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Step Two – Taxable Income:

Calculate your Taxable Income.

  • To calculate your Taxable Income, you will need to add the totals on the documents showing sources of income for yourself (and your spouse if Married Filing Jointly). The most common documents showing your Taxable Income are:
    • W-2s for work as an employee
    • 1099-NEC forms for work as a contractor
    • 1099-MISC forms for income from other miscellaneous source
    • 1099-INT forms for interest you may have earned


  • Enter your taxable income
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