Tax return assignment
Sheet1
| computation for taxable income of an individual | ||
| for the year ended 31.12.2018( asumed a single person with business) | ||
| adjusted net profit | 20263 | |
| itemized deduction | 12000 | |
| qualified business deduction | 2173 | |
| taxable income | 6090 | |
| tax for the year | 609 | |
| federal income tax with held | 1025 | |
| amount over paid | 416 |