Êÿ$  H=========================H===============H@$====================================H=ˆˆ@HV 2ˆˆ@HV 1H (d)+(e)H (e) Sec 179 H@(d) Depreciation DeductionH H HPn D - Depreciation of Vehicles.H%Section D - Depreciation of Vehicles.ˆ &þÿˆ &þÿH@Add lines 20 and 21.H22ˆˆH@$Depreciation from Section D, col. F.H21ˆÿïAˆÿïAH@ Multiply line 19 by % on line 4.H20ˆ &ÿýˆ &ÿýH@Add lines 16 through 18.H19ˆˆH@#Value of employer-provided vehicle.H18ˆˆH@Vehicle rentals.H17ˆˆH@"Gas, oil, repairs, insurance, etc.H16H Vehicle 2H Vehicle 1HPn C - Actual ExpensesHSection C - Actual Expensesˆ &þÿˆ &þÿH@Add lines 13 and 14.H15ˆ þ?ˆ þ?H@Multiply line 12 by 11 cents.H14ˆ þ?$ˆ þ?$H@Multiply line 11 by 24 cents.H13ˆ÷ÿˆ÷ÿH@Subtract line 11 from line 3.H12ˆˆH@(Enter smaller of line 3 or 15,000 miles.H11H H H@ line 61 enter AMOUNT YOU OWE.H65ˆH@(Amt of line 62 to be applied toward '89.H64ˆÿH@(Amount of line 62 to be REFUNDED TO YOU.H63ˆþõþõH@+If line 61 > line 53 enter amount OVERPAID.H62H-------------------------H---------------H@$------------------------------------H-ˆH@)Add lines 54 through 60. TOTAL PAYMENTS.H61ˆH@$Regulated investment company credit.H60ˆH@!Credit from Federal tax on fuels.H59ˆH@Excess social security tax.H58ˆH@Amt paid with Form 4868.H57ˆH@Earned income credit.H56ˆH@1988 estimated tax pmts.H55ˆH@Federal income tax withheld.H54H-------------------------H---------------H@$------------------------------------H-ˆH@,Add lines 47 through 52. This is TOTAL TAX.H53ˆH@*Tax on an IRA or qualified retirement planH52ˆH@Social security tax on tips.H51ˆH@Recapture taxesH50ˆH@Alternative minimum tax.H49ˆH@Self Employment Tax (Sched SE).H48H-------------------------H---------------H@$------------------------------------H-ˆøÿH@Subtract line 46 from 40.H47ˆ &ÿÿûÿH@Add lines 41 through 45H46ˆH@!Credit for prior year minimum taxH45ˆH@General business creditH44ˆH@Foreign tax credit.H43ˆH@Credit for elderly/disabled.H42ˆH@Credit for Child Care Expenses.H41H-------------------------H---------------H@$------------------------------------H-ˆ &þÿH@Add lines 38 and 39.H40ˆH@-Additional taxes from Form 4970 or Form 4972.H39ˆH@3Enter tax from table, rate sched, or Form 8615 etc.H38ˆþÿH@*TAXABLE INCOME. Subtract line 36 from 35.H37ˆ ÛAPH@+Multiply $1950 by the number of exemptions.H36ˆýÿH@Subtract 34 from 32.H35ˆH@ITEMIZED DEDUCTIONSH34ˆH@%Add # of boxes checked and enter hereH33aˆþH@(Amt from line 30 (adjusted gross income)H32H=========================H===============H@$====================================H=ˆõþH@1Subtract line 30 from 23. ADJUSTED GROSS INCOME.H31H-------------------------H---------------H@$------------------------------------H-ˆ &ÿÿùÿH@&Add lines 24 - 29. TOTAL ADJUSTMENTS.H30ˆH@ Alimony paidH29ˆH@&Penalty on early withdrawal of savingsH28ˆH@ Keogh retirement & SEP deductionH27ˆH@(Self-employed health insurance deductionH26ˆH@Spouse's IRA deductionH25bˆH@Your IRA deductionH25aˆH@%Reimbursed employee business expense.H24H-------------------------H---------------H@$------------------------------------H-ˆ &ÿH@&TOTAL INCOME (Add lines 7 through 22).H23ˆH@ Other incomeH22ˆH@Taxable amount, if anyH bˆH@Social security benefitsH21aˆH@Unemployment compensation.H20ˆH@Farm income (attach Sched F)H19ˆH@&Rents, royalties, etc (attach Sched E)H18ˆˆH@Total Pensions & annuitiesH17aˆˆH@Total IRA distributionsH 16aˆH@Other gains (losses)H15ˆH@(Capitalgain distributions not on line 13H14ˆH@#Capital gain (loss)(attach Sched D)H13ˆH@&Business income (loss)(attach Sched C)H12ˆH@Alimony received.H11ˆH@0Taxable refunds of state and local income taxes.H10ˆH@+Dividend income. (attach Sched B if > $400)H9ˆH@Tax-exempt interest income.H8aˆH@2TAXABLE interest income (attach Sched B if > $400)H8ˆH@Wages, salaries, tips, etc.H7@ˆH@!Enter total number of exemptions.H6ˆˆ@ˆ@H hereHQ) Enter filing status number hereQˆAPH@&QUALIFYING WIDOW(er) w/dependent childH5ˆADH@HEAD OF HOUSEHOLD.H4ˆA%H@MARRIED FILING SEPARATE RETURN.H3ˆAPH@MARRIED FILING JOINT.H2ˆA0H@SingleH1H@ Filing StatusH@'1988 Income Tax Spreadsheet: Form 1040