + 1 ^ SSB
+ ZWAS > + t09 > + 1 ^ SSB
+ S6 - X = + 1 ^ SSB
+ SFO > + 1 ^ SSB
+ SNO > + 1 ^ SSB
+ SCHS - 108.27 > + 1 ^ SSB
^ SSA                                ' TEST SECTION A
+ SSB = + 1 ^ SSA

' SECTION A

+ sFP * SSA ^ s01                    ' LINE 1
+ sCP * SSA ^ s02                    ' LINE 2
+ s01 + s02 ^ s03                    ' LINE 3
+ SNE * SSA ^ s04                    ' LINE 4
+ s04 * 9 / 10 ^ s05                 ' LINE 5
+ s04 * 2 + s05 / 100 ^ s05
+ s04 * 4 / 10 ^ TP1
+ s04 * 2 + TP1 / 10 ^ TP1
+ s04 + TP1 / 10 ^ TP1
+ s04 - ST1 - 1 < + s05 + TP1 ^ s05
+ s04 - ST1 > + s05 + ST2 ^ s05
+ s05 / 100 * 100 ^ s05
+ s04 - 400.00 < ^ s05
+ s05 / 200 * 100 ^ s06         ' line 6

' SECTION B

+ sFP * SSB ^ sB1                           ' LINE 1
+ sCP * SSB ^ sB2                           ' LINE 2
+ sFI > + sFI * 2 / 300 * 100 * SFO ^ s15   ' LINE 15
+ s15 - 1600.00 > + 1600.00 ^ s15
+ SFO > ^ sB1
+ SFO > + s15 ^ s4B
+ 1600 00 - s15 * SNO ^ s16                 ' line 16
+ sCI > + sCI * 2 / 300 * 100 * SNO ^ s17   ' LINE 17
+ s17 - s16 > + s16 ^ s17
+ SNO > ^ sB2
+ SNO > + s4B + s17 ^ s4B
+ sB1 + sB2 ^ sB3                           ' LINE 3
+ SNE * SSB ^ s4A                           ' LINE 4A
+ sB3 < ^ s4A
+ sB3 < + sB3 ^ s4A
+ s4A + s4B ^ s4C                    ' LINE 4C
+ s4C - 400.00 < + SCHS > ^ s4C
+ SCHS * 5 / 10 ^ s5B                ' LINE 5B
+ SCHS * 3 + s5B / 10 ^ s5B
+ SCHS * 2 + s5B / 10 ^ s5B
+ SCHS * 9 + s5B / 1000 * 100 ^ s5B
+ s5B - 100.00 < ^ s5B
+ s4C + s5B ^ sB6                     ' LINE 6
+ SCHS = + s4C - 400.00 < ^ sB6
+ ZWAS * SSB ^ s8A                    ' LINE 8
+ t09 * SSB ^ s8B
+ s8A + s8B ^ s8C
+ ST1 - s8C ^ sB9                     ' LINE 9
+ sB9 < ^ sB9
+ sB6 ^ TP1                           ' LINE 10
+ sB6 - sB9 > + sB9 ^ TP1
+ TP1 * 4 / 10 ^ s10
+ TP1 * 2 + s10 / 10 ^ s10
+ TP1 + s10 / 1000 * 100 ^ s10
+ sB6 * 9 / 10 ^ s11                  ' LINE 11
+ sB6 * 2 + s11 / 10000 * 100 ^ s11
+ s10 + s11 ^ s12                     ' LINE 12
+ s12 / 200 * 100 ^ s13               ' LINE 13
+ s06 + s13 ^ s25
|
S SECTION A - SHORT SCHEDULE SE~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S --------------------------------------------------------------------------------
^
S ~1  Net farm profit or (loss) from Schedule F, line 36.............! 1 !
T s01
t FF1 F36   052 1 Transferred from Schedule F (copy 1) line 36.
t FF2 FSL   052 1 Transferred from Schedule F (copy 2) line 36.
^
S ~2  Net profit or (loss) from Schedule C line 31...................! 2 !
T s02
t FC1 C31   051 1 Transferred from Schedule C (copy 1) line 31.
t FC2 c31   051 1 Transferred from Schedule C (copy 2) line 31.
^
S ~3  Combine lines 1 and 2..........................................! 3 !
T s03
^
S ~4  NET EARNINGS FROM SELF-EMPLOYMENT. Multiply line 3 by 92.35%.~~!   !~~~~~~~~
^
S ~~~~If less than $400, do not file this schedule; you do not owe~~~!   !~~~~~~~~
^
S ~~~~self-employment tax............................................! 4 !
T s04
^
S ~5  SELF-EMPLOYMENT TAX. If the amount on line 4 is:~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~~* $
5 ST1
S ~or less, multiply line 4 by 15.3%.~~~~~~~~~~~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~~* More than $
5 ST1
S , multiply line 4 by 2.9%. Then add~~~~~~~~~!\\\!~~~~~~~~
^
S ~~~~~~$
4 ST2
S .40. Enter the total on Form 1040, line 47.............! 5 !
T s05
t FZ1 Z47   082 1 Transferred to Form 1040` line 47.
^
S ~6  DEDUCTION FOR ONE-HALF OF SELF-EMPLOYMENT TAX.~~~~!   !~~~~~~~~!\\\!\\\\\\\\
^
S ~~~~Multiply line 5 by 50%. Enter on Form 1040 line 25! 6 !
T s06
t FZ1 Z25   043 1 Transferred to Form 1040` line 25.
S !\\\!\\\\\\\\
^
F
^
S SECTION B - LONG SCHEDULE SE~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S --------------------------------------------------------------------------------
^
S PART I  SELF-EMPLOYMENT TAX~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S ~A  If you are a minister, member of a religious order, or Christian Science~~~~
^
S ~~~~practitioner AND you filed Form 4361, but you had $400 or more of other~~~~~
^
S ~~~~net earnings from self-employment, check here and continue with Part I.~~[
X S6 `X`~
Q 'X' or ' '.
S ]
^
S --------------------------------------------------------------------------------
^
S ~1  Net farm profit or (loss) from Schedule F, line 36. Note: Skip !   !~~~~~~~~
^
S ~~~~this line if you use the farm optional method..................! 1 !
T sB1
t FF1 F36   052 1 Transferred from Schedule F (copy 1) line 36.
t FF2 FSL   052 1 Transferred from Schedule F (copy 2) line 36.
^
S ~2  Net profit or (loss) from Schedule C line 31. Note: Skip this  !   !~~~~~~~~
^
S ~~~~line if you use the nonfarm optional method....................! 2 !
T sB2
t FC1 C31   051 1 Transferred from Schedule C (copy 1) line 31.
t FC2 c31   051 1 Transferred from Schedule C (copy 2) line 31.
^
S ~3  Combine lines 1 and 2..........................................! 3 !
T sB3
^
S ~4a If line 3 is more than zero, multiply line 3 by 92.35%.~~~~~~~~!   !~~~~~~~~
^
S ~~~~Otherwise, enter amount from line 3............................! 4a!
T s4A
^
S ~~b If you elected one or both of the optional methods, enter the  !   !~~~~~~~~
^
S ~~~~total of lines 15 and 17.......................................! 4b!
T s4B
t FS1 S15   059 1 Transferred from line 15.
t FS1 S17   069 1 Transferred from line 17.
^
S ~~c Combine line 4a and 4b. If less than $400, do not file this~~~~!   !~~~~~~~~
^
S ~~~~schedule; you do not owe self-employment tax. EXCEPTION. If~~~~!   !~~~~~~~~
^
S ~~~~less than $400 and you had church employee income, enter -0-   !   !~~~~~~~~
^
S ~~~~and continue...................................................! 4c!
T s4C
^
S ~5a Enter your church employee income from Form W-2...! 5a!
C SCHS
c SCHS
S !\\\!~~~~~~~~
^
S ~~b Multiply line 5a by 92.35%. If less than $100, enter -0-.......! 5b!
T s5B
^
S ~6  NET EARNINGS FROM SELF-EMPLOYMENT. Add lines 4c and 5b.........! 6 !
T sB6
^
S ~7  Maximum amount of combined wages and self-employment earnings  !   !~~~~~~~~
^
S ~~~~subject to social security tax.................................! 7 !
T ST1
^
S ~8a Total social security wages and tips from Form W-2! 8a!
C ZWAS
t FZ1 Z07   021 1 Transferred from Form 1040, line 7 amounts with category ZWAS.
S !\\\!~~~~~~~~
^
S ~~b Unreported tips subject to social secruity tax~~~~!   !~~~~~~~~!\\\!~~~~~~~~
^
S ~~~~(from Form 4137, line 9)..........................! 8b!
T t09
t FT2 t09   017 1 Transferred from Form 4137, line 9.
S !\\\!~~~~~~~~
^
S ~~c Add lines 8a and 8b............................................! 8c!
T s8C
^
S ~9  Subtract line 8c from 7. If zero or less, enter -0-............! 9 !
T sB9
^
S 10  Multiply the smaller of line 6 or 9 by 12.4%...................!10 !
T s10
^
S 11  Multiply line 6 by 2.9%........................................!11 !
T s11
^
S 12  SELF-EMPLOYMENT TAX. Add lines 10 and 11. Enter on Form 1040,  !   !~~~~~~~~
^
S ~~~~line 47........................................................!12 !
T s12
t FZ1 Z47   082 1 Transferred to Form 1040` line 47.
^
S 13  DEDUCTION FOR ONE-HALF OF SELF-EMPLOYMENT TAX.~~~~!   !~~~~~~~~!\\\!\\\\\\\\
^
S ~~~~Multiply line 12 by 50% Enter on Form 1040 line 25!13 !
T s13
t FZ1 Z25   043 1 Transferred to Form 1040` line 25.
S !\\\!\\\\\\\\
^
S --------------------------------------------------------------------------------
^
S PART II  OPTIONAL METHODS TO FIGURE NET EARNINGS~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
^
S FARM OPTIONAL METHOD. You may use this method only if (a) Your gross farm~~~~~~~
^
S income was not more than $2,400 or (b) Your gross farm income was more than~~~~~
^
S $2,400 and your net farm profits were less than $1,733.~~~~~~~~~~~~~~~~~~~~~~~~~
^
S ~~~~Check here to select the Farm Optional Method...............[
X S4 `X`~
Q 'X' or ' '.
S ]~~~~~~~~~~~~~
^
S 14  Maximum income for optional methods............................!14 !   1,600
^
S 15  Enter the smaller of: two-thirds of gross farm income (not~~~~~!   !~~~~~~~~
^
S ~~~~less than zero) or $1,600. Also include this amount on line 4b.!15 !
T s15
t FF1 F11   026 1 Transferred from Schedule F (copy 1) line 11.
t FF2 FSJ   026 1 Transferred from Schedule F (copy 2) line 11.
t FS2 s4B   030 1 Transferred to line 4b.
^
S --------------------------------------------------------------------------------
^
S NONFARM OPTIONAL METHOD. You may use this method only if (a) Your net nonfarm~~~
^
S profits were less than $1,733 and also less than 72.189% of your gross nonfarm~~
^
S income, and (b) You had net earnings from self-employment of at least $400 in 2~
^
S of the prior 3 years. CAUTION: You may use this method no more than five times.~
^
S ~~~~Check here to select the Nonfarm Optional Method............[
X S5 `X`~
Q 'X' or ' '.
S ]~~~~~~~~~~~~~
^
S 16  Subtract line 15 from 14.......................................!16 !
T s16
^
S 17  Enter the smaller of: two-thirds of gross nonfarm income (not  !   !~~~~~~~~
^
S ~~~~less than zero) or the amount on line 16. Also, include this   !   !~~~~~~~~
^
S ~~~~amount on line 4b above........................................!17 !
T s17
t FC1 C07   023 1 Transferred from Schedule C (copy 1) line 7.
t FC2 c07   023 1 Transferred from Schedule C (copy 2) line 7.
t FS2 s4B   030 1 Transferred to line 4b.
^
|
