IRS 1040-EZ 2016-2022

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Video instructions and help with filling out and completing IRS 1040-EZ 2022 Form

Instructions and Help about IRS 1040-EZ 2022 Form

Okay in this video we're going to talk about how to fill out a 1040 EZ federal tax form now the reason we're only focusing on a 1040 EZ it's because this is the most common form that you will ever fill out when doing your taxes now let's go and get started what you're going to need is a w-2 a 1040ez form as well as the tax table now I'm going to provide all of that on the on this video here so if you have one of my worksheets or if you have something else that you can go along with and feel free let's go and get start all right step 1 use the W — now the w2 it looks like this this is the form that you get every year from your employer all right it tells you how much money you make how much money you have paid in taxes state federal all that it's basically a snapshot or a progress report if you will of how much money you've made financially for your know for your for job for your job so the first thing I want to look at is how much money did you make so how much money you made was right here on the first line seventy-six thousand three hundred and fifty now going to my 1040 EZ that's what I'm going to put here seventy-six thousand and I just forgot exactly how much it was 350 so seventy-six thousand three hundred and fifty okay now for this particular example and the ones that we're going to do in this class lines two and three it talks about taxable interest meaning if you got money off of maybe a savings account or something or step or line three is unemployment just in you know if you didn't have a job, but you're getting on unemployment check that's what you would fill in for two and three, but we're just gonna skip two and three all right now add lines one two and three, so we're at seventy six thousand three hundred and fifty okay now most of what you have to do is I mean it tells you on the line what exactly you're supposed to do but yeah but anyway okay so if someone can claim used line five now we are going — always in this class just claim yourself okay, and it says my filing jointly and all that stuff we're just gonna hold off, but it says enter the amount on the worksheet on back all right so here you're going to take your form go to the back and this is a small little equation with itself alright, so I'm out if any from line one well you remember that's how much money you made which was seventy-six thousand three fifty so that will be put right here so seventy-six thousand three fifty now what we're ...