How To Complete a 1040EZ
Riani Rosario
WHAT FORMS DO YOU NEED TO FILE A 1040EZ?
1040 EZ form - provided by the bank
1099-int- employer
Tax Table chart
How to complete each line from the 1040EZ FORM
(Wages, Tips , other Compensation)
Look at box 1
Line 2
(Taxable Interest)
Look at box 1 - Interest Income on your W2 form
Line 3
If no employment then put 0 and if employment put your earnings
Line 4
Add lines 1 , 2 and 3 ..this is your Adjusted Gross Income
Then enter your amount on this line
Line 5
Look at Worksheet-Dependents who checked one or both boxes
Enter your maximum standard deduction
Line 6
This is your taxable income.
Look at line 5 and line 4. Subtract line 5 from line 4. If line 5 is larger than line 4, enter 0
Line 7
This is your federal income tax.
Look at box 2
Line 8
If no employment then you enter 0 , if you have employment compensation , enter your earned income
Line 9
This is your total payment and credits
Add lines 7 and 8a
Then enter your amount on this line
Line 10
This is your tax
Look at line 6 to find your tax in the tax table
Then enter the tax from the table on this line
Line 11
This is your health care
If full year health coverage , enter 0 ..if not enter your amount
Line 12
This is your total tax
Add lines 10 and 11
Enter the amount on this line
Line 13
This is your refund
If line 9 is larger than line 12, subtract line 12 from line 9
Enter the amount on this line