Instructions For Form 1040ez - 2008 (Page 18 of 41) in pdf

Form 1040EZ— Lines 9 through 12d

Recovery Rebate Credit— Line 9 (continued)

Keep for Your Records

19. Enter the amount from Form 1040EZ, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.

20. Is your filing status single?

No. Skip lines 21 and 22 and enter the amount from line 18 on line 23.

Yes. Enter $75,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20.

21. Is the amount on line 19 more than the amount on line 20?

No. Skip line 22. Enter the amount from line 18 on line 23 below.

Yes. Subtract line 20 from line 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 .

22. Multiply line 21 by 5% (.05) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22.

23. Subtract line 22 from line 18. If zero or less, enter -0-. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23.

24. Enter the amount, if any, of the economic stimulus payment you received (before offset) as shown on Notice 1378 or

If you received more than one payment, enter the total of all payments you received as shown on all

Notices 1378 or on If filing a joint return, include your spouse’s payment as shown on your spouse’s

Notice 1378 or on If you filed a joint return for 2007 and received an economic stimulus payment, you and

your spouse are each treated as having received half of the payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24.

25. Recovery rebate credit. Subtract line 24 from line 23. If zero or less, enter -0-. Enter the result here and, if more than

zero, on Form 1040EZ, line 9. If you entered an amount on line 13 on page 17, enter “VA” in the space to the left of

Form 1040EZ, line 9. If you (or your spouse if filing jointly) had nontaxable combat pay and did not enter an amount

on line 8b, enter “NCP” in the space to the left of Form 1040EZ, line 9. If line 24 is more than line 23, you do not have

to pay back the difference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25.

If your refund is large, you may want to decrease the

Credit figured by the IRS. If you want us to figure the credit

amount of income tax withheld from your pay by filing

for you, enter “RRC” in the space to the left of line 9. If you (or

TIP

a new Form W-4. See Income tax withholding and

your spouse, if filing jointly) received any nontaxable veterans’

disability or death benefits, also enter “VA” in the space to the

estimated tax payments for 2009 on page 23.

left of line 9. If you (or your spouse, if filing jointly) had

nontaxable combat pay and did not enter an amount on line

Refund Offset

8b, also enter “NCP” in the space to the left of line 9.

If you owe past-due federal tax, state income tax, child sup-

port, spousal support, or certain federal nontax debts, such as

student loans, all or part of the refund on line 12a may be

used (offset) to pay the past-due amount. Offsets for federal

Line 10

taxes are made by the IRS. All other offsets are made by the

Treasury Department’s Financial Management Service (FMS).

Add lines 7, 8a, and 9. Enter the total on line 10.

For federal tax offsets, you will receive a notice from the IRS.

For all other offsets, you will receive a notice from FMS. To find

Amount paid with request for extension of time to file.

out if you may have an offset or if you have a question about

If you filed Form 4868 to get an automatic extension of time to

it, contact the agency(ies) you owe the debt to.

file, include in the total on line 10 any amount you paid with

that form or by electronic funds withdrawal or credit card. If

Injured spouse. If you file a joint return and your spouse has

you paid by credit card, do not include on line 10 the conve-

not paid past-due federal tax, state income tax, child support,

nience fee you were charged. To the left of line 10, enter

spousal support, or a federal nontax debt, such as a student

“Form 4868” and show the amount paid.

loan, part or all of the refund on line 12a may be used (offset)

to pay the past-due amount. But your part of the refund may

be refunded to you if certain conditions apply and you com-

Line 11, Tax

plete Form 8379. For details, use TeleTax topic 203 (see page

27) or see Form 8379.

Do you want the IRS to figure your tax for you?

Lines 12a Through 12d

Yes. See Pub. 967 for details, including who is eligible

DIRECT

DEPOSIT

and what to do. If you have paid too much, we will

send you a refund. If you did not pay enough, we will

Simple. Safe. Secure.

send you a bill.

No. Use the Tax Table that starts on page 28.

Fast Refunds! Choose direct deposit— a fast, simple, safe,

secure way to have your refund deposited automatically into

your checking or savings account, including an individual re-

Refund

tirement arrangement (IRA).

If line 12a is under $1, we will send the refund only on written

Why Use Direct Deposit?

request.

•

You get your refund faster by direct deposit than you do

If you want to check the status of your refund, please wait at

by check.

least 72 hours after the IRS acknowledges receipt of your

•

Payment is more secure. There is no check to get lost.

e-filed return (3 to 4 weeks after you mail a paper return) to do

•

so. But if you filed Form 8379 with your return, allow 14 weeks

It is more convenient. You do not have to make a trip to

(11 weeks if you filed electronically). See page 26 for details.

the bank to deposit your check.

- 18 -

Instructions For Form 1040ez - 2008 Page 18

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