T.G.Dyar-Tax Report

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NOTE: The base year of the plan is the last year tax returns were filed and matches the filed returns. After the tie in has been documented to the client the base year is suppressed in later reports. The current year of the plan is usually pretty accurate. The next four years out are fairly reliable for planning, but the subsequent five years should always be taken with a grain of salt. Beyond ten years it's pure number crunching and the reports are mainly useful to show the possible impact of major life events like retirement, large charitable gifts, sale of a business or mandatory IRA withdrawals.

Prepared by T. G. Dyar
SFP Associates
11/5/01	I N C O M E S T A T E M E N T

Chris & Cora Williams
SAMPLE REPORT
Proposed Condition

File #DEM4100.xp1	2000	2001	2014	2015	2048
Age:	48/41	49/41	62/55	63/56	96/89
Earned Income
Salary-Chris	160,745	168,782	318,263	334,176	1,671,947
Compensation-Cora	106,589	114,583	293,380	315,384	3,430,196
IRA - Chris	-2,000	-2,000	-2,000	-2,000	0
IRA - Cora	-2,000	-2,000	-2,000	-2,000	0
	263,334	279,365	607,644	645,560	5,102,143
Interest/Dividends
Saving/NOW Acts	900	900	900	900	900
Money Market Fund	3,000	3,000	3,000	3,000	3,000
Mutual Funds-Total	499	552	2,076	2,299	66,339
CXNB - Stock '87	3,107	3,169	3,959	3,990	4,638
DXYZ - Stock '82	114	120	150	121	0
IBX - Stock '83	802	826	1,080	1,067	0
InTiC - Stock '86	1,383	1,452	2,485	2,521	0
Cert Of Deposits	1,972	2,094	4,577	4,861	35,385
Cash Mgmt Act	7,137	11,832	136,427	159,878	5,294,713
	18,912	23,945	154,654	178,636	5,404,976
Investments
Main St - 10 Apt Un	-9,605	-6,617	13,922	0	0
Main St - 10 Apt Un	-50,392	-59,997	0	0	0
Disallowed	59,997	66,614	0	0	0
	0	0	13,922	0	0
Other
Txbl Social Sec	0	0	0	0	308,436
	0	0	0	0	308,436

Net Capital Gain	85	95	2,022	2,294	17,749
	========	========	========	========	========
Adj Gross Income	282,331	303,405	778,241	826,491	10,833,303

Deductions
State Tax Paid	13,913	15,378	49,059	52,345	695,641
Local Tax Paid	7,507	8,337	26,918	28,731	383,634
Ten Park Place	8,774	9,125	15,194	15,801	57,649
Planned 2nd House	3,150	3,308	6,237	6,549	32,764
Ten Park Place	40,703	40,387	29,908	28,221	0
Planned 2nd House	22,531	21,219	0	0	0
Reductn for High Inc	-4,601	-5,114	0	0	0
Gross Deductions	91,976	92,639	127,316	131,647	1,169,688
Standard Deduction	7,350	7,600	15,100	15,700	72,000
Allowed Deductions	91,976	92,639	127,316	131,647	1,169,688
Pers Exemptions	3,920	2,320	9,700	10,100	36,800
	========	========	========	========	========
Taxable Income	186,435	208,446	641,226	684,744	9,626,815
	========	========	========	========	========
Fed Income Tax	50,151	56,902	205,872	219,832	3,222,875
	========	========	========	========	========
Fed Tax Bracket-Ord Inc	36.00%	35.50%	35.00%	35.00%	35.00%

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