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Get And Sign 1120s Schedule K1 2018-2021 Form

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in this presentation we'll look at tax software for some scenarios related to interest income for more accounting information and accounting courses visit our website at accounting instruction dot info and for t we have a single individual no dependents if we go to page 2 this is where we will report the income so we have the wages we're gonna say are a hundred thousand of w-2 wages this is the new item here the 310 of interest income in the income section drinking the income up to the total income line six one hundred thousand three hundred and ten then we have the adjusted gross income no adjustments to it one hundred thousand three hundred ten standard deduction for single individual twelve thousand taxable income down to eighty eight thousand three hundred and ten and then the tax is going to be calculated on that at the fifteen thousand four eighty eight so we're going to give that is going to be our total tax will be the fifteen thousand four eighty eight note that we do not see

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