1. Banking Complete form 1040EZ. Complete form 1040A.
12/6/2018
7-4 FORMS 1040 EZ AND 1040A
OBJECTIVES
Complete form 1040EZ.
Complete form 1040A.
Chapter 1

2. 1040EZ
Single or Filing Jointly
No Children
Taxable income is less than $100,000
Your taxable interest is not over $1,500

3. 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.

5. 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.

7. Example 3
Megan is single with no kids. She had three jobs over the last year. She made the following Wages:
$21, Fed: $2,667.90
$3, Fed: $615.11
$12, 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