RollTide68
Level 8
‎03-13-2021 02:45 PM
 1040       
 Line 125000      
 Line 2b3000      
 Line 3b2000      
 Line 4b1000      
 Line 5b100      
 Line 6B1635      
 Line 736      
Line1Total 1-7

add sched 1-7

also

32771     
Line2Schedule 1 line 8 0    
Line3 Add Line1 & 232771    
  1040      
  Line 10b300     
  Schedule 1      
  Line 10250     
  Line 11      
  Line 12      
  Line 13      
  Line 14      
  Line 15      
  Line 16      
  Line 17      
  Lie 18a      
  Line 19      
  Line 201150     
  Line 21      
Line 4 Total1700     
Line 5 Subtract Line 4 from 331071    
Line 6 If Line 5 = $150,000 or more  Stop - No exclusion   
  If Line 5 = less than $150,000 go to line 7   
Line 7Unemployment compensation paid not to exceed $10,200 10200
Line 8Unemployment compensation paid to spouse not to exceed $10,200 
Line 9     Add Line 7 & 810200
Line 10Subtract Line 9 from line 2 and enter amount on Schedule 1 line 8 -10200

 

Line 2 (Schedule 1 Line 😎 should not include the excluded amount only what would normally go there...things like other income, gambling winnings etc..  I made the same mistake the first time running through it. 

 

Sample numbers included and it messed up the table when converted sorry.

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