IRS.gov has a state sales tax calculator. Use an Abilene zip code and select Taylor County. Print off your result and attach it to the back of your project
accounting
Description
- You must complete all forms by hand and in pencil
- Make sure all numbers are legible
- Round to the nearest whole dollar amount...the IRS does not deal in cents
- Complete the forms in the order given in the attachment
- IRS.gov has a state sales tax calculator. Use an Abilene zip code and select Taylor County. Print off your result and attach it to the back of your project
- You will use the Lifelong Learning Credit (LLC) for the education. The taxpayer is not eligible for the AOTC and the LLC gives a greater benefit than the Tuition and Fees Deduction
- For the QBI deduction calculation, you will need to subtract the 1/2 of the SE tax before you multiply by 20%
