Instructions For Form 1040ez - 2008 Page 17

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Form 1040EZ— Line 9
However, you do not qualify for this credit if all of the follow-
9
ing apply.
Line 9, Recovery Rebate Credit
You received an economic stimulus payment of $300
($600 if married filing jointly for 2007) before any offset
This credit is figured in the same manner as the economic
(see Refund Offset on page 18),
stimulus payment you may have received in 2008 except that
Your 2008 tax on Form 1040EZ, line 11, is $300 or less
your 2008 tax information is used to figure this credit. Your
($600 or less if married filing jointly for 2008), and
2007 tax information was used to figure your economic stimu-
lus payment.
Your 2008 filing status is the same as your 2007 filing
status.
You may be able to take this credit only if:
You did not get an economic stimulus payment, or
Use the worksheet that begins below to figure the credit you
Your economic stimulus payment was less than $600
can take, if any. Or you can use the recovery rebate credit
($1,200 if married filing jointly for 2007).
calculator on
Recovery Rebate Credit Worksheet— Line 9
Keep for Your Records
Before you begin:
See the instructions for line 9 above to find out if you can take this credit.
!
CAUTION
TIP
If you received Notice 1378, have it available. The notice shows the amount of your economic stimulus payment, which you will
need to fill in line 24 on page 18. If you do not have Notice 1378, you can find the amount of your economic stimulus payment on
1. Can you, or your spouse if filing a joint return, be claimed as a dependent on another person’s return?
No. Go to line 2.
Yes. You cannot take the credit. Stop here.
2. Does your tax return include a valid social security number for you and, if filing a joint return, your spouse?
Yes. Skip lines 3 and 4 and go to line 5.
No. Go to line 3.
3. Are you filing a joint return for 2008?
Yes. Go to line 4.
No. You cannot take the credit. Stop here.
4. Were either you or your spouse a member of the U.S. Armed Forces at any time during 2008?
Yes. Go to line 5.
No. You cannot take the credit. Stop here.
5. Enter the amount from Form 1040EZ, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5.
6. Enter $600 ($1,200 if married filing jointly) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.
7. Enter the smaller of line 5 or line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
8. Is the amount on line 7 at least $300 ($600 if married filing jointly)?
Yes. Skip lines 9 through 17 and enter the amount from line 7 on line 18.
No. If line 5 is more than zero, go to line 9. Otherwise, skip lines 9 through 11 and go to line 12.
9. Enter the amount from Form 1040EZ, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.
10. Enter the amount shown below for your filing status.
Single – $8,950
Married filing jointly – $17,900 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.
11. Is the amount on line 9 more than the amount on line 10?
No. Go to line 12.
Yes. If line 5 is more than zero, skip lines 12 through 16 and go to line 17. Otherwise, go to line 12.
12. Enter the amount of any social security benefits you received in 2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.
13. Enter the amount of any nontaxable veterans’ disability or death benefits you received in 2008 . . . . . . . . . . . . . . . . . 13.
14. Earned income. Complete Step 2 — Earned Income on page 13. Enter the amount from Step 2. (If you (or your spouse,
if filing jointly) had nontaxable combat pay and did not enter an amount on line 8b, add your (and your spouse’s)
nontaxable combat pay to the amount on this line.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.
15. Qualifying income. Add lines 12 through 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.
16. Is line 15 at least $3,000?
No. Skip line 17 and enter the amount from line 7 on line 18.
Yes. Go to line 17.
17. Enter $300 ($600 if married filing jointly) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.
18. Enter the larger of line 7 or line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18.
(Continued on next page.)
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