Deductions & credits


@RandyK wrote:

Okay, but I need to see how the max number was derived specifically.  


Mainly the 1040 line 1 amount plus the schedule 1 line 3 amount minus line 15 and 16.

But as the IRS says can also include commissions, certain alimony and separate maintenance, and nontaxable combat pay.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**