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INCOME Wages, salaries, tips, etc Capital gain or loss other incone Total incone 1 , 2 5 0 , 0 0 0 1 , 1

INCOME
Wages, salaries, tips, etc
Capital gain or loss
other incone
Total incone
1,250,000
1,100
60,000
1,311,100
ADJUSTMENTS TO INCOME
Total adjustments
Adjusted gross incone.
ITEMIZED DEDUCTIONS
Taxes
Contributions
other miscellaneous deductions
Total itenized deductions
TAX COMPUTATION
Standard deduction.
Larger of Itemized or standard deduction
Taxable income
Tax before credits
CREDITS
Total credits
Tax after credits
OTHER TAXES
other taxes
Total tax.
PAYMENTS & REFUNDABLE CREDITS
Federal income tax withheld.
Estinated tax payments
Total payments
REFUND OR AMOUNT DUE
Amount overpaid
Anount refunded to you.
Anount you owe.
TAX RATES
Marginal tax rate
Effective tax rate
1,311,100
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