Income Tax Return Project 1. Calculate your annual salary based upon working 20 hours per week and your hourly rate. The hourly rate will be determined by a job the only requires a High School diploma. Research the company real entry level wages and complete the W2 and 1040 forms. 2. Complete the W2 and 1040 forms based working full time (40 hours) instead of part time. 3. Complete the W2 and 1040 forms working an entry level bookkeeper full time (40 hours)