 Income tax 2022-2023 Educator Expenses 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 scenario Scenario With you can also get access to the Form 1040 related forms and schedules At the IRS website, iris.gov, iris.gov, iris.gov, v for victory over tax form Okay, we've got our starting point here, single filer, Mr. Anderson, dependence none W2 income, we've got 100,000 and then 12,950 for the standard deduction Getting us to the 87,050 for the taxable income that's mirrored on our worksheet In a formula basis here, 87,050 letting the tax software do the tax on page number