Using the Form W-2 and 1099-INT information below, fill ...



PROBLEM #1

Using the Form W-2 and 1099-INT information below, fill out the 1040EZ form provided.

Darcie L. Brennan is 20 years old, single, and cannot be claimed as a dependent on another person’s return. She works as a sales clerk and wants $3 to go to the Presidential Campaign Fund.

W-2 information

Darcie L. Brennan

2244 Vine Street, Lincoln, NE 68586

Social Security Number 987-00-2080

ABC Stores

2001 Bent Road, Lincoln, NE 68506

Employer ID Number: 10-0001234

Wages: $10, 750

Federal income tax withheld: $645

Social Security Wages $10,750

Social Security tax withheld: $519.38

Medicare wages and tips $10,750

Form 1099-INT Information:

Town Bank, 5 State Street, Lincoln NE 68528

Interest income: $135

Darcie cannot take the Earned Income Tax Credit (EIC). She must be at least age 25 to qualify for the EIC.

PROBLEM #2

Using the Form W-2 and 1099-INT information below, fill out the 1040EZ form provided.

Lynette is 17 years old, single, and can be claimed as a dependent on another person’s return. She works as a cashier and wants $3 to go to the Presidential Campaign Fund.

W-2 Information

Lynette Myer

601 Turnbolt Street, Robin, MI 48200

Social Security Number 879-01-2405

XYZ Stores

2635 N. 63rd Street, Lincoln, NE 68507

Employer ID Number: 10-1234000

Wages: $2,990

Federal income tax withheld: $300

Social Security Wages $2,900

Social Security tax withheld: $219.50

Medicare wages and tips: $2,900

Medicare tax withheld: $209.00

Form 1099-INT Information:

Town Bank, 5 State Street, Robin, MI 48200

Interest income: $30

On line 8a enter “No” to the right of the word “below”: and leave the boxes blank. Susan cannot take the Earned Income Tax Credit (EIC). She must be at least age 25 to qualify for the EIC.

PROBLEM #3

Using the Form W-2 and 1099-INT information below, fill out the 1040EZ form provided.

Jessica is 22 years old, single, and can not be claimed as a dependent on another person's return. She started to work in July as a school secretary and wants $3 to support the Presidential Election Campaign Fund.

W-2 information

Jessica Radler

715 North 45 Street, Apt. 18 Lincoln, NE 68503

Social Security Number 508-66-9767

Lincoln Public Schools

5901 O Street Lincoln, NE 68506

Employer ID Number: 10-78228752

Wages: $15,420

Federal income tax withheld: $721

Social Security Wages $15,420

Social Security tax withheld: $519.38

Medicare wages and tips $15,420

Form 1099-INT Information:

City Bank, 225 State Street, Lincoln NE 68528

Interest income: $40

Stacy cannot take the Earned Income Tax Credit (EIC). She must be at least age 25 to qualify for the EIC.

PROBLEM #4

Using the Form W-2 and 1099-INT information below, fill out the 1040EZ form provided.

Martin Allgood works as Super Saver collecting carts and as a cashier. Martin is single and is claimed as a dependent on his parents' return. He likes politics but chooses not to contribute to the presidential campaign fund.

W-2 information

Martin Allgood

7860 Colby Street Lincoln, NE 68507

Social Security Number 540-72-4321

Food Mart

2001 Zipper Street, Lincoln, NE 68506

Employer ID Number: 10-12330001

Wages: $6,525

Federal income tax withheld: $246

Social Security Wages $6,525

Social Security tax withheld: $308.75

Medicare wages and tips $6,525

Form 1099-INT Information:

Interest income: $0

Martin cannot take the Earned Income Tax Credit (EIC). H must be at least age 25 to qualify for the EIC.

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