"I consider CFS products to be not only economical, but also some of the 'best' on the market."
James Kendall Jordan, ATA, ATP, Hartwell, GA
Tax Planner
Tax Year 2012 2013 2013 2013
Tax Scenario Current Law American Taxpayer Relief Act of 2012 Lower Bracket for Regular Income Tax Cuts Expired
Filing Status
Qualifying Children for Child Tax Credit
Qualifying Children for Earned Income Credit
Total No. of Dependents (exclude spouse)
Wages
Taxable Interest
Ordinary Dividends
Qualified Dividends
Business Income (Schedule C)
Short Term Capital Gain
Long Term Capital Gain
Capital Gain
Taxable IRA Distributions
Taxable Pensions And Annuities
Other Income
Deductible Self-employment Tax
Other Adjustments
Adjusted Gross Income
Use standard deductions?
+ Itemized Deductions (Please enter total amount from Schedule A (Form 1040))
(Itemized deduction details are hidden and won't be calculated.)
Itemized Deductions (Override)
Total Itemized Deductions
Exemptions
Taxable Income
Tax
Alternative Minimum Tax
Tax + AMT
Child Tax Credit
Other Credits
Total Credits
Self-employment Tax
Additional Medicare Tax (Health Care Act)
Unearned Income Medicare Contribution (Health Care Act)
Other Taxes
Total Income Tax
Earned Income Credit
Additional Child Tax Credit
Total Payments
Total Tax Liability
* Please enter calculated net amounts from Schedule A (Form 1040). This program doesn't calculate Schedule A net amounts.