PERSONAL INCOME TAX NOTICE FACTS

Jan 19, 2011 · costs in the year of the change (Schedule 2) 184,000 -- Net adjustments 52,000 (180,000) Income before income taxes after adjustments $4,082,000 $3,150,000. Schedule 1: Computation of Adjusted Depreciation. Cost of equipment (no salvage value) $1,000,000. Depreciation based on 10-year life $ 100,000 ................
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