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The Surplus Earnings Loss Test is a diagnostic and financial structure assessment tool to help us, and you, determine whether the Alliance's research-based capital accumulation or capital distribution structures can benefit you. This test estimates potential losses of earnings to income taxes using assumptions derived from Alliance Research and the information you provide. It is intended for general diagnostic and illustrative purposes only. Estimate your monthly, after-tax lifestyle costs for food, clothing, entertainment, car expense, mortgage payments or rent, educational costs for children, etc. and perform the suggested calculations.
SURPLUS EARNINGS LOSS
TEST
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BEFORE-TAX ANNUAL PLANNED
PERSONAL INCOME |
| |
1. |
Annual Employment Income before taxes:
(and before any contribution to qualified retirement plans or IRA's.)
|
$
|
2. |
Annual Outside Income before taxes, includes spousal
income before taxes, interest, dividends, annuity,
pension and property rental income net of operating
expenses and loan payments: |
$
|
|
| A. |
| ANNUAL ESTIMATED PRE-TAX
PERSONAL INCOME |
|
|
$
|
| PLANNED MONTHLY PERSONAL LOAN
PAYMENTS |
3. |
|
|
| B. |
ANNUAL ESTIMATED EARNINGS
REQUIRED
FOR PERSONAL LOAN PAYMENTS |
|
|
$
|
| PLANNED MONTHLY PERSONAL LIFESTYLE
COSTS |
4. |
|
|
| C. |
ANNUAL ESTIMATED EARNINGS
REQUIRED
FOR PERSONAL LIFESTYLE COSTS |
|
|
$
|
| AVAILABLE ANNUAL SURPLUS EARNINGS |
|
A.
|
$
|
| |
Minus B. |
-$
|
| |
Subtotal |
$
|
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Minus C. |
-$
|
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| D. |
ESTIMATED TOTAL AVAILABLE
ANNUAL SURPLUS EARNINGS |
|
|
$
|
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