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APPENDIX
Taxable Year 2000 2001 2002 2003
7 Wages -- $27,000 $48,600 $16,200
8 Taxable interest $401 421 143 34
Tax-exempt interest
9 Ordinary dividends -- 150 -- 1
10 Taxable refunds, etc. -- -- -- --
11 Alimony received -- -- -- --
12 Business income or (loss) 140,997 -- -- --
13 Capital gain or (loss) 279,089 -1,500 -1,500 -1,500
14 Other gains or (losses) -- -36,535 -- --
15 Total IRA distributions 53,400 110,035 29,000 --
16 Total pensions and annuities -- -- -- --
17 Rental real estate, royalties, -- 120,954 78,408 96,881
partnerships, S corps., etc.
18 Farm income or (loss) -- -- -- --
19 Unemployment compensation -- -- -- --
20 Social Security benefits -- -- -- --
21 Other income _______ _______ _______ _______
22 Total income 473,887 220,525 154,651 111,616
23 IRA deduction -- -- -- --
24 Student loan interest deduction -- -- -- --
25 Medical savings account deduction -- -- -- --
26 Moving expenses -- -- -- --
27 One-half of self-employment tax 8,501 -- -- --
28 Self-employment health ins. deduction 2,784 -- -- 1,776
29 Self-employed SEP, SIMPLE, and 25,500 -- -- 6,480
qualified plans
30 Penalty on early withdrawal of savings -- -- 1,243 --
31 Alimony paid _______ _______ _______ _______
32 Total adjustments 36,785 -- 1,243 8,256
33 Adjusted gross income 437,102 220,525 153,408 103,360
Itemized deductions 84,239 52,748 82,016 38,382
Exemptions -- –- 540 6,100
Taxable income 352,863 167,777 70,852 58,878
Tax 120,464 51,622 16,468 11,575
Self-employment tax 17,001
Total tax 137,465 51,622 16,468 11,575
Federal income tax withheld from -- 10,692 19,246 6,415
Forms W-2 and 1099
Estimated payments -- -- -- –
Total payments -- 10,692 19,246 6,415
Amount owed, not including 137,728 40,930 -- 5,160
estimated tax penalty
Amount overpaid -- -- -2,778 --
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