Instructions For Form 1040ez - Income Tax Return For Single And Joint Filers With No Dependents - 2004 Page 12
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35benefits you repaid in 2004. Use the worksheet below to see if any
Income
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 may round off cents to whole dollars on your return. If you do
Line 1
round to whole dollars, you must round all amounts. To round, drop
amounts under 50 cents and increase amounts from 50 to 99 cents to
Wages, Salaries, and Tips
the next dollar. For example, $1.39 becomes $1 and $2.50 becomes
Enter the total of your wages, salaries, and tips. If a joint return, also
$3.
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 line
off only the total.
1.
•
Wages received as a household employee for which you did
You received two Forms W-2, one showing wages of
Example.
not receive a Form W-2 because your employer paid you less than
$5,009.55 and one showing wages of $8,760.73. On Form 1040EZ,
$1,400 in 2004. Also, enter “HSH” and the amount not reported on
line 1, you would enter $13,770 ($5,009.55 + $8,760.73 =
a Form W-2 in the space to the left of line 1.
$13,770.28).
•
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
employer, or (b) your Form(s) W-2 show allocated tips that you
If you received a refund, credit, or offset of state or local income
must report as income. You must report the allocated tips shown on
taxes in 2004, you may receive a Form 1099-G.
your Form(s) W-2 unless you can prove that you received less.
In the year the tax was paid to the state or other taxing authority,
Allocated tips should be shown on your Form(s) W-2 in box 8.
did you file Form 1040EZ or 1040A, or did you use TeleFile?
They are not included as income in box 1. See Pub. 531 for more
details.
•
Yes. None of your refund is taxable.
Scholarship and fellowship grants not reported on a Form
No.
You may have to report part or all of the refund as
W-2. Also, enter “SCH” and the amount in the space to the left of
income on Form 1040 for 2004. For details, use
line 1. However, if you were a degree candidate, include on line 1
TeleTax topic 405 (see page 6).
only the amounts you used for expenses other than tuition and
course-related expenses. For example, amounts used for room,
board, and travel must be reported on line 1.
Social Security Benefits
You must use Form 1040A or 1040 if you received
!
dependent care benefits or employer-provided adoption
You should receive a Form SSA-1099 or Form RRB-1099. These
forms will show the total social security and equivalent railroad
benefits for 2004.
CAUTION
retirement benefits paid to you in 2004 and the amount of any
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.
- 12 -
ADVERTISEMENT
0 votes
Related Articles
Related forms
Instructions For Form 1040ez - Income Tax Return For Single And Joint Filers With No Dependents - Internal Revenue Service - 2007
Financial
Instructions For Form 1040ez - Income Tax Return For Single And Joint Filers With No Dependents - 2011
Financial
Related Categories
Parent category: Financial