Schedule Co Individual - Optional Computation Of Tax Form -2008
ADVERTISEMENT
1
2E
O
0
8
0
0
Schedule CO Individual
2008
Rev. 11.08
OPTIONAL COMPUTATION OF TAX
Taxable year beginning on __________________________________ , ________ and ending on ____________________________________ , ________
Social Security Number
Taxpayer's name
Use this schedule only if you choose the optional computation of tax for married individuals living together, filing a joint return and both working.
WAGES, COMMISSIONS, ALLOWANCES AND TIPS
19
A - INCOME TAX WITHHELD
B - TAXPAYER
C - SPOUSE
1.
Wages, Commissions, Allowances and Tips
.
0
0
.
0
0
.
0
0
,
,
,
ATTACH ALL YOUR WITHHOLDING STATEMENTS
(Forms 499R-2/W-2PR, 499R-2c/W-2cPR or W-2, as
.
0
0
.
0
0
.
0
0
,
,
,
applicable).
.
0
0
.
0
0
.
0
0
,
,
,
Total of withholding statements with this schedule ...
.
0
0
.
0
0
.
0
0
,
,
,
Total ....................................................................
.
0
0
0
0
.
0
0
(01)
.
.
,
,
.
(03)
(25)
,
.
0
0
.
2.
Federal Government Wages (See instructions) ............
0
0
.
0
0
,
(02)
(04)
,
(26)
,
.
3.
Income from Annuities and Pensions (Schedule H Individual, Part II, line 12) ...................
0
0
.
0
0
(05)
,
(27)
,
Adjusted Gross Income (Add total of lines 1, 2 and 3 of Columns B and C, respectively) ........................
4.
.
0
0
.
0
0
(06)
,
(28)
,
3 0 7 5
3 0 7 5
.
.
STANDARD DEDUCTION AND PERSONAL EXEMPTION ...................................................
0
0
0
0
5.
(07)
(29)
,
,
6.
ADDITIONAL DEDUCTIONS
A. Contributions to individual retirement accounts (Do not exced from $5,000 each):
Employer Identification Number
Contribution
Financial institution
Account number
(08)
(11)
.
0
0
,
Employer Identification Number
Contribution
Financial institution
Account number
(09)
(12)
.
0
0
,
Employer Identification Number
Contribution
Financial institution
Account number
(10)
(13)
.
0
0
,
Total contributions to individual retirement accounts (Distribute the amount as it
.
0
0
.
0
0
corresponds to the taxpayer and his spouse) ...............................................................
,
,
(14)
(30)
.
B. Contributions to governmental pension or retirement systems .......................................
.
0
0
0
0
(15)
,
(31)
,
C. Deduction for Veterans (See instructions) ....................................................................
.
0
0
.
0
0
(16)
(32)
,
,
D. Ordinary and necessary expenses (Schedule I Individual, Part I, line 8 ) ......................
.
.
0
0
0
0
(17)
(33)
,
,
E. Automobile loan interest (Do not exceed from a total of $1,200. See instructions)
Financial Institution ____________________ Loan Number ______________________
.
0
0
.
0
0
Employer Identification Number
.....
,
,
(18)
(19)
(34)
.
0
0
.
0
0
F. Young people who work (See instructions) .................................................................
(20)
(35)
,
,
.
.
0
0
G. Educational Contribution Account (Schedule A1 Individual, Part II, line (10)) (See instructions) .
0
0
(21)
(36)
,
,
H. Acquisition and installation of a personal computer used by dependents (See instructions) ..
.
.
0
0
0
0
(22)
(37)
,
,
I. Contributions to the Endowment Fund of the University of Puerto Rico ................................
.
0
0
.
0
0
(23)
(38)
,
,
J. Total Additional Deductions (Add lines 6A through 6 I, Columns B and C, respectively) .....
.
0
0
.
0
0
(24)
(39)
,
,
Retention Period: Ten (10) years
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial