ITEMS

AMOUNTS

1.      Enter the total amount of SS benefits

$

2.      Enter one half of line 1

3.      Enter the total of taxable income items except SS

4.      Enter the tax exempt interest income

5.      Add lines 2,3, and 4

6.      Enter all adjustments of AGI

7.      Subtract line 6 from line 5

8.      Enter $25,000  ($ 32,000 if married filing joint)

9.      Subtract line 8 from line 7

10.  Enter $9,000 ( $12,000 if married filing joint)

11.  Subtract line 10 from line 9

12.  Enter the Smaller of line 9 or  line 10

13.  Enter one half of line 12

14.  Enter the Smaller of line 2 or line 13

15.  Multiply line 11 by 85 %

16.  Ad lines 14 and 15

17.  Multiply line 1 by 85 %

18.  Taxable Benefits. Enter the smaller of line 16 or line 17

$