How To Complete a 1040EZ

Riani Rosario

WHAT FORMS DO YOU NEED TO FILE A 1040EZ?

You need a W2 form-provided by your employer

1040 EZ form - provided by the bank

1099-int- employer

Tax Table chart

How to complete each line from the 1040EZ FORM

Line 1

(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