topic Yes, it is correct. The $155,650 is just a trigger for y... in State tax filing

Line 42 says if line 38 is 155,650 or less. Multiply 4,050 by the number on line 6d, but the number on our tax return on line 38 is MORE than 155,650 but it still gave us the exemption of 4050x2.

ausessler — Thu, 06 Jun 2019 14:20:54 GMT

Is that correct???? And if not why didn't your program catch that?

Yes, it is correct. The $155,650 is just a trigger for y...

AnthonyC — Thu, 06 Jun 2019 14:20:56 GMT

Yes, it is correct. The $155,650 is just a trigger for you to use the worksheet to figure out the exemption deduction, but that is the threshold for married filing separately, so your threshold will be larger if single or married filing jointly. You can see the worksheet on pages 40-41 of the Form 1040 instructions if you want further clarification -

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

Re: Line 42 says if line 38 is 155,650 or less. Multiply 4,050 by the number on line 6d, but the number on our tax return on line 38 is MORE than 155,650 but it still gave us the exemption of 4050x2.

231236 — Sun, 14 Jul 2019 01:59:51 GMT

On my 2015 1040 form my line 38 is smaller than line 40, line 41 says to subtract line 40 from line 38 which is 2618.00 minus 9250.00

Re: Line 42 says if line 38 is 155,650 or less. Multiply 4,050 by the number on line 6d, but the number on our tax return on line 38 is MORE than 155,650 but it still gave us the exemption of 4050x2.

Critter — Sun, 14 Jul 2019 16:06:50 GMT

Line 41 can be a negative amount.

Re: Line 42 says if line 38 is 155,650 or less. Multiply 4,050 by the number on line 6d, but the number on our tax return on line 38 is MORE than 155,650 but it still gave us the exemption of 4050x2.

231236 — Sun, 14 Jul 2019 17:37:10 GMT

I still would need help showing specifically how it's done, thanks in advance

Re: Line 42 says if line 38 is 155,650 or less. Multiply 4,050 by the number on line 6d, but the number on our tax return on line 38 is MORE than 155,650 but it still gave us the exemption of 4050x2.

VolvoGirl — Sun, 14 Jul 2019 17:47:12 GMT

What?

2,618

- 9,250

= -6,632 or (6,632)

since you have a negative on line 41 then the exemptions on line 42 will be greater than 41. So for line 43 you enter 0.

Re: Line 42 says if line 38 is 155,650 or less. Multiply 4,050 by the number on line 6d, but the number on our tax return on line 38 is MORE than 155,650 but it still gave us the exemption of 4050x2.

VolvoGirl — Mon, 15 Jul 2019 01:17:29 GMT

I made a screen shot of 2015 1040 with lines 39-43 filled out