How to Complete a 1040EZ
Mike Motyka
Who do you get it from?
The bank sends you the 1099int form and your employer will give you the W2 form. Then, you get the 1040EZ from the IRS.
Then, the final due date for you your taxes is April 15.
How to fill out a 1040EZ
Lines 16
 Lines 714
 Worksheet for Line 5Dependents who checked one or both boxes

Lines 16
 Line 1's number comes from box 1 on the W2 form($30,485.00). This is the wages and tips earned.
 Line 2 is the taxable interest. In this case, it is $765 which can be found in the 1099int, box 1.
 Line 3 depends if the person is unemployed or not. In this case he isn't, so the number entered is 0.
 Line 4's number comes from the sum of lines 1,2,3, this is the adjusted gross income.
 Line 5 gives you an option of you claiming yourself or your spouse. In this case, he claimed himself and enters $6,300 since he is single.
 Line 6 is line 5 subtracted from line 4, since line 4 is greater. This is the taxable income.
Lines 714
 Line 7 is the federal income tax withheld, which can be found in box 2 of the W2 form($2,345.22)
 Line 8a and 8b is the EIC and nontaxable combat pay, which is entered as 0.
 Line 9 is the total payments and credits, this is the sum of lines 7 and 8a($2,345.22).
 Line 10 is using the tax table to find your tax. So you use the amount from line 6 and match it with single on the table. It should line up and give you a number, in this case, $3,285.
 Line 11 is individual responsibility(healthcare) which is entered as 0.
 Line 12 is finding the total tax, which you add lines 10 and 11.
 Line 13a is seeing if you have a refund, only if line 9 is larger than 12.
 Line 14, is the amount you owe, so in this case, he owes money since line 12 is larger than 9.
Worksheet for Line 5Dependents who checked one or both boxes
 A amount from line 1
 B standard deduction(already entered)
 C Entering the larger number of A and B.
 D If single enter $6,300, if married filing jointly enter $12,600. In this case, $6,300.
 E Enter the smaller of line C or D(6,300)
 F single enter 0
 G Adding lines E and F.(6,300)