Individual: Income Test

Adjusted Taxable Income (ATI) and Net Rental Property Loss calculation
Question: I noticed the ATI didn't take off the rental loss Gross Wage $104657+ interest $251 less Deduction: $2586 =$102,322 ATI The software did...
Tue, 19 Nov, 2024 at 1:48 PM
Adjusted Taxable Income (ATI) and Estimated Total Income
When preparing an individual income tax return, it can be perplexing to determine the source of the Adjusted Taxable Income (ATI) amount. Note that, ATI co...
Wed, 11 Dec, 2024 at 10:04 AM
Child Support
Child support payments are not considered taxable income and therefore do not need to be reported on your tax return.  However, you can include it via "...
Wed, 11 Dec, 2024 at 10:11 AM
Income Test: Estimated Total Income and Estimated Eligible Income
Estimated total income, your gross income from all sources less certain deductions, such as expenses, allowances and reliefs. If you are married or in a civ...
Wed, 18 Dec, 2024 at 2:08 PM