Federal Income Tax Computation

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Document Sample
scope of work template
							      Federal Income Tax Computation



Simple Computation                 Detailed Computation
     Gross Income                          Gross Income
      – Deductions          – Above-the-Line Deductions
   Taxable Income                 Adjusted Gross Income
      x Tax Rate(s)   – Standard or Itemized Deduction(s)
     Tentative Tax               – Personal Exemption(s)
          – Credits                      Taxable Income
          Tax Due                          x Tax Rate(s)
                                           Tentative Tax
                                                – Credits
                                                Tax Due

						
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