Form 1040 (2007) Page 2. Summary: This is an example of Form 1040 (2007), page 2 as pertains to the text. The completed line items are:
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Under
“Tax and Credits”:
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“38. Amount from line 37 (adjusted gross income)” field contains negative 2,350
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“40. Itemized deductions (from Schedule A) or your standard deduction (see left margin)” field contains 5,350
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“41. Subtract line 40 from line 38” field contains negative 7,700
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“42. If line 38 is over $117,300 see page 37. Otherwise, multiply $3,400 by the total number of exemptions claimed on line
6d.” field
contains 3,400
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“43. Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter 0” field contains
0
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Under
“Sign Here”:
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“Your signature” field contains Glenn M. Johnson
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“Date” field contains 2-4-2008
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“Your occupation” field contains Self-employed
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