 Income tax 2023-2024, health savings account, HSA deduction tax software example, get ready and some coffee so we can stave off the government attack with income tax preparation 2023-2024. Here we are in our form 1040 tax software example using LASERT tax software. You don't need tax software to follow along, but if you have access to tax software, it's a great tool to run scenarios with. You can also get access to forms, schedules, instructions at the IRS website, irs.gov, irs.gov. Starting with our normal starting point taxpayer, Adam Taxman, just trying to avoid a dang Taxman. Living in Beverly Hills 90210, single filer to start off with W2 income 100,000. We have the standard deduction $13,850 taxable income, therefore $86,150, which we can mirror in our income tax formula, $100,000, $13,850 taxable income, $86,150 tax calculated by the software starting at the $14,266, which is on page 2 of the form 1040 as we can see. Let's go back to the first page. We're going to be focusing in this time on the line 10.