The Tax Computation
Federal Tax Course – Lesson 3

Introduction 301
Itemized Deductions 302
The Standard Deduction 303
Special Standard Deduction Limitations for Dependents 304
Special Rules for Married Persons Filing Separate Returns 305
Individuals Not Eligible For the Standard Deduction 306
How The Tax is Computed 307
The Tax Rate Structure 308
Rounding Off to Whole Dollar Amounts 309