 Income Tax 2022-2023, Employment Taxes, Tax Software, Example. Let's do some wealth preservation with some tax preparation. Here we are in our example of Form 1040 populated with LASERT tax software. You don't need tax software to follow along, but it's a great tool to run scenarios with. You can also get access to the Form 1040 at the IRS website, irs.gov, irs.gov. Starting point, we got the single file or Mr. Anderson, no employees instead of the W-2 income. We've got income flowing in from a Schedule C to Line 8. Let's look at that flow through by going to the Schedule E, in essence, an income statement, profit or loss from business, income minus expenses, gets to, in essence, the net income flowing in to Schedule 1. Schedule 1, then flow into...