Question

For taxpayers who receive certain types of income, all of the following worksheets offer alternative ways...

For taxpayers who receive certain types of income, all of the following worksheets offer alternative ways to calculate tax except:

- Schedule D Tax Worksheet.

- Foreign Earned Income Tax Worksheet.

- Schedule B.

- Qualified Dividends and Capital Gain Tax Worksheet

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Answer #1

From the above four,

- Schedule D Tax Worksheet helps in computation of income from Dividends and capital gains.

- Foreign Earned Income tax Worksheet helps in computation of Foreign Earned income Tax.

- Qualified Dividends and capital gains tax Worksheet is used to compute Qualified Dividends and capital gains tax.

- Schedule B reports the interest and dividend income you receives during the year. And it doesn't calculate any tax.

Answer: All of the following worksheets offer alternative ways to calculate tax, except SCHEDULE B.

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