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I found my 1040 tax just today from four years ago and I just wanna know and understand what are this number saying as I
I found my 1040 tax just today from four years ago and I just wanna know and understand what are this number saying as I forgot, and want to compare from my last year so please help me understand the numbers
$636????
$317????
Well give you a thumbs up if you help me understand it clearly
just exain then
o 6 4.500. 4,182. 12,000. 7. 0. 0. 9 10 11 0. 11 DD 12 2a b Taxable interest 3b Qualified dividends 3a b Ordinary dividends 4b 4a IRAS, pensions, and annuites 4a b Taxable amount 5a 5b Social security benefits 5a b Taxable amount 6 Total income. Add lines 1 through 5. Add any amount from Schedule 1. line 22 4,500. 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line 6; otherwise, subtract Schedule 1, line 36, from line 6 8 Standard deduction or itemized deductions from Schedule A! 8 9 Qualified business income deduction (see instructions) 10 Taxable income. Subtract lines 8 and 9 from line 7.f zero or less, enter-O- a Tax (see Inst.) 0. (check it any from 1 Forms) 8814 2 Form 4972 3 b Add any amount from Schedule 2 and check here 12 a Child tax credit credit for other dependents 13 b Add any amount from Schedule 3 and check here Subtract line 12 from line 11. If zero or less, enter- 13 114 Other taxes. Attach Schedule 4. 115 Total tax. Add Ines 13 and 14 16 Federal income tax withheld from Forms W-2 and 1099 17 Refundable credits: a El (soe inst) 319. b Sch. 8812 c Form 8863 Add any amount from Schedule 5 17 18 Add lines 16 and 17. These are your total payments 18 19 M line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpaid. 19 200 Amount of line 19 you want refunded to you. I Form 8888 is attached, check here 20a Routing number x x x x x x x x x c Type: checking Savings d Account number X X X X X X X X X X X X X X X X X 21 Amount of line 19 you want applied to your 2010 estimated tax 21 22 Amount you owe. Subtract line 18 from line 15. For details on how to pay, see instructions 22 23 Estimated tax penalty (see instructions) 23 ov/Form 1040 for instructions and the latest information BAA REVOV1V19 PRO 0. 636. 636. 14 15 16 319. 319. 317. Forn 1040 (2010) which is better to buy a house in the future!
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