Banking Complete form 1040EZ. Complete form 1040A. 11/16/2018 7-4 FORMS 1040 EZ AND 1040A OBJECTIVES Complete form 1040EZ. Complete form 1040A. Chapter 1

1040EZ Single or Filing Jointly No Children Taxable income is less than $100,000 Your taxable interest is not over $1,500

Example 1 Elizabeth Allison is a food editor for a magazine. She has received a W-2 form from her employer and a 1099 form from her savings bank.

Example 2-Form 1040A Kenya and Robin Omar are married with one child. They received $987 interest on bank deposits and $1,200 in stock dividends.

Example 3 Megan is single with no kids. She had three jobs over the last year. She made the following Wages: $21,090.11 Fed: $2,667.90 $3,596.83 Fed: $615.11 $12,137.76 Fed: $1,332.72 She also made: $201 in dividends $1,231 in capital gains She was able to write off $250 in educator expenses Use a 1040A form