“1. Enter your adjusted gross income for each period (see instructions). (Estates and trusts, enter your taxable income without
your exemption
for each period.)”
|
“(a) 1/1/07-3/31/07” field contains 3,750
|
“(b) 1/1/07-5/31/07” field contains 9,596
|
“(c) 1/1/07-8/31/07” field contains 17,993
|
“(d) 1/1/07-12/31/07” field contains 30,427
|
|
“3. Annualized income. Multiply line 1 by line 2”
|
“(a) 1/1/07-3/31/07” field contains 15,000
|
“(b) 1/1/07-5/31/07” field contains 23,030
|
“(c) 1/1/07-8/31/07” field contains 26,990
|
“(d) 1/1/07-12/31/07” field contains 30,427
|
|
“4. Enter your itemized deductions for the period shown in each column. If you do not itemize, enter 0 and skip to line 7.
(Estates and trusts,
enter 0, skip to line 9, and enter the amount from line 3 on line 9.)”
|
“(a) 1/1/07-3/31/07” field contains 2,250
|
“(b) 1/1/07-5/31/07” field contains 3,750
|
“(c) 1/1/07-8/31/07” field contains 6,000
|
“(d) 1/1/07-12/31/07” field contains 9,000
|
|
“6. Multiply line 4 by line 5 (see instructions if line 3 is more than $78,200)”
|
“(a) 1/1/07-3/31/07” field contains 9,000
|
“(b) 1/1/07-5/31/07” field contains 9,000
|
“(c) 1/1/07-8/31/07” field contains 9,000
|
“(d) 1/1/06712/31/07” field contains 9,000
|
|
“7. In each column, enter the full amount of your standard deduction from Form 1040, line 40, or Form 1040A, line 24, (Form
1040N.R. or
1040N.R.-E.Z. filers, enter 0. Exception: Indian students and business apprentices, enter standard deduction from Form 1040N.R.,
line 37, or Form
1040N.R.-E.Z., line 11.)”
|
“(a) 1/1/07-3/31/07” field contains 7,850
|
“(b) 1/1/07-5/31/07” field contains 7,850
|
“(c) 1/1/07-8/31/07” field contains 7,850
|
“(d) 1/1/07-12/31/07” field contains 7,850
|
|
“8. Enter the larger of line 6 or line 7”
|
“(a) 1/1/07-3/31/07” field contains 9,000
|
“(b) 1/1/07-5/31/07” field contains 9,000
|
“(c) 1/1/07-8/31/07” field contains 9,000
|
“(d) 1/1/07-12/31/07” field contains 9,000
|
|
“9. Subtract line 8 from line 3”
|
“(a) 1/1/07-3/31/07” field contains 6,000
|
“(b) 1/1/07-5/31/07” field contains 14,030
|
“(c) 1/1/07-8/31/07” field contains 17,990
|
“(d) 1/1/07-12/31/07” field contains 21,427
|
|
“10. In each column, multiply $3,400 by the total number of exemptions claimed (see instructions if line 3 is more than $117,300).
(Estates and
trusts and Form 1040N.R. or 1040N.R.-E.Z. filers, enter the exemption amount shown on your tax return.)”
|
“(a) 1/1/07-3/31/07” field contains 6,800
|
“(b) 1/1/07-5/31/07” field contains 6,800
|
“(c) 1/1/07-8/31/07” field contains 6,800
|
“(d) 1/1/07-12/31/07” field contains 6,800
|
|
“11. Subtract line 10 from line 9”
|
“(a) 1/1/07-3/31/07” field contains 0
|
“(b) 1/1/07-5/31/07” field contains 7,230
|
“(c) 1/1/07-8/31/07” field contains 11,190
|
“(d) 1/1/07-12/31/07” field contains 14,627
|
|
“12. Figure your tax on the amount on line 11 (see instructions)”
|
“(b) 1/1/07-5/31/07” field contains 723
|
“(c) 1/1/07-8/31/07” field contains 1,118
|
“(d) 1/1/07-12/31/07” field contains 2,346
|
|
“13. Self-employment tax from line 34 below (complete Part II)”
|
“(b) 1/1/07-5/31/07” field contains 1,221
|
“(c) 1/1/07-8/31/07” field contains 1,822
|
“(d) 1/1/07-12/31/07” field contains 2,346
|
|
“15. Total tax. Add lines 12, 13, and 14”
|
“(b) 1/1/07-5/31/07” field contains 1,944
|
“(c) 1/1/07-8/31/07” field contains 2,940
|
“(d) 1/1/07-12/31/07” field contains 3,980
|
|
“16. For each period, enter the same type of credits as allowed on Form 2210, lines 1 and 3 (see instructions)”
|
“(a) 1/1/07-3/15/07 ”field contains 2,853
|
“(b) 1/1/07-5/31/07 ”field contains 1,633
|
“(c) 1/1/07-8/31/07 ”field contains 1,001
|
“(d) 1/1/07-12/31/07” field contains 450
|
|
“17. Subtract line 16 from line 15. If zero or less, enter 0”
|
“(a) 1/1/07-3/31/07” field contains 0
|
“(b) 1/1/07-5/31/07” field contains 311
|
“(c) 1/1/07-8/31/07” field contains 1,939
|
“(d) 1/1/07-12/31/07” field contains 3,530
|
|
“19. Multiply line 17 by line 18”
|
“(a) 1/1/07-3/31/07” field contains 0
|
“(b) 1/1/07-5/31/07” field contains 140
|
“(c) 1/1/07-8/31/07” field contains 1,309
|
“(d) 1/1/07-12/31/07” field contains 3,117
|
|
“20. Enter the total of the amounts in all previous columns of line 25”
|
“(b) 1/1/07-5/31/07” field contains 0
|
“(c) 1/1/07-8/31/07” field contains 140
|
“(d) 1/1/07-12/31/07” field contains 1,309
|
|
“21. Subtract line 20 from line 19. If zero or less, enter 0”
|
“(a) 1/1/07-3/31/07” field contains 0
|
“(b) 1/1/07-5/31/07” field contains 140
|
“(c) 1/1/07-8/31/07” field contains 1,169
|
“(d) 1/1/07-12/31/07” field contains 1,868
|
|
“22. Enter 25% (.25) of line 9 on page 1 of Form 2210 in each column”
|
“(a) 1/1/07-3/31/07” field contains 794
|
“(b) 1/1/07-5/31/07” field contains 794
|
“(c) 1/1/07-8/31/07” field contains 794
|
“(d) 1/1/07-12/31/07” field contains 794
|
|
“23. Subtract line 25 of the previous column from line 24 of that column”
|
“(b) 1/1/07-5/31/07” field contains 794
|
“(c) 1/1/07-8/31/07” field contains 1,448
|
“(d) 1/1/07-12/31/07” field contains 1,073
|
|
“24. Add lines 22 and 23”
|
“(a) 1/1/07-3/31/07” field contains 794
|
“(b) 1/1/07-5/31/07” field contains 1,588
|
“(c) 1/1/07-8/31/07” field contains 2,242
|
“(d) 1/1/07-12/31/07” field contains 1,867
|
|
“25. Enter the smaller of line 21 or line 24 here and on Form 2210, line 18”
|
“(a) 1/1/07-3/31/07” field contains 0
|
“(b) 1/1/07-5/31/07” field contains 140
|
“(c) 1/1/07-8/31/07” field contains 1,169
|
“(d) 1/1/07-12/31/07” field contains 1,867
|
|