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If your taxable income is less than $50,000, use the Optional Tax Tables. ... 140A to file for 2013. In this case, you must ... Mr. and Mrs. Timely are filing a joint return. ...... 1,040. 41,100.

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What is optional tax tables?

Optional tax tables are alternative tax calculation methods that can be used by taxpayers to determine their tax liability.

Who is required to file optional tax tables?

Taxpayers who choose to utilize optional tax tables can file them instead of the standard tax forms.

How to fill out optional tax tables?

Optional tax tables can typically be filled out manually using the instructions provided by the tax authorities.

What is the purpose of optional tax tables?

The purpose of optional tax tables is to provide taxpayers with an alternative method of calculating their tax liability.

What information must be reported on optional tax tables?

Taxpayers must report their income, deductions, and other relevant financial information on optional tax tables.

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