 Income tax 2023-2024, create a tax formula worksheet using Excel part number one. Get ready and some coffee because you're supporting an entire generation with income tax preparation 2023-2024. Here we are in Excel. If you don't have access to this workbook, that's okay because we'll basically build this from a blank worksheet. If you do have access to this workbook though, there's currently three tabs down below. We've got two green tabs with an E in front of it. That's going to be our example, in essence the end result. And then the blue tab with a P in front, that's where we're going to be doing our practice problem, building our Excel worksheet. Let's take a look at one of these example tabs to get an idea of where we will be going. In essence, constructing the income tax formula in as clean and streamlined format as possible. This allowing us a better understanding of the income tax formula conceptually and practically gives us another source that we can do data input. Having a double check to the data input on the tax return, which is quite useful even in practice, is given the fact that normal individual income taxes don't use the double entry accounting system. So we don't have that internal control. Having an external worksheet that we can basically punch the numbers into can help us better understand what the software is doing and double check our data input into the software.