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Tax Computation

If your taxable income is $100,000 or more, use the Tax Computation Worksheet. Choose the section for your tax filing status to compute your income tax.

Where to find the Tax Computation Worksheet?

The IRS federal income tax computation worksheet is in the 1040 Instruction booklet page 75. The number calculated by the Tax Computation Worksheet is then entered on line 44 of the form 1040.

How to use the tax computation worksheet?

Your income tax is the amount in the second column of your bracket times your tax rate minus a set amount for your tax bracket. The worksheet below is used to calculate the income tax. To use the tax computation worksheet, follow the steps below:

  1. choose your tax filing status and only use the section of the Tax Computation Worksheet for your tax filing status. Leave the rest alone. There are 4 sections (A-D) of the Tax Computation Worksheet for different tax filing statuses.

     

  2. enter your taxable income from line 43 of tax form 1040 in column (a) of the Tax Computation Worksheet on the appropriate line corresponding to your taxable income level.

     

  3. fill out the column (c) of the Tax Computation Worksheet which is (a) x (b).

     

  4. fill out the last column of the Tax Computation Worksheet which is to subtract (d) from (c) and entered that number on the form 1040 line 44.

 Tax Computation


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