Publication 536 - Net Operating Losses (Nols) For Individuals, Estates, And Trusts - 2005 Page 5

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2
Form 1040 (2005)
Page
(2,350)
38
38
Amount from line 37 (adjusted gross income)
Tax and
39a
Check
You were born before January 2, 1941,
Blind.
Total boxes
Credits
if:
Spouse was born before January 2, 1941,
Blind.
checked
39a
39b
b
If your spouse itemizes on a separate return or you were a dual-status alien, see page 35 and check here
Standard
Deduction
40
5,000
40
Itemized deductions (from Schedule A) or your standard deduction (see left margin)
for—
(7,350)
41
41
Subtract line 40 from line 38
● People who
42
If line 38 is over $109,475, or you provided housing to a person displaced by Hurricane Katrina,
checked any
3,200
box on line
42
see page 37. Otherwise, multiply $3,200 by the total number of exemptions claimed on line 6d
39a or 39b or
-0-
43
43
Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter -0-
who can be
claimed as a
44
44
Tax (see page 37). Check if any tax is from:
a
Form(s) 8814
b
Form 4972
dependent,
45
see page 36.
45
Alternative minimum tax (see page 39). Attach Form 6251
46
● All others:
46
Add lines 44 and 45
47
47
Foreign tax credit. Attach Form 1116 if required
Single or
Married filing
48
48
Credit for child and dependent care expenses. Attach Form 2441
separately,
49
$5,000
49
Credit for the elderly or the disabled. Attach Schedule R
50
50
Education credits. Attach Form 8863
Married filing
jointly or
51
Retirement savings contributions credit. Attach Form 8880
51
Qualifying
52
52
Child tax credit (see page 41). Attach Form 8901 if required
widow(er),
$10,000
53
53
Adoption credit. Attach Form 8839
Head of
54
54
Credits from:
a
Form 8396
b
Form 8859
household,
55
Other credits. Check applicable box(es):
a
Form 3800
$7,300
55
b
Form 8801
c
Form
56
56
Add lines 47 through 55. These are your total credits
57
Subtract line 56 from line 46. If line 56 is more than line 46, enter -0-
57
58
58
Self-employment tax. Attach Schedule SE
Other
59
59
Social security and Medicare tax on tip income not reported to employer. Attach Form 4137
Taxes
60
60
Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required
61
61
Advance earned income credit payments from Form(s) W-2
62
62
Household employment taxes. Attach Schedule H
63
Add lines 57 through 62. This is your total tax
63
64
Payments
64
Federal income tax withheld from Forms W-2 and 1099
65
65
2005 estimated tax payments and amount applied from 2004 return
66a
If you have a
66a
Earned income credit (EIC)
qualifying
66b
b
Nontaxable combat pay election
child, attach
67
Schedule EIC.
67
Excess social security and tier 1 RRTA tax withheld (see page 59)
68
68
Additional child tax credit. Attach Form 8812
69
69
Amount paid with request for extension to file (see page 59)
70
70
Payments from:
a
Form 2439 b
Form 4136
c
Form 8885
71
Add lines 64, 65, 66a, and 67 through 70. These are your total payments
71
72
Refund
72
If line 71 is more than line 63, subtract line 63 from line 71. This is the amount you overpaid
73a
73a
Amount of line 72 you want refunded to you
Direct deposit?
See page 59
b
Routing number
c
Type:
Checking
Savings
and fill in 73b,
d
Account number
73c, and 73d.
74
Amount of line 72 you want applied to your 2006 estimated tax
74
Amount
75
75
Amount you owe. Subtract line 71 from line 63. For details on how to pay, see page 60
You Owe
76
Estimated tax penalty (see page 60)
76
Do you want to allow another person to discuss this return with the IRS (see page 61)?
Yes. Complete the following.
No
Third Party
Designee’s
Phone
Personal identification
Designee
(
)
name
no.
number (PIN)
Sign
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and
belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Here
Your occupation
Daytime phone number
Your signature
Date
Joint return?
See page 17.
Glenn M. Johnson
2-4-06
Self-employed
(
)
Keep a copy
Spouse’s signature. If a joint return, both must sign.
Date
Spouse’s occupation
for your
records.
Date
Preparer’s SSN or PTIN
Paid
Preparer’s
Check if
signature
self-employed
Preparer’s
Firm’s name (or
EIN
Use Only
yours if self-employed),
(
)
address, and ZIP code
Phone no.
1040
Form
(2005)
Page 5

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