Preparing a 1040EZ

Julian Munoz

Completing your 1040EZ

Welcome aboard, if you're reading these instructions, then let me be the first to say: "Congratulations!" you've recently become a full fledged adult with adult responsibilities like filing your taxes! And this is your first instructional pamphlet! To begin, write your first and last name in the appropriate boxes. Now, you are ready to officially start filling out the 1040EZ.


Line 1: First, write your wages, salaries, and tips. This should be shown in box 1 of your W-2 form


Line 2: Write your taxable interest on line 2, but remember, if the total is over $1,500, you cannot use Form 1040EZ


Line 3: If you have any unemployment compensation, write it down here.


Line 4: Add the above lines, put the total here


Line 5: Follow instructions on back of Form 1040EZ


Line 6: Subtract line 5 from line 4 and this will be your taxable income. Important note: If line 5 is larger than line 4, enter "0"


Line 7: Enter your Federal Income Tax withheld that is provided to you on your Form W-2


Line 8: Enter your Earned Income Credit (EIC)


Line 9: Add lines 7 and 8a, these are your total payments and credits


Line 10: Use the number you entered on line 6 to find your taxable interest which can be found on your tax table.


Line 11: Health Care should be entered here.


Line 12: Add lines 10 and 11


Line 13: If line 9 is larger than line 12, subtract line 12 from line 9. This is your refund. Enter the total on this line


Line 14: If line 12 is larger than line 9, subtract line 9 from line 12. This is the amount you owe. Enter the total here.


Congratulations you have completed your first 1040EZ and you are now ready for more upcoming adult responsibilities!

W-2 Example