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SOLUTIONS FOR QUESTIONS AND PROBLEMS Chapter 1 The Individual Income Tax Return
Gross Income and Exclusions
Business Expenses and Retirement Plans
22 other sections not shown
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2004 tax return Add lines Additional tables adjusted basis adjusted gross income alternative minimum tax amount from line amount on line asset assist the student Attach Form Attach Schedule Calculate the amount capital loss cash child tax credit claim completing this test Comprehensive Problem corporation cost deduction for 2004 depreciation earned income credit employee Enter the amount Enter the smaller estimated tax fair market value Form W-4 Form(s gain or loss income for 2004 income tax return Individual Retirement Account instructions interest income Internal Revenue Service itemized deductions joint return line 37 long-term capital gain married filing separately maximum Multiple Choice Questions Multiply line ordinary income paid partnership interest payments penalty percent received refund rental required to assist Section self-employed social security number spouse Spouse's standard deduction student in completing Subtract line tax liability tax rate tax withheld taxable income test question wages Worksheet