Tax question!?

1 ⤊

On the Oregon 40S form, it asks what my "2006 federal tax liability ($0-$5000)" is? Can someone explain how I calculate this?

2007-04-17 18:30:24 · 4 answers · asked by dmeyers503 3 in Business & Finance ➔ Taxes ➔ United States

The total amount of TAX that you owed in 2006, before any TAX payments were deducted!

2007-04-17 18:36:39 · answer #1 · answered by Anonymous · 1⤊ 0⤋

It's the Total Tax line from your Federal return. Just copy the number over, that's all.

2007-04-17 20:01:28 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋

Look on whatever version of 1040 form you filed for federal.

2007-04-17 20:30:35 · answer #3 · answered by Judy 7 · 0⤊ 0⤋

It is your tax liability minus any nonrefundable credits (education credits, child tax credit, etc.

2007-04-17 18:43:51 · answer #4 · answered by Amy F 3 · 0⤊ 0⤋