How To Complete Your 1040EZ...

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1) What you will need

-all forms W-2 wage and tax statements (provided by employer)

-1099 INT (provided by bank)

-1040EZ Tax Form

-2015 Tax Table (found online)

-Calculator (optional)

-Positive Attitude!

*REMEMBER DUE DATE IS APRIL 18, 2016*

LET'S GET STARTED!

2) Filling in Personal and Income Section

Personal Info Section: Fill in the required information in each box with readable text

Box 1: Enter the TOTAL amount of wages from all of your W-2 Forms and attach them to the document.

Box 2: This number can be found in your 1099 INT Form in the Interest Income box (Ex: $765.00)

Box 3+4: Self-explanatory

Box 5: Self-explanatory, also requires completion in the back of the document. Follow each step attentively!

Box 6: In this box, the amount of money in box 5 is subtracted to line 4 if line 4 is larger. If not, "enter -0-" (Taxable Income). Ex: $31,250 - $6,300 = $24,950

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3) Filling in Payments, Credits, and Tax

Box 7: This number can be found in your W-2 form in the second box where it says "Federal income tax withheld"

Box 8: (a) see instructions in the EIC section if no income credit enter -0- (b) Only if you chose to give $3 to the Presidential Election Campaign

Box 9: Total payments and credits (adding line 7+8)

Box 10: Total Tax= in order to find this number, you will need your number in line 6 and the 2015 tax table. Using the 2015 tax table, find your number in line 6 and follow column according to your status (single, married, etc.) Enter the corresponding tax return value in the line.

Box 11: Healthcare= enter the amount you pay for healthcare/see instructions

Box 12: Add lines 10 and 11 together

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YOU'RE ALMOST THERE!

4) Final Four!

Refund: ONLY if your line 9 is larger than your line 12, you qualify for a refund. There are also more options in which you enter an account information (found below: account number, routing number, etc.).

Owe: ONLY if your line 12 is larger than your line 9, you owe money to the government. You could also have this amount charged to your account if wanted to and seeing details on how to pay.

Third Party Designee: ONLY if you want another person to discuss the return with the IRS. You would have to put their name and phone number and PIN.

"SIGN HERE": This is proof that you have examined the return and "accurately listed all information". You will fill in your signature, date, occupation, phone number, etc. ONLY if it is a joint return, you will provide the "Spouse's signature, date," etc.

Paid Preparer USE ONLY: DO NOT WRITE IN THIS SECTION

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