<strong>2004</strong> Tax Rate Schedules CAUTION The Tax Rate Schedules are shown so you can see the tax rate that applies to all levels of taxable income. Do not use them to figure your tax. Instead, see the instructions <strong>for</strong> line 43 that begin on page 33. Schedule X—If your filing status is Single If your taxable income is: Over— $0 But not over— $7,150 The tax is: 10% 7,150 29,050 29,050 70,350 $715.00 + 15% 4,000.00 + 25% 70,350 146,750 14,325.00 + 28% 146,750 319,100 35,717.00 + 33% 319,100 92,592.50 + 35% of the amount over— $0 7,150 29,050 70,350 146,750 319,100 Schedule Y-1—If your filing status is Married filing jointly or Qualifying widow(er) If your taxable income is: Over— 14,300 58,100 Schedule Y-2—If your filing status is Married filing separately Schedule Z—If your filing status is Head of household 10,200 38,900 100,500 58,100 117,250 38,900 100,500 14,300 58,100 117,250 178,650 22,787.50 + 28% 117,250 178,650 319,100 39,979.50 + 33% 178,650 319,100 86,328.00 + 35% 319,100 If your taxable income is: Over— 7,150 29,050 29,050 58,625 $715.00 + 15% 4,000.00 + 25% 7,150 29,050 58,625 89,325 11,393.75 + 28% 58,625 89,325 159,550 19,989.75 + 33% 89,325 159,550 43,164.00 + 35% 159,550 If your taxable income is: Over— $0 $0 $0 162,700 319,100 But not over— $14,300 But not over— $7,150 But not over— $10,200 162,700 The tax is: 10% $1,430.00 + 15% 8,000.00 + 25% The tax is: 10% The tax is: 10% $1,020.00 + 15% 5,325.00 + 25% 20,725.00 + 28% of the amount over— of the amount over— of the amount over— 10,200 38,900 100,500 319,100 38,141.00 + 33% 162,700 89,753.00 + 35% 319,100 $0 $0 $0 -76-
Department of the Treasury Internal Revenue Service <strong>2004</strong> <strong>Instructions</strong> <strong>for</strong> Schedules A & B (<strong>Form</strong> <strong>1040</strong>) <strong>Instructions</strong> <strong>for</strong> Schedule A, Itemized Deductions Use Schedule A (<strong>Form</strong> <strong>1040</strong>) to figure your itemized deductions. In most cases, your federal income tax will be less if you take the larger of your itemized deductions or your standard deduction. If you itemize, you can deduct a part of your medical and dental expenses and unreimbursed employee business expenses, and amounts you paid <strong>for</strong> certain taxes, interest, contributions, and miscellaneous expenses. You can also deduct certain casualty and theft losses. Do not include on Schedule A items deducted elsewhere, such as on <strong>Form</strong> <strong>1040</strong> or Schedule C, C-EZ, E, or F. self-employed health insurance deduction • A weight-loss program as treatment What’s New you claimed on <strong>Form</strong> <strong>1040</strong>, line 31. <strong>for</strong> a specific disease (including obesity) diagnosed by a doctor. You can elect to deduct state and local general sales taxes instead of state and local Note. If, during <strong>2004</strong>, you were an eligible • Medical treatment at a center <strong>for</strong> drug income taxes as an itemized deduction on trade adjustment assistance (TAA) recipi- or alcohol addiction. Schedule A. Generally, you can use either ent, alternative TAA recipient, or Pension • Medical aids such as eyeglasses, conyour actual expenses or the Optional State Benefit Guaranty Corporation pension re- tact lenses, hearing aids, braces, crutches, Sales Tax Tables to figure your state and cipient, you must reduce your insurance wheelchairs, and guide dogs, including the local general sales tax deduction. See the premiums by any amounts used to figure cost of maintaining them. instructions <strong>for</strong> line 5 that begin on page the health coverage tax credit. See the in- A-2 <strong>for</strong> details. structions <strong>for</strong> line 1 on page A-2. • Surgery to improve defective vision, such as laser eye surgery or radial keratotomy. You cannot deduct insurance • Lodging expenses (but not meals) Medical and Dental premiums paid with pretax dol- while away from home to receive medical lars because the premiums are care in a hospital or a medical care facility Expenses not included in box 1 of your related to a hospital, provided there was no You can deduct only the part of your medirecreation, or vacation in the travel. Do not <strong>Form</strong>(s) W-2. significant element of personal pleasure, cal and dental expenses that exceeds 7.5% of the amount on <strong>Form</strong> <strong>1040</strong>, line 37. • Prescription medicines or insulin. deduct more than $50 a night <strong>for</strong> each eligi- • Acupuncturists, chiropractors, den- ble person. Pub. 502 discusses the types of ex- tists, eye doctors, medical doctors, occupa- • Ambulance service and other travel penses that you can and cannot deduct. It tional therapists, osteopathic doctors, costs to get medical care. If you used your also explains when you can deduct capital physical therapists, podiatrists, psychiaexpenses and special care expenses <strong>for</strong> distrists, psychoanalysts (medical care only), own car, you can claim what you spent <strong>for</strong> abled persons. gas and oil to go to and from the place you and psychologists. received the care; or you can claim 14 cents If you received a distribution • Medical examinations, X-ray and lab- a mile. Add parking and tolls to the amount from a health savings account oratory services, insulin treatment, and you claim under either method. or a medical savings account in whirlpool baths your doctor ordered. <strong>2004</strong>, see Pub. 969 to figure • Nursing help (including your share of your deduction. the employment taxes paid). If you paid Note. Certain medical expenses paid out of someone to do both nursing and houseon the deceased taxpayer’s final return. See a deceased taxpayer’s estate can be claimed Examples of Medical and work, you can deduct only the cost of the Dental Payments You Can nursing help. Pub. 502 <strong>for</strong> details. Deduct • Hospital care (including meals and lodging), clinic costs, and lab fees. To the extent you were not reimbursed, you can deduct what you paid <strong>for</strong>: • Qualified long-term care services (see Limit on long-term care premiums you can Pub. 502). • Insurance premiums <strong>for</strong> medical and deduct. The amount you can deduct <strong>for</strong> dental care, including premiums <strong>for</strong> qualisurance (Medicare B). fined in Pub. 502) depends on the age, at • The supplemental part of Medicare in- qualified long-term care contracts (as de- fied long-term care contracts as defined in Pub. 502. But see Limit on long-term care • A program to stop smoking and <strong>for</strong> the end of <strong>2004</strong>, of the person <strong>for</strong> whom the premiums you can deduct on this page. Rewithdrawal. A-2 <strong>for</strong> prescription medicines to alleviate nicotine premiums were paid. See the chart on page duce the insurance premiums by any details. A-1 Cat. No. 24328L
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Note. This booklet does not contain
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What is IRS e-file? It’s the fast
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Tax Return Page Reference Questions
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Quick and Easy Access to Tax Help a
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Topic TeleTax Topics No. Subject No
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Before You Fill In Form 1040 See Ho
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Chart B—For Children and Other De
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Form Item and Box in Which it Shoul
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Line 2 December 31, 2004, you were
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Form 1040—Lines 7 and 8a less tha
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gross income was over $139,500 ($69
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Form 1040—Lines 16a and 16b Age (
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Index to Instructions A Foreign Tax