This is for a deceased taxpayer (274 days into year), so the reduction to 1201 on line 42 is logical. However, I still cannot follow what's on the forms.
Line 33 annualized income is between 26,000 and 27,000 so line 37 has the reduced amount of 76%.
Line 36 has 2,569.
Line 38 says 36 * 33 is value and enter on line 42. 2,569 * .76 is 1,952.44, but capped at 1,600. TT has 1,201 as the value and I cannot determine where this comes from. 1,201 is .750625 of 1600.
Line 42 has 1,201, which is what TT calculated above
Line 43 has 100%
Line 44 has 1,197.
