IRS Courseware - Standard and Itemized Deductions




			Standard and Itemized Deductions

Calculating Taxable Income

Focus on Forms (continued)



		The same scenario continues. Deborah, a single taxpayer with taxable income of $46,250, reports her capital gains of $798 from XYZ Investments directly on line 13 of Form 1040. Click here to open the Qualified Dividends and Capital Gain Tax Worksheet and complete lines 14 through 18. Click here to open the Tax Table.



		Open the Qualified Dividends and Capital Gain Tax Worksheet, complete lines 14 through 18, and then click Check My Answer.		Page 124 of 144