SOKHA SENG UEI COLLEGE GARDENA BUSINESS OFFICE ADM INCOME TAX FORM FOR 1040/MOD 120 FRANK EZENEKWE /OBJECTIVE
1 Jamie income
45,500
2 Viviana's income
12,600
3 Total income
58,100
4 Minus adjustments to income (IRAs)
-6500
5 Adjusted Gross Income
51600
6 Less itemized deductions (schedule A) 7
Medical expense
8
Total medical expenses
4,450
9
Adjusted grow income times 7.5%
3870
10
Total deductible medical expense
11
Other deductions
580
12
Home mortage interest
13,200
13
Personal property tax
14
Charitable contributions
10800
15
Total other deductions
24540
540
ADD ALL LINE
16
Total all deductions
25,120
17
Less exemptions (6 @ $3,500 each )
21,000
18
Taxable income
19
Federal income tax (married filing jointly)
20
Federal income tax withheld
21
Amount due / Refund due
5,480 548 1,515 967
1 Albert's incoime
42,300
2 Debr's income
35,600
3 Total income
77,900
4 Minus adjustments to income (IRAs)
4000
5 Adjusted Gross Income
73900
6 Less itemized deductions (schedule A) 7
Medical expense
8
Total medical expenses
9
Adjusted grow income times 7.5%
10
Total deductible medical expense
11
Other deductions
18,450 5,543.00 12,908.00
12
Real estate tax
12,100
13
Home mortage interest
14,200
14
Personal property tax
14
Charitable contributions
9800
16
Total other deductions
36680
580
17
Total all deductions
49,588
18
Less exemptions (5 @ $3,500 each )
17,500
19
Taxable income
20
Federal income tax (married filing jointly)
21
Federal income tax withheld
6,685
22
Amount due / Refund due
6,002
6,812 683
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