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Item No. 29B STAFF SUMMARY FOR AUGUST 2223, 2018 29B. ADMINISTRATIVE ITEMS REMAKING TIMETABLE Today's ItemInformation Action Review and consider approving requested changes to the perpetual timetable
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01
To fill out Form 29B Summary of Total, you need to follow these steps:
02
Enter the taxpayer's identification number in the designated field.
03
Provide the taxpayer's name and address.
04
Enter the total income of the taxpayer from all sources.
05
Specify the total deductions claimed by the taxpayer.
06
Calculate the net taxable income by subtracting the total deductions from the total income.
07
Enter the tax payable amount based on the taxable income.
08
Provide any tax credits or reliefs applicable to the taxpayer.
09
Calculate the total amount of tax payable after applying the tax credits/reliefs.
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Finally, sign and date the form before submitting it.

Who needs 29b summary of total?

01
Anyone who is required to file an income tax return and has income from various sources needs Form 29B Summary of Total. It is used to summarize the total income, deductions, and tax payable by the taxpayer for a given tax year.

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