Instructions For 1040 Ez Form - Internal Revenue Service - 2005 Page 12

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In the year the tax was paid to the state or other taxing authority,
Presidential Election Campaign
did you file Form 1040EZ or 1040A, or did you use TeleFile?
Fund
Yes. None of your refund is taxable.
This fund helps pay for Presidential election campaigns. The fund
No.
You may have to report part or all of the refund as
reduces candidates’ dependence on large contributions from indi-
income on Form 1040 for 2005. For details, use
viduals and groups and places candidates on an equal financial
TeleTax topic 405 (see page 6).
footing in the general election. If you want $3 to go to this fund,
check the box. If you are filing a joint return, your spouse may also
have $3 go to the fund. If you check a box, your tax or refund will
Social Security Benefits
not change.
You should receive a Form SSA-1099 or Form RRB-1099. These
forms will show the total social security and equivalent railroad
retirement benefits paid to you in 2005 and the amount of any
Income
benefits you repaid in 2005. Use the worksheet below to see if any
of your benefits are taxable. If they are, you must use Form 1040A
or 1040. For more details, see Pub. 915.
Rounding Off to Whole Dollars
You can round off cents to whole dollars on your return. If you do
round to whole dollars, you must round all amounts. To round, drop
Line 1
amounts under 50 cents and increase amounts from 50 to 99 cents to
the next dollar. For example, $1.39 becomes $1 and $2.50 becomes
Wages, Salaries, and Tips
$3.
Enter the total of your wages, salaries, and tips. If a joint return, also
include your spouse’s income. For most people, the amount to enter
If you have to add two or more amounts to figure the amount to
on this line should be shown on their Form(s) W-2 in box 1. But the
enter on a line, include cents when adding the amounts and round
following types of income must also be included in the total on
off only the total.
line 1.
You received two Forms W-2, one showing wages of
Example.
Wages received as a household employee for which you did
$5,009.55 and one showing wages of $8,760.73. On Form 1040EZ,
not receive a Form W-2 because your employer paid you less than
line 1, you would enter $13,770 ($5,009.55 + $8,760.73 =
$1,400 in 2005. Also, enter “HSH” and the amount not reported on
$13,770.28).
a Form W-2 in the space to the left of line 1.
Tip income you did not report to your employer. But you must
use Form 1040 and Form 4137 if: (a) you received tips of $20 or
Refunds of State or Local Income Taxes
more in any month and did not report the full amount to your
If you received a refund, credit, or offset of state or local income
employer, or (b) your Form(s) W-2 show allocated tips that you
taxes in 2005, you may receive a Form 1099-G.
must report as income. You must report the allocated tips shown on
Worksheet To See if Any of Your Social Security Benefits Are Taxable
Keep for Your Records
Before you begin:
If you are filing a joint return, be sure to include any amounts your spouse received when
entering amounts on lines 1, 3, and 4 below.
1. Enter the amount from box 5 of all your Forms SSA-1099
and Forms RRB-1099 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.
2. Is the amount on line 1 more than zero?
No.
None of your social security benefits are taxable.
STOP
Yes. Enter one-half of line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2.
3. Enter your total wages, salaries, tips, etc., from Form(s) W-2. Also, include any taxable
unemployment compensation and Alaska Permanent Fund dividends you received (see the
instructions for line 3 on page 13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.
4. Enter your total interest income, including any tax-exempt interest . . . . . . . . . . . . . . . . . .
4.
5. Add lines 2, 3, and 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5.
6. If you are:
}
Single, enter $25,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.
Married filing jointly, enter $32,000
7. Is the amount on line 6 less than the amount on line 5?
No.
None of your social security benefits are taxable this year. You can use Form 1040EZ.
Do not list your benefits as income.
Yes.
Some of your benefits are taxable this year. You must use Form 1040A or 1040.
STOP
Need more information or forms? See page 5.
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