Individual Taxation Taxable Income

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Can you name the Components of Individual Taxation Taxable Income?

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SectionsComponentsAdditional Info
Gross Income
 
 
 
 
 Gains/Losses
 
 and Annuity
 Income/Losses
 Income/Loss
 
 
 
 
Adjustments
 
 
 and fee deduction
 
SectionsComponentsAdditional Info
 
 
 
 
 
 
= AGI
 
 
Itemized Deductions (or Standard Deduction)if > 7.5% AGI
 State/local (income/sales and property)
 (minus home and investment)
 up to 50% AGI
 
 up to 2% AGI
 
 
Exemptions ($x,xxx)multiplied by spouse and dependents
TAXABLE INCOME

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