Professional Documents
Culture Documents
Tax p2 - Itemized Deduction With Sample
Tax p2 - Itemized Deduction With Sample
(GENERAL)
MR. SAM BARBO
ITEMIZED DEDUCTION (GENERAL)
ITEMIZED DEDUCTION
ITEMIZED DEDUCTION
ITEMIZED DEDUCTION
ITEMIZED DEDUCTION
ITEMIZED DEDUCTION
SAMPLE COMPUTATION
GROSS INCOME 748,366
LESS: DEDUCTIONS
SALARIES AND WAGES 255,201.00
Interest Expense 2,050.00
Amortization - Leasehold 34,464.00
Improvements
Depreciation Expense 23,031.00
ITEMIZED DEDUCTION (GENERAL)
SAMPLE COMPUTATION
Bad Debts Expense 7,500.00
Telephone and 12,245.00
Communication
Charitable Contributions 20,000.00
Research and Development 25,000.00
Office Supplies 12,700.00
Taxes & Licenses 27,050.00
ITEMIZED DEDUCTION (GENERAL)
SAMPLE COMPUTATION
Transportation and 3,093.00
Allowances
Rent Expense 120,000.00
Miscellaneous Expenses 1,236.00
TOTAL DEDUCTION 543,570.00
GROSS INCOME BEFORE 204,796.00
INCOME TAX
THANK
YOU PO AND GOD
BLESS