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If Schedule A, line 5 (which is total intangible assets)is $200,000 or less, multiply your total intangible assets by 0.001. This gives you your gross tax. Now subtract $40.00 (your personal exemption) from your gross tax. That figure is the tax you owe.
BTW, this is for joint returns.
Tax rate for individual returns less than 100K is 0.001 and tax rate for more than 100K is 0.0015

the personal exemptions vary too.

Kelly
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