Instructions For Wisconsin Income Tax Form 1a/wi-Z - 1998 Page 16

ADVERTISEMENT

16
SPECIAL TAX WORKSHEET FOR
TABLE A
DEPENDENTS WITH UNEARNED INCOME
1998 STANDARD DEDUCTION
For Use in Completing
If you have more than $250 of unearned income and your parent (or
Special Tax Worksheet for Dependents
someone else) can claim you as a dependent on his or her return,
you must use the worksheet below to compute your tax. Unearned
If line 1 of Special
If line 1 of Special
income includes interest, dividends, taxable scholarships and fel-
Tax Worksheet is:
Tax Worksheet is:
lowships not reported on a W-2, unemployment compensation, and
retirement plan distributions.
At
But less
At
But less
Your standard
Your standard
least
than
least
than
deduction is–
deduction is–
Do not use this worksheet if:
0
7,500
5,200
29,500 30,000
2,530
7,500
8,000
5,170
30,000 30,500
2,470
• Your unearned income is less than $251 or
8,000
8,500
5,110
30,500 31,000
2,410
• Your only income is from wages.
8,500
9,000
5,050
31,000 31,500
2,350
9,000
9,500
4,990
31,500 32,000
2,290
Use the tax table on pages 17-20 instead.
9,500 10,000
4,930
32,000 32,500
2,230
10,000 10,500
4,870
32,500 33,000
2,170
10,500 11,000
4,810
33,000 33,500
2,110
11,000 11,500
4,750
33,500 34,000
2,050
Special Tax Worksheet for Dependents
11,500 12,000
4,690
34,000 34,500
1,990
1. Fill in the amount from line 10 of
12,000 12,500
4,630
34,500 35,000
1,930
12,500 13,000
4,570
35,000 35,500
1,870
Form 1A or line 1 of Form WI-Z . . . . . . . . . . . . . . 1. _________
13,000 13,500
4,510
35,500 36,000
1,810
2. Amount of earned income*
13,500 14,000
4,450
36,000 36,500
1,750
14,000 14,500
4,390
36,500 37,000
1,690
included in line 1. . . . . . . . . . . . . . 2. _________
250.00
3. Addition amount . . . . . . . . . . . . . . 3. _________
14,500 15,000
4,330
37,000 37,500
1,630
15,000 15,500
4,270
37,500 38,000
1,570
4. Add lines 2 and 3. If total is
15,500 16,000
4,210
38,000 38,500
1,510
less than $700, fill in $700 . . . . . . 4. _________
16,000 16,500
4,150
38,500 39,000
1,450
16,500 17,000
4,090
39,000 39,500
1,390
5. Fill in your standard deduction
from Table A in the next column . 5. _________
17,000 17,500
4,030
39,500 40,000
1,330
17,500 18,000
3,970
40,000 40,500
1,270
6. Look at lines 4 and 5. Fill in the
18,000 18,500
3,910
40,500 41,000
1,210
smaller of the two amounts here . . . . . . . . . . . . 6. _________
18,500 19,000
3,850
41,000 41,500
1,150
7. Subtract line 6 from line 1 . . . . . . . . . . . . . . . . . . 7. _________
19,000 19,500
3,790
41,500 42,000
1,090
8. Use the amount on line 7 to compute your tax
19,500 20,000
3,730
42,000 42,500
1,030
using Table B in the next column. Fill in the
20,000 20,500
3,670
42,500 43,000
970
20,500 21,000
3,610
43,000 43,500
910
tax here and on line 12 of Form 1A or line 3 of
21,000 21,500
3,550
43,500 44,000
850
Form WI-Z . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8. _________
21,500 22,000
3,490
44,000 44,500
790
* Earned income includes wages, salaries, tips, other employe
22,000 22,500
3,430
44,500 45,000
730
compensation, and scholarships and fellowships which are
22,500 23,000
3,370
45,000 45,500
670
23,000 23,500
3,310
45,500 46,000
610
reported on a W-2.
23,500 24,000
3,250
46,000 46,500
550
24,000 24,500
3,190
46,500 47,000
490
24,500 25,000
3,130
47,000 47,500
430
25,000 25,500
3,070
47,500 48,000
370
25,500 26,000
3,010
48,000 48,500
310
26,000 26,500
2,950
48,500 49,000
250
26,500 27,000
2,890
49,000 49,500
190
27,000 27,500
2,830
49,500 50,000
130
27,500 28,000
2,770
50,000 50,500
70
28,000 28,500
2,710
50,500 51,000
10
28,500 29,000
2,650
51,000 or over
0
29,000 29,500
2,590
TABLE B
1998 TAX RATE SCHEDULE
For Use in Completing
Special Tax Worksheet for Dependents
LINE 7 OF THE
SPECIAL TAX
WORKSHEET IS:
YOUR 1998 TAX IS:
of the
but not
amount
over—
over—
over—
$
0
$ 7,500
. . . . . . . . 4.77%
$
0
7,500
15,000
$357.75 + 6.37%
7,500
15,000 or over
835.50 + 6.77%
15,000

ADVERTISEMENT

00 votes

Related Articles

Top 20 Happy Easter Cards And Gift Tags To Download For Free
Top Ten Easter Arts And Crafts Activities For Your Kids
Free Easter Coloring Pages And Easter Printables For Your Kids

Related forms

Instructions For Withholding Income Tax Form - Pa Income Tax Administrator Instructions For Withholding Income Tax Form - Pa Income Tax Administrator Financial
Instructions For Individual Income Tax Form - South Carolina Instructions For Individual Income Tax Form - South Carolina Financial
General Instructions For Springdale Income Tax Form (br) - 1999 General Instructions For Springdale Income Tax Form (br) - 1999 Financial
Form 1npr Instructions - 2006 - Wisconsin Income Tax For Nonresidents And Part-year Residents Form 1npr Instructions - 2006 - Wisconsin Income Tax For Nonresidents And Part-year Residents Financial
Instructions For Partnership Income Tax Return Arizona Form 165 1998 Instructions For Partnership Income Tax Return Arizona Form 165 1998 Financial
Wisconsin Income Tax Form - Nonresident And Part-year Resident Wisconsin Income Tax Form - Nonresident And Part-year Resident Financial
Instructions For Filing Annual Return For Earned Income Tax (form 7) Instructions For Filing Annual Return For Earned Income Tax (form 7) Legal
Instructions For Corporation Income Tax Amended Return Form Mo-1120x December 1997 Instructions For Corporation Income Tax Amended Return Form Mo-1120x December 1997 Financial
Instructions For Individual Income Tax Return And Declaration Form Ohio Instructions For Individual Income Tax Return And Declaration Form Ohio Financial
Form 1100-p - Instructions For Personal Income Tax Payments By Form 1100-p - Instructions For Personal Income Tax Payments By "s" Corporations - State Of Delaware Financial

Related Categories

Parent category: Financial
Download
Go
Page of 20