Comparative Taxable Income
For the years 2003 - 2006
Income Wages and salaries Dividends and Interest Taxable refunds Alimony received Net business income (Loss) Net capital gain (Loss) Net rent income (Loss) Net partnership income (Allowable Loss) Other income (Loss) Total Income Adjustments to gross income IRA deduction Spouse's IRA deductions Moving expenses 1/2 of Self-employment tax Self-employed health insurance Keogh plan payments SEP contribution Alimony paid Other adjustments Total Adjustments Adjusted gross income Itemized deductions Medical Income taxes Property taxes Mortgage Interest Paid Charitable Contributions Casualty and Theft Losses Unreimbursed Moving Expenses Unreimbursed Employee Business Expenses Miscellaneous Deductions Total Itemized Deductions Allowable Exemptions Total Deductions and Exemptions Taxable Income 2003 $100,000 $1,000 $500 $11,000 $2,000 2004 $110,000 $1,000 $600 $12,000 $3,000 2005 $120,000 $1,200 $700 $13,000 $4,000 2006 $125,000 $1,300 $800 $14,000 $5,000
$114,500
$126,600
$138,900
$146,100
$2,000 $2,000 $900 $1,000 $1,200 $1,400
$1,000
$1,100
$1,200
$1,300
$5,900 $108,600
$2,100 $124,500
$2,400 $136,500
$2,700 $143,400
$500 $5,000 $2,000 $2,500 $500
$500 $5,100 $2,000 $2,500 $500
$500 $5,200 $2,000 $2,500 $500
$500 $5,300 $2,000 $2,500 $500
$500 $10,500 $7,800 $18,300 $90,300
$500 $10,600 $8,200 $18,800 $105,700
$500 $10,700 $8,400 $19,100 $117,400
$500 $10,800 $9,000 $19,800 $123,600
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