Another nice way of setting up precise boring angles is to use the fact that, on many lathes, the lefthand machined edge of the topslide is accurately parallel to the topslide dovetail axis. This is easily checked with a tenths clock bearing against this surface while the topslide is moved over its full traverse. This will not only check the parallelism but also check that the gibs are properly snugged and do not wobble as the handle is turned.
With known parallelism the required angle can then be setup by a 5" sine bar and gauge block spacers resting against the side of the topslide.
A jury rigged clamp may be used to hold the sine bar in position but I find it more convenient to provide artificial sideways "gravity" by a couple of supermagnets rescued from a junk computer hard drive and temporarily stuck to the topslide side with spacers and double sided sticky tape. The mild steel spacers are chosen to set the working airgap to no more than
1/8".With the sine bar safely anchored, the topslide will then be correctly set when the sine bar surface is parallel to the spindle axis. This is checked with a clock, located on the bed, and bearing on the the sine bar surface. It should show no movement as the lathe carriage is traversed to move the clock tip along the whole length of the sine bar.
Jim