Instructions For Form 1040ez - Income Tax Return - Internal Revenue Service- 2006 Page 8
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36Before You Fill In Form 1040EZ
For details on these and other changes for 2006 and
Direct Deposit of Refunds
2007, see Pub. 553.
TIP
If you choose direct deposit of your refund, you may be able to split
the refund into two or three accounts. See the instructions for line
12a on page 18.
Earned Income Credit (EIC)
What’s New for 2006
You may be able to take the EIC if you earned less than $12,120
($14,120 if married filing jointly). See the instructions for lines 8a
Credit for Federal Telephone Excise Tax
and 8b that begin on page 13.
If you paid the federal excise tax on your long distance or bundled
telephone service, you may be able to request a credit. See the in-
Mailing Your Return
structions for line 9 on page 18.
You may be mailing your return to a different address this year
because the IRS has changed the filing location for several areas. If
you received an envelope with your tax package, please use it. Oth-
erwise, see Where Do You File? on the back cover.
These rules apply to all U.S. citizens, regardless of where they live, and resident aliens.
Filing Requirements
Do You Have To File?
Form 1040NR-EZ. Pub. 519 discusses these requirements and other
information to help aliens comply with U.S. tax law, including tax
Were you (or your spouse if filing a joint return) age 65 or older at
treaty benefits, and special rules for students and scholars.
the end of 2006? If you were born on January 1, 1942, you are
considered to be age 65 at the end of 2006.
When Should You File?
Yes. Use TeleTax topic 351 (see page 6) to find out if you
File Form 1040EZ by April 16, 2007. If you live in Maine, Mary-
must file a return. If you do, you must use Form
land, Massachusetts, New Hampshire, New York, Vermont, or the
1040A or 1040.
District of Columbia, you have until April 17, 2007. If you file after
No. Use Chart A, B, or C on page 9 to see if you must file a
this date, you may have to pay interest and penalties. See below.
return.
If you were serving in, or in support of, the U.S. Armed
Even if you do not otherwise have to file a return, you
Forces in a designated combat zone, qualified hazardous
TIP
should file one to get a refund of any federal income tax
TIP
duty area, or a contingency operation (for example, you
withheld. You should also file if you are eligible for the
were in the Afghanistan, Bosnia, Kosovo, or Persian
earned income credit or the credit for federal telephone
Gulf area), see Pub. 3.
excise tax paid.
Have you tried IRS e-file? It’s the fastest way to get
What if You Cannot File on Time?
your refund and it’s free if you are eligible. Visit
for details.
You can get an automatic 6-month extension if, no later than the
date your return is due, you file Form 4868. For details, see Form
Exception for children under age 18.
If you are planning to file a
4868.
tax return for your child who was under age 18 at the end of 2006
and certain other conditions apply, you can elect to include your
However, even if you get an extension, the tax you owe is still
child’s income on your return. But you must use Form 1040 and
due April 16, 2007 (April 17, 2007, if you live in Maine, Maryland,
Form 8814 to do so. If you make this election, your child does not
Massachusetts, New Hampshire, New York, Vermont, or the Dis-
have to file a return. For details, use TeleTax topic 553 (see page 6)
trict of Columbia). If you make a payment with your extension re-
or see Form 8814.
quest, see the instructions for line 10 on page 18.
A child born on January 1, 1989, is considered to be age 18 at the
end of 2006. Do not use Form 8814 for such a child.
What if You File or Pay Late?
These rules also apply if you were a resident alien.
Resident aliens.
The IRS can charge you interest and penalties on the amount you
Also, you may qualify for certain tax treaty benefits. See Pub. 519
owe.
for details.
If you file late, the penalty is usually 5% of the amount due for
These rules also apply if
Nonresident aliens and dual-status aliens.
each month or part of a month your return is late, unless you have a
you were a nonresident alien or dual-status alien and both of the
reasonable explanation. If you do, attach it to your return. The pen-
following apply.
•
alty can be as much as 25% (more in some cases) of the tax due. We
You were married to a U.S. citizen or resident at the end of
will charge you interest on the penalty from the due date of the
2006.
return (including extensions). If your return is more than 60 days
•
You elected to be taxed as a resident alien.
late, the minimum penalty will be $100 or the amount of any tax
you owe, whichever is smaller.
See Pub. 519 for details.
Specific rules apply to determine if you are a resident
If you pay your taxes late, the penalty is usually
1
⁄
of 1% of the
2
!
alien, nonresident alien, or dual-status alien. Most non-
unpaid amount for each month or part of a month the tax is not paid.
resident aliens and dual-status aliens have different fil-
The penalty can be as much as 25% of the unpaid amount. It applies
CAUTION
ing requirements and may have to file Form 1040NR or
to any unpaid tax on the return.
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