Instructions For Form 1045 - Application For Tentative Refund - 2000 Page 6
ADVERTISEMENT
1
2
3
4
5
6Itemized Deductions Limitation Worksheet—See the Line 34 Instructions (keep for your records)
Enter applicable carryback year
1.
Add
the
amounts
from
Form
1045,
Schedule B, lines 16, 22, 27, and 32, and
the amounts from Schedule A (Form 1040),
*
lines 9, 14, and 27
(lines 9, 14, 27, and 28
for 1994; lines 8, 12, 18, and 25 for
1991–93) (or as previously adjusted)
2.
Add
the
amounts
from
Form
1045,
Schedule B, lines 16 and 27; Schedule A
*
(Form 1040), line 13
(line 11 for 1991–93),
and any gambling losses included on
*
Schedule A (Form 1040), line 27
(line 28
for 1994; line 25 for 1991–93) (or as
previously adjusted)
3.
Subtract line 2 from line 1. If the result is
zero or less, stop here; combine the
amounts from Form 1045, Schedule B,
lines 17, 23, 28, and 33, and enter the result
on line 34 and line 6 of Form 1045,
Schedule B
4.
Multiply line 3 by 80% (.80)
5.
Enter
the
amount
from
Form
1045,
Schedule B, line 18
6.
Enter:
● $100,000 for 1991 ($50,000 if married
filing separately);
● $105,250 for 1992 ($52,625 if married
filing separately);
● $108,450 for 1993 ($54,225 if married
filing separately);
● $111,800 for 1994 ($55,900 if married
filing separately);
● $114,700 for 1995 ($57,350 if married
filing separately);
● $117,950 for 1996 ($58,975 if married
filing separately);
● $121,200 for 1997 ($60,600 if married
filing separately);
● $124,500 for 1998 ($62,250 if married
filing separately);
● $126,600 for 1999 ($63,300 if married
filing separately).
7.
Subtract line 6 from line 5
8.
Multiply line 7 by 3% (.03)
9.
Enter the smaller of line 4 or line 8
10.
Subtract line 9 from line 1
11.
Total itemized deductions from Schedule A
*
(Form 1040), line 28
(line 29 for 1994; line
26 for 1991–93) (or as previously adjusted)
12.
Subtract line 10 from line 11. Enter the
difference here and on line 6 of Form 1045,
Schedule B
*
If you filed Form 1040-T in 1995, use the amounts from the appropriate lines.
Page 6
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial