ࡱ>  \pmspari00 Ba==Z$8X@"1Arial1Arial1Arial1Arial1Arial1xArial1Arial1Arial1Arial1$Arial1 Arial1Arial1Arial"$"#,##0_);\("$"#,##0\)!"$"#,##0_);[Red]\("$"#,##0\)""$"#,##0.00_);\("$"#,##0.00\)'""$"#,##0.00_);[Red]\("$"#,##0.00\)7*2_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_).))_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)?,:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)6+1_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_) #,##0" "#,##0" "#,##0" " #,##0" "#,##0" "#,##0" "#,##0" "#,##0" "#,##0" "94#,##0" ";\-#,##0" ";;@" "3.#,##0" ";\-#,##0" ";;@" "B=#,##0" ";\-#,##0" ";;@" "<7#,##0" ";\-#,##0" ";;@" "@*.?:#,##0" ";\-#,##0" ";;@" "0+#,##0" ";\-#,##0" ";;@" "-(#,##0" ";\-#,##0" ";;@" " 00000 \(#\)                + ) , *        ( ( (8` (8`     &8@  &8   (@   (  &  &8  "  &8  "8@  "8  "8@     ,@   ,@     ,  #<@  #<@  #8@  #<@  "8   ,   < (  ( (  (  (<@  (<@  +<@  +<@   <  (  "8  "8@  "8@@  #<@  #<@   ,@   ,@  #<@  #<@  "<@  8 ``i̜̙3f3333f3ffff333ff333f33f33BBB\` [!HIN5  ;`idW[All figures are estimates based on samples--money amounts are in thousands of dollars]'Returns with income of $200,000 or more Returns withReturns withoutTotalU.S. income taxIncome concept, itemNumberofAmountof returnsAdjusted Gross Income ConceptSalaries and wagesBusiness or profession: Net income Net lossFarm:Sales of capital assets: Net gain,Sales of property other than capital assets:Taxable interest receivedTax-exempt interest Dividends/Pensions and annuities in adjusted gross incomeRent:2 Net loss, total (deductible and nondeductible)! Nondeductible rental lossRoyalty:Estate or trust:State income tax refundsAlimony received1Social Security benefits in adjusted gross income%Social Security benefits (nontaxable)Unemployment compensation Other income Other lossForeign-earned income exclusion Total incomeStatutory adjustments, total2 Payments to Individual Retirement Arrangements6 Payments to self-employed retirement (Keogh) plans Moving expenses adjustmentAdjusted gross income%Investment interest expense deductionExpanded incomeExemption amountItemized deductions:- Total per adjusted gross income concept% Charitable contributions deduction Interest paid deduction:" Total home mortgage interest' Medical and dental expense deduction' Net casualty or theft loss deduction Taxes paid deduction' Non-limited miscellaneous deductionsTaxable incomeTax at regular ratesIncome tax before credits Tax credits: Total Child care credit Minimum tax credit Foreign tax credit General business credit#Alternative minimum tax (Form 6251)U.S. total income tax!Taxable income which would yield: Income tax before credits Income tax after credits U.S. total income tax'Reconciliation of adjusted gross income and expanded income: Adjusted gross income8 Social Security benefits (nontaxable)2 Foreign-earned income exclusion3 minus: Investment interest expense deduction7 Non-limited miscellaneous deductions: Unreimbursed employee business expenses Equals: Expanded incomeExpanded Income Concept' Total per expanded income concept7NOTE: Detail may not add to totals because of rounding.Table 5.--Returns With and Without U.S. Income Tax and With Income of $200,000 or More Under Alternative Concepts: Income, Deductions, Credits, and Tax, by Tax Status, Tax Year 2004][2] Includes tax-exempt interest and tax preference items subject to alternative minimum tax.[1] Section 179 of the Internal Revenue Code permits certain taxpayers to elect to deduct all or part of the cost of certain qualifying property in the year they place it in service, instead of taking depreciation deductions over a specified recovery period. RPartnership and S Corporation net income after Section 179 property deduction: [1]:Total tax preferences excluded from adjusted gross income I Net limited miscellaneous deductions per adjusted gross income concept Qualified dividends L plus: Total tax preferences excluded from adjusted gross income[2]=Reconciliation of adjusted gross income and expanded income: M plus: Total tax preferences excluded from adjusted gross income [2]}Total alternative minimum tax preference items (excluding tax-exempt interest from private activity bonds)& & & & & & & & & & & & & & & & .. CPassive activity loss (alternative minimum tax adjustment)& & & & & & & ..BExcess of exemptions and deductions over adjusted gross income& & & .* Total per adjusted gross income concept@Total tax preferences excluded from adjusted gross income& & & & & & .}Total alternative minimum tax preference items (excluding tax-exempt interest from private activity bonds) & & & & & & & & & & & & & & & & ..7Source: IRS, Statistics of Income Division, June 2007.j9 iD#Eg: j cc  0'0a;EOIZdgj  dMbP?_*+%<&?'?(?)?M\\SOI-FOUR\Harry? od,,Letter.HP LaserJet 4100 PCL 62fxe;/Qf94+|veQ(PH_Xd QP"j/ٍϜ3fZ=l[F@dB;I/ ڍ@ Ҏ\WiOOX }tdvݭ6t jI d؎Q\IZNȍը z 9eds%d[grerPQ!()g岒|X5(Z&g'f|z-QA" 1Rx(# ?> ?@ ?@ ?@ ?@?@?@?@??@?@?@?@?@?@?@?@?@?@?@?@?@?@ S    ! "# ""$ % %  $ && && && & & & & & & ' ( ( ( ( ( (?*H?H@H@H@H@H@ @  AAAAAA ) ~ *檞 *ҁA~ *n *gA *x@+A  *****+ )* *&**^&*6*|@+j@ )* *؟A*P3*A*V0*Pt@+@ *****+ )**@*0.A*|@*o=*8@+f@ )**@*6ط*@*(*@V@+@ 8V99999: )**j@*hJ*X+0A*/J*@+@ )**HA*#*A*rޣ*@+HEA *****+ )**~R*^k]*:R*ZG]*D@+# )**-/A*r*&/A*&* @+@ *****+ )**PA** A*6*l@+k@ )**A**PA**@s@+k@ )**Ro* *RI*lu *@+CA )**֜4*fh*$G*A*Pb*@+@ )***' ****ܞ@+hA )Y**^**N*v* *@+A )**2$**"A**؁@+p@ *****+D l$,@RV^R8$d$<<$<<$<<$<<$<<<<<<< ?@!?@"?@#?@$?@%?@&?@'?@(?@)?@*?@+?@,?@-?@.?@/?@0?@1?@2?@3?@4?@5?@6?@7?@8;@9:?@;?@<?@=?@>?@??@ )* *A**A*0*0w@+@ !)*!* A**A* I*x@+@ ")*"*X|A*IKA*tA*J* n@+ͼ@ ##*****+ $)*$*A*fW*A**m@+l@ %)*%*@*z@*@*o@*@+@U@ &&*****+ ')*'*@*Y*@** `@+@ ()*(*@* 1*@*N/*D@+@ ))*)*Z%J*vnn*&J*m*h@+z@ *)***#@*j#H*@*H*&@+@ +) *+*@rA*>* fA**@@+6@ ,)!*,*XrA*7A*8fA*^*@@+q@ -)"*-*$@*A*@ @*XA*B@+`i@ .)#*.*A*f4*A*3*x@+@ /)$*/*@*u* @*vt*P@+ʲ@ 0)%*0*@*nz*@*>A*@_@+@ 1)&~ 1*i1*5)A~ 1*=1*@#A1*"@+mY 2)'*2*NqQ*La*bQ*Vh`*@+@ 3)(*3*@*n3(* @*$A*Q@+u@ 4))*4*L4A*>Tj*@3A*r)`*>..搆2.EA.>"2.@/c ?)1*?.4.y.:.p.@/8$AD0 l<<<$<<$<<<<<<<<<<d<<<<d<<<<d<$<@?@A?@B?@C?@D?@E?@F?G?@H?@I?@J?@K?@L?@M?@N?@O?@P?@Q?@R?@S?@T?@U?@V?@W?@X?@Y?@Z?@[?@\?@]?@^?@_?@ @2@...../ A)0*A.dBA. .~.: .@/޻! B)3*B.vAA. ..F .X@/@ C)4*C.`'@.F8h. @.(8A. ~@/@ D)5*D.ӵ@.A.@.A.r@/A E)6*E.ʭ. ..Z.@/@ F8X*F;A;~1;A;j-;Ћ@<@ G)7*G.8A.rT.iA.3.@/  H_*H.@.L.@.5.@/A I)8~ I.GAI.A~ I.I.w@AI.@/PA J)9*J.%. 2[..[.@/@ K)A*K.֪i..i.ʯ. @/L@ L):*L.H.n^.=.l^.@/@ M;M...../ N)<*N.2A..TH.ZA.@/@ O)=*O.ZA.@.ZA.p@.8@/$@ P)>*P.@.Ȟ$A.@.#A.P|@/@ Q)?*Q.>9."0_.9.z-^.y@/*@ R)@*R.^@.FA.`S@.@8A.@V@/@ S)B*S.=.f\.=.f\./ TCT...../ U)D~ U.HU.5A~ U.=U.@wBAU.@/7A V)E~ V.=V.xA~ V.=V.xAV./ W)F~ W.=W.xA~ W.=W.xAW./ XGX...../ YHY...../ Z,I~ ZBiZB A~ ZB=ZB@^AZB"@CX [Z*[.*A..j5..@/@ \)J*\.XrA.7A.8fA.^.@@/q@ ])K*].@.nz.@.>A.@_@/@ ^)L*^. !.Ƞ.} A.5.@/0A _)M*_.8A.rT.iA.3.@/ DP l$<<<<<<<<d<<<$<<<<<<$ddd$$d<<<<`?@a?@b?@c?@d?@e?@f?@g?@h?@i?@jk?@l?@m?@n?@o?@p?@q?@r?@s?@t?@u?@v?@w?@x?@y?@z?@{?@|?@}?@~?@?@ `)N*`.H A.T$.N!.7$. j@/P@ a3O~ aB GAaBZ9A~ aB=aBAaBL@C^ " b2Pb000100 c) ~ c*c*A~ c*̞c*,ĘAc*@+ؚA dd*****+ e)*e*&*2I* #A*T*0@+J@ f)*f*ИA*z4*A*91* z@+ @ gg*****+ h)*h*>@*?*9@+@ i)*i*@ @*غ*@@**`@+@ j8Vj99999: k)*k*U0A*PJ*EA*<J*0@+P@ l)*l*kA*.*UA*+*@+6c  mm*****+ n)*n*5U*z]*U*o]*l@+f%  o)*o*?*t*P/A*v*@+@ pp*****+ q)*q*ZA*6*OA*ĆOA*t@+c@ r)*r*8hA**XA**~@+[@ s)*s**y *m*> *@+;A t)*t*8*4*N8*ƨ*D@+H u)*u*g* *!* *@+A v)Y*v*Ј*b***&@+`A w)*w*%*Nb*%*V1*А@+@ xx*****+ y)*y*H+A*r>*4#A**(@+@ z)*z*GA*VƤ*,?A*ր*(@+X@ {)*{*`~A*r *vA*F*o@+@ ||*****+ })*}*(A**A*7*~@+D@ ~)*~*@*@*ܲ@*@@* @+F@ *****+Dx l<d$d$<<$<<$<<$<<$<<<<<<<$<<<$<<?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@ )**>@*ќ*.@*6S*@p@+y@ )** @*L(A*@*n0*U@+f@ )** J*Ҹp*J*VA*@+@@ )**x@*gL*u@*3A*@+@ ) **(F A*.T*5 A*z7R*@+@ )!**PF A*Jxi*k *h*@+L@ )"**@*X^A* @*x[A*<@+ g@ )#**ԊA*K3*LA*Z2*@+@ )$** @*"*@* τ*f@+@ )%** a@*tHA*'@**|@+\@ )&~ *F;*-3A~ **@/A*@+.H: )'**t4A* g*Q*f*x@+@ )(** @*F(*@*#A*@V@+0|@ ))**IA*n*DHA*:{n*T@+̞@ )***r@*ЎA*`p@*hA*3@+i@ ,+~ DF;D@S&A~ DDAD@E,A ),**p A*w*J!*~j*@+ A a** -A**9**:@+H 8b*9@@9v9@99G@::@ ^**lA*@*ȷA*@*H@+^@ 3-~ DJ;D@n5A~ DD@.AD@E=A 4.*.he:A.>b.Pi.V.5@/@ /...../ )0*.î.&1.R.O1.@/JA )Q*..> 6.EA.Ά5.@/n4 )1*..כ.N..@/OA 2...../ )0*.h`BA. .nܒ.R=w .j@/A )Q*.v.  .g.֪ .h@/@ )3*.*=.a .. .P@/w@ )4*.l@.,>A.@.@;A.@/` A )5*.-@.|_A.ѳ@.0*A.u@/jADH l<<<<<<<<<<d<<<<d<<<<d<$<<<$<<<<?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@I@?@?@?@ )6*..n7.EA.r..~@/+A X*.A.E*.oA.P$.@/@ )7*.A..8A.2.t@/W@ _*.*@.O.|@. +A.ج@/xKA )8~ .fʺ.@ZkA~ ..A.Д@/ A )9*.\YGA.\.Ƶ.\.@/@ )A*.lj...jj.ҝ.c@/@f@ ):*.&.~^..^.l@/@ ;...../ )<*.2A.Z;.YK.:g.l@/@ )=*.A.@.`A.p@.I@/8@ )>*.@.$A. @.#(.@/@ )?*.Dt.A.Np.<.~9o.،@/@ )@*.@. LA.@.=A.@Y@/@ )B*...K\...K\./ C...../ )D~ .&.rA~ ..KA.l@/`+A )E~ ..҃A~ ..҃A./ )F~ ..IԃA~ ..IԃA./ [...../ ,I~ BF;B@S&A~ BBAB@C,A \*. -A..9..:@/H )J*.PF A.Jxi.k .h.@/L@ )K*. a@.tHA.'@..|@/\@ )L*.p A.w.J!.~j.@/ A )M*.A..8A.2.t@/W@ )N*.A."K.A.Z8.r@/Ē@ -O~ FJ;F@n5A~ FF@.AF@G=A U5556 T7 R cD< l<<<<d<<<$<<<<<<$ddd$d<<<<<<d$$?@?@?@???@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@Dl?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@BlX>@ddA      7>wu ; ; vvv; :  ;  v$\pmspari00 [BbHIN5$ ;=Z$8X@"1Arial1Arial1Arial1Arial1Arial1xArial1Arial1Arial1Arial1$Arial1 Arial1Arial1Arial"$"#,##0_);\("$"#,##0\)"$"#,##0_);[Red]\("$"#,##0\) "$"#,##0.00_);\("$"#,##0.00\)%""$"#,##0.00_);[Red]\("$"#,##0.00\)5*2_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_),))_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)=,:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)4+1_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_) #,##0" "#,##0" "#,##0" " #,##0" "#,##0" "#,##0" "#,##0" "#,##0" "#,##0" "74#,##0" ";\-#,##0" ";;@" "1.#,##0" ";\-#,##0" ";;@" "@=#,##0" ";\-#,##0" ";;@" ":7#,##0" ";\-#,##0" ";;@" "@*.=:#,##0" ";\-#,##0" ";;@" ".+#,##0" ";\-#,##0" ";;@" "+(#,##0" ";\-#,##0" ";;@" "00000\(#\)                + ) , *        ( ( (8 (8     &8 @@ &8 @  ( @  ( @  &  &8 @  "  &8 @@  "8 @ "8 @ "8 @@    , H@   , @    , @ #< H@  #< @ #8 @ #< @ "8   ,   < (  ( (  (  (< H@  (< @ +< H@  +< @  < @  (  "8  "8  "8 @ #< H@  #< @  , H@   , @ #< @H@  #< @@ "< @Followed Hyperlink  Hyperlink8 ``i̜̙3f3333f3ffff333ff333f33f33BBB i HIN5 v$ , .<IWgjim  dMbP?_*+%<&?'?(?)?MV\\SOI-FOUR\Harry? od,,Letter 0 0tx 0.HP LaserJet 4100 PCL 62fxe;/Qf94+|veQ(PH_Xd QP"j/ٍϜ3fZ=l[F@dB;I/ ڍ@ Ҏ\WiOOX }tdvݭ6t jI d؎Q\IZNȍը z 9eds%d[grerPQ!()g岒|X5(Z&g'f|z-QA" 1Rx(# ?> ?@ ?@ ?@ ?@?@?@?@??@?@?@?@?@?@?@?@?@?@?@?@?@?@Table 5.--Returns With and Without U.S. Income Tax and With Income of $200,000 or More Under Alternative Concepts: Income, Deductions, Credits, and Tax, by Tax Status, Tax Year 2004_W[All figures are estimates based on samples--money amounts are in thousands of dollars]/'Returns with income of $200,000 or more  !" Returns with#"Returns without"$ Total%U.S. income tax%U.S. income tax$Income concept, item&Number&&Number&&Number& &of&Amount &of &Amount &of &Amount'(returns((returns((returns(?*H?H@H@H@H@H@% @Adjusted Gross Income Concept AAAAAA )Salaries and wages~ *檞 *ҁA~ *n *gA *x@+A Business or profession: *****+ ) Net income* *&**^&*6*|@+j@ ) Net loss* *؟A*P3*A*V0*Pt@+@ Farm:*****+) Net income**@*0.A*|@*o=*8@+f@) Net loss**@*6ط*@*(*@V@+@Z8RPartnership and S Corporation net income after Section 179 property deduction: [1]99999:) Net income**j@*hJ*X+0A*/J*@+@) Net loss**HA*#*A*rޣ*@+HEA Sales of capital assets:*****+) Net gain**~R*^k]*:R*ZG]*D@+#) Net loss**-/A*r*&/A*&* @+@4,Sales of property other than capital assets:*****+) Net gain**PA** A*6*l@+k@) Net loss**A**PA**@s@+k@!)Taxable interest received**Ro* *RI*lu *@+CA)Tax-exempt interest**֜4*fh*$G*A*Pb*@+@) Dividends***' ****ܞ@+hA) Qualified dividends **^**N*v* *@+A7)/Pensions and annuities in adjusted gross income**2$**"A**؁@+p@ Rent:*****+D lyQWotla8?t9HF'HFtHF:FFNFFSMCQi ?@!?@"?@#?@$?@%?@&?@'?@(?@)?@*?@+?@,?@-?@.?@/?@0?@1?@2?@3?@4?@5?@6?@7?@8;@9:?@;?@<?@=?@>?@??@ ) Net income* *A**A*0*0w@+@:!)2 Net loss, total (deductible and nondeductible)*!* A**A* I*x@+@)")! Nondeductible rental loss*"*X|A*IKA*tA*J* n@+ͼ@#Royalty:#*****+$) Net income*$*A*fW*A**m@+l@%) Net loss*%*@*z@*@*o@*@+@U@&Estate or trust:&*****+') Net income*'*@*Y*@** `@+@() Net loss*(*@* 1*@*N/*D@+@ ))State income tax refunds*)*Z%J*vnn*&J*m*h@+z@*)Alimony received***#@*j#H*@*H*&@+@9+)1Social Security benefits in adjusted gross income*+*@rA*>* fA**@@+6@-,)%Social Security benefits (nontaxable)*,*XrA*7A*8fA*^*@@+q@!-)Unemployment compensation*-*$@*A*@ @*XA*B@+`i@.) Other income*.*A*f4*A*3*x@+@/) Other loss*/*@*u* @*vt*P@+ʲ@'0)Foreign-earned income exclusion*0*@*nz*@*>A*@_@+@1) Total income~ 1*i1*5)A~ 1*=1*@#A1*"@+mY$2)Statutory adjustments, total*2*NqQ*La*bQ*Vh`*@+@:3)2 Payments to Individual Retirement Arrangements*3*@*n3(* @*$A*Q@+u@>4)6 Payments to self-employed retirement (Keogh) plans*4*L4A*>Tj*@3A*r)* Total per adjusted gross income concept*>..搆2.EA.>"2.@/c-?)% Charitable contributions deduction*?.4.y.:.p.@/8$AD lHl[*HF2HFRJk_SFDYnVlpXw_t}qJ6d@?@A?@B?@C?@D?@E?@F?G?@H?@I?@J?@K?@L?@M?@N?@O?@P?@Q?@R?@S?@T?@U?@V?@W?@X?@Y?@Z?@[?@\?@]?@^?@_?@#@ Interest paid deduction:@...../5A)- Total per adjusted gross income concept*A.dBA. .~.: .@/޻!*B)" Total home mortgage interest*B.vAA. ..F .X@/@/C)' Medical and dental expense deduction*C.`'@.F8h. @.(8A. ~@/@/D)' Net casualty or theft loss deduction*D.ӵ@.A.@.A.r@/AE) Taxes paid deduction*E.ʭ. ..Z.@/@QF8I Net limited miscellaneous deductions per adjusted gross income concept*F;A;~1;A;j-;Ћ@<@/G)' Non-limited miscellaneous deductions*G.8A.rT.iA.3.@/ JHBExcess of exemptions and deductions over adjusted gross income.*H.@.L.@.5.@/AI)Taxable income~ I.GAI.A~ I.I.w@AI.@/PAJ)Tax at regular rates*J.%. 2[..[.@/@+K)#Alternative minimum tax (Form 6251)*K.֪i..i.ʯ. @/L@!L)Income tax before credits*L.H.n^.=.l^.@/@M Tax credits:M...../N) Total*N.2A..TH.ZA.@/@O) Child care credit*O.ZA.@.ZA.p@.8@/$@ P) Minimum tax credit*P.@.Ȟ$A.@.#A.P|@/@ Q) Foreign tax credit*Q.>9."0_.9.z-^.y@/*@%R) General business credit*R.^@.FA.`S@.@8A.@V@/@S)U.S. total income tax*S.=.f\.=.f\./)T!Taxable income which would yield:T...../$U) Income tax before credits~ U.HU.5A~ U.=U.@wBAU.@/7A#V) Income tax after credits~ V.=V.xA~ V.=V.xAV./ W) U.S. total income tax~ W.=W.xA~ W.=W.xAW.//X'Reconciliation of adjusted gross incomeX...../!Y and expanded income:Y...../Z, Adjusted gross income~ ZBiZB A~ ZB=ZB@^AZB"@CXT[L plus: Total tax preferences excluded from adjusted gross income[2]*[.*A..j5..@/@@\)8 Social Security benefits (nontaxable)*\.XrA.7A.8fA.^.@@/q@:])2 Foreign-earned income exclusion*].@.nz.@.>A.@_@/@;^)3 minus: Investment interest expense deduction*^. !.Ƞ.} A.5.@/0A?_)7 Non-limited miscellaneous deductions*_.8A.rT.iA.3.@/ Dcl=g\aaQa|pN]S.BQRRWOC~}zI;yrlm`?@a?@b?@c?@d?@e?@f?@g?@h?@i?@jk?@l?@m?@n?@o?@p?@q?@r?@s?@t?@u?@v?@w?@x?@y?@z?@{?@|?@}?@~?@?@B`): Unreimbursed employee business expenses*`.H A.T$.N!.7$. j@/P@"a3 Equals: Expanded income~ aB GAaBZ9A~ aB=aBAaBL@C^ "b2Expanded Income Conceptb000100c)Salaries and wages~ c*c*A~ c*̞c*,ĘAc*@+ؚAdBusiness or profession:d*****+e) Net income*e*&*2I* #A*T*0@+J@f) Net loss*f*ИA*z4*A*91* z@+ @ gFarm:g*****+h) Net income*h*>@*?*9@+@i) Net loss*i*@ @*غ*@@**`@+@Zj8RPartnership and S Corporation net income after Section 179 property deduction: [1]j99999:k) Net income*k*U0A*PJ*EA*<J*0@+P@l) Net loss*l*kA*.*UA*+*@+6c  mSales of capital assets:m*****+n) Net gain*n*5U*z]*U*o]*l@+f% o) Net loss*o*?*t*P/A*v*@+@4p,Sales of property other than capital assets:p*****+q) Net gain*q*ZA*6*OA*ĆOA*t@+c@r) Net loss*r*8hA**XA**~@+[@!s)Taxable interest received*s**y *m*> *@+;At)Tax-exempt interest*t*8*4*N8*ƨ*D@+Hu) Dividends*u*g* *!* *@+Av) Qualified dividends *v*Ј*b***&@+`A7w)/Pensions and annuities in adjusted gross income*w*%*Nb*%*V1*А@+@ xRent:x*****+y) Net income*y*H+A*r>*4#A**(@+@:z)2 Net loss, total (deductible and nondeductible)*z*GA*VƤ*,?A*ր*(@+X@){)! Nondeductible rental loss*{*`~A*r *vA*F*o@+@|Royalty:|*****+}) Net income*}*(A**A*7*~@+D@~) Net loss*~*@*@*ܲ@*@@* @+F@Estate or trust:*****+D lt|9t9HF'HFtHF:FFNFFSMCQi'Hl[*HF?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@) Net income**>@*ќ*.@*6S*@p@+y@) Net loss** @*L(A*@*n0*U@+f@ )State income tax refunds** J*Ҹp*J*VA*@+@@)Alimony received**x@*gL*u@*3A*@+@9)1Social Security benefits in adjusted gross income**(F A*.T*5 A*z7R*@+@-)%Social Security benefits (nontaxable)**PF A*Jxi*k *h*@+L@!)Unemployment compensation**@*X^A* @*x[A*<@+ g@) Other income**ԊA*K3*LA*Z2*@+@) Other loss** @*"*@* τ*f@+@')Foreign-earned income exclusion** a@*tHA*'@**|@+\@) Total income~ *F;*-3A~ **@/A*@+.H:$)Statutory adjustments, total**t4A* g*Q*f*x@+@:)2 Payments to Individual Retirement Arrangements** @*F(*@*#A*@V@+0|@>)6 Payments to self-employed retirement (Keogh) plans**IA*n*DHA*:{n*T@+̞@&) Moving expenses adjustment**r@*ЎA*`p@*hA*3@+i@,Adjusted gross income~ DF;D@S&A~ DDAD@E,A-)%Investment interest expense deduction**p A*w*J!*~j*@+ AH@Total tax preferences excluded from adjusted gross income.** -A**9**:@+H8}Total alternative minimum tax preference items (excluding tax-exempt interest from private activity bonds) ..*9@@9v9@99G@::@KCPassive activity loss (alternative minimum tax adjustment)..**lA*@*ȷA*@*H@+^@3Expanded income~ DJ;D@n5A~ DD@.AD@E=A4Exemption amount*.he:A.>b.Pi.V.5@/@Itemized deductions:...../5)- Total per adjusted gross income concept*.î.&1.R.O1.@/JA/)' Total per expanded income concept*..> 6.EA.Ά5.@/n4-)% Charitable contributions deduction*..כ.N..@/OA# Interest paid deduction:...../5)- Total per adjusted gross income concept*.h`BA. .nܒ.R=w .j@/A/)' Total per expanded income concept*.v.  .g.֪ .h@/@*)" Total home mortgage interest*.*=.a .. .P@/w@/)' Medical and dental expense deduction*.l@.,>A.@.@;A.@/` A/)' Net casualty or theft loss deduction*.-@.|_A.ѳ@.0*A.u@/jADalHFRJk_SFDYnVlpXw_z}qJ6ga_=ga\a?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@I@?@?@?@) Taxes paid deduction*..n7.EA.r..~@/+AQI Net limited miscellaneous deductions per adjusted gross income concept*.A.E*.oA.P$.@/@/)' Non-limited miscellaneous deductions*.A..8A.2.t@/W@JBExcess of exemptions and deductions over adjusted gross income.*.*@.O.|@. +A.ج@/xKA)Taxable income~ .fʺ.@ZkA~ ..A.Д@/ A)Tax at regular rates*.\YGA.\.Ƶ.\.@/@+)#Alternative minimum tax (Form 6251)*.lj...jj.ҝ.c@/@f@!)Income tax before credits*.&.~^..^.l@/@ Tax credits:...../) Total*.2A.Z;.YK.:g.l@/@) Child care credit*.A.@.`A.p@.I@/8@ ) Minimum tax credit*.@.$A. @.#(.@/@ ) Foreign tax credit*.Dt.A.Np.<.~9o.،@/@%) General business credit*.@. LA.@.=A.@Y@/@)U.S. total income tax*...K\...K\./)!Taxable income which would yield:...../$) Income tax before credits~ .&.rA~ ..KA.l@/`+A#) Income tax after credits~ ..҃A~ ..҃A./ ) U.S. total income tax~ ..IԃA~ ..IԃA./E=Reconciliation of adjusted gross income and expanded income: ...../, Adjusted gross income~ BF;B@S&A~ BBAB@C,AUM plus: Total tax preferences excluded from adjusted gross income [2]*. -A..9..:@/H@)8 Social Security benefits (nontaxable)*.PF A.Jxi.k .h.@/L@:)2 Foreign-earned income exclusion*. a@.tHA.'@..|@/\@;)3 minus: Investment interest expense deduction*.p A.w.J!.~j.@/ A?)7 Non-limited miscellaneous deductions*.A..8A.2.t@/W@B): Unreimbursed employee business expenses*.A."K.A.Z8.r@/Ē@"- Equals: Expanded income~ FJ;F@n5A~ FF@.AF@G=A[1] Section 179 of the Internal Revenue Code permits certain taxpayers to elect to deduct all or part of the cost of certain qualifying property in the year they place it in service, instead of taking depreciation deductions over a specified recovery per5556e][2] Includes tax-exempt interest and tax preference items subject to alternative minimum tax.7?7NOTE: Detail may not add to totals because of rounding.?7Source: IRS, Statistics of Income Division, June 2007.DlQa|pN]S.BQRRWOC~}z_yrlmqt|!M?@?@?@???@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@Dl?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@?@BlX=Z$8X> A      " Oh+'0x PXx Statistics of Income mspari00Microsoft Excel@_ @HR@J!G     =  '' ' <~}h- ~}h ~}h-- @ !-""- @ !"-33- @ !3-@@- @ !@-MM- @ !M-ZZ- @ !Z-gg- @ !g-tt- @ !t-- @ !-- @ !-- @ !-- @ !-- @ !-- @ !-- @ !-<- @ !;-- @ !-;;- @ !;-  @ !- ~}h-- @ !-- @ !-Arial-  2  1 2 # 2 2 0 4@3 2 > AM4 2 K NZ5 2 X [g6 2 e ht7 2 r u8 2  92 102 112 122 132 14 2 A 2 B "System-'- < Arial- 2 \Table 5.--Returns With and Without U.S. Income Tax and With Income of $200,000 or More Under          2 #YAlternative Concepts: Income, Deductions, Credits, and Tax, by Tax Status, Tax Year 2004d       Small Fonts-2 4W[All figures are estimates based on samples--money amounts are in thousands of dollars].B2 B}'Returns with income of $200,000 or more2 \1Total2%2 iYIncome concept, item2 iNumber 2 vof2 returns 2 (1) Small Fonts- 32 <Adjusted Gross Income Concept Small Fonts- 2 2 XSalaries and wages...................................................................... Small Fonts- 2  2,599,609- *2 Business or profession:2 2 ^ Net income................................................................................- 2 623,521-'-  <-  -B- @ !B-h;;- @ !ih;-??=- @ !#?-AA=- @ !#A-MM=- @ !LM-gg=- @ !Lg-=- @ !#-=- @ !L- -'-  <-'-  <-  -<- @ !<-- @ !-'՜.+,00 8@ H m HIN5HIN5!Print_Area  Worksheets Named Ranges  !"#$%&'()*+,-./012345689:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnpqrstuvwxyz|}~Root EntryFBook 7WnWorkbookOlSummaryInformation(oDocumentSummaryInformation8{