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Enter box 6a Social Security benefits from 1040-SR$0.00
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Multiply line 1 by 50%$0.00
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Combine lines 1z, 2b, 3b, 4b, 5b, 7 and 8 from 1040-SR$0.00
Form 1040 Calculation
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1z - enter amount from form 1040-SR page 1$0.00
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2b - enter amount form 1040-SR page 1$0.00401k$0.00
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Combine 2, 3, 4, 5$0.001040 line b$0.00
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Enter total of amounts Schedule 1, lines 11-20 and 23-25$0.00$0.00
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Is line 7 < 6? yes then substract 7 from 6$0.00$0.00
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Standard deduction ($25000)$0.00Total Income$0.00
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Is line 9 < 8? ("No". enter 0 on "6B") ("yes" then subtract 9 from 8)$0.00line 26 schedule 1$0.00
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Enter $9000 if single filing$0.00AGI$0.00
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Subtract line 11 from line 10, if negative enter 0$0.00Standard deduction
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Enter smaller of line 11 or line 10$0.00Form 8996$0.00
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Enter one-half of line 13$0.00Add 13 & 12$0.00
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Enter the smaller of line 2 or line 14$0.00Tax Income (11 - 14), if 0 or less, enter "0"$0.00
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Multiply line 12 by 85%$0.00Fed Tax Table$0.00
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Add lines 16 and 15$0.00
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Multiply line 1 by 85%$0.00
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Enter smaller of line 18 or 17 on 1040 line 6b$0.00
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401k Withdraw Scenarios
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Withdraw $9,000 (401k) results in paying $0 federal tax
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Withdraw $10,000 (401k) results in paying $0 federal tax
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Withdraw $15,000 (401k) results in paying $358 federal tax
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Withdraw $20,000 (401k) results in paying $1,103 federal taxTax Withheld (1099)
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Withdraw $25,000 (401k) results in paying $2,255 federal taxRefund Amount$0.00
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