2010
Tax Calculator - Overview
1
Instructions Itemized or Interest & Single
Quick Tax Detailed Tax
You may move from worksheet to worksheet by clicking on the dark blue buttons Standard Dividends Married Filing Jointly
Estimator Calculator
Deduction? Worksheet
located at the top of each worksheet or the blue tabs at the bottom of this workbook. Married Filing Separately
Head of Household
Child Tax W-4 Tax
Enter data in only the white cells with gray borders: $400 1040
Credit Withholding
Worksheet
Use the drop down boxes Single to choose tax filing status. Worksheet Calculator
Quick Tax Estimator
Calculate your Federal Income Tax estimate with just a few keystrokes. The Tax Estimator takes into consideration all the necessary information
and rules as stated on the 2010 tax year 1040 form. Use the drop down box to choose your tax filing status and fill out all the white cells with
your information. If you are planning to take the Standard Deduction (see Itemized or Standard Deduction Calculator), make sure $0 is entered
into the Itemized Deduction cell. Standard Deduction, Exemption and Taxable income figures are calculated for you. Enter in your taxes paid
during 2010 to calculate your payment or refund.
Detailed Tax Calculator
The Detailed Tax Calculator works just like the Quick Tax Estimator but offers all the detailed categories listed on the form 1040.
Use the "Itemized or Standard Deduction Calculator" for further precision and to minimize your tax liability.
1040 Worksheet
The 1040 worksheet will help you double check your math for you so you don't make any costly errors when filling out your official tax form.
Make sure to use the Tax Estimator and the Itemized or Standard Deduction Calculator for the more complex calculations.
-Save a soft copy of all your 1040 tax information for future reference.
-Avoid careless calculation errors
-(Not to be submitted in place of the official IRS 1040 form) Click here to download official form 1040 from www.irs.gov
Itemized or Standard Deduction Calculator
Make sure you are taking the appropriate deduction on your tax form. With this calculator, you'll find out which deduction work's best for you.
As in the Tax Estimator, use the drop down box to choose your tax filing status and fill out only the white cells with your information.
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2010 Quick Tax Estimator
Itemized or Interest & Child Tax W-4 Tax
Quick Tax Detailed Tax 1040
Standard Dividends Credit Withholding Overview
Estimator Calculator Worksheet
Deduction? Worksheet Worksheet Calculator
Quick Tax Estimator
Quick Tax Estimate
Tax Assumptions
W4 worksheet (p2)
Married Filing Jointly $806
Tax filing status Filing Status Over 65 Deduction Chart Standar Deduction
Number of filers over age 65 0 2 Married Filing Jointly 0 Single- 1 $
Tax Estimate 3,694 $5,700 Single
Number of personal exemptions (spouse, yourself) 2 $4,500 1 Single 0 Married Filing Jointly- 2 Taxes Paid $ 4,500 $11,400 Married Filing Jointly
Number of dependent children 1 2 Married Filing Jointly 0 Married Filing Separately- 3 $ 806
(Payment)/Refund $5,700 Married Filing Separately
3 Married Filing Separately 0 Head of Household- 4 $8,400 Head of Household
Gross Annual Income $ 60,000 $3,694 4 Head of Household
Adjustments (click here to view list) $ 3,000
Adjusted Gross Income (AGI) $ 57,000 $0 $1,000 $2,000 $3,000 $4,000 $5,000
Itemized deductions - (enter $0 for standard) $ 10,225 GET ALL UPDATED FROM Pub. 505 2010 tax brackets on page 34
(Payment)/Refund Taxes Paid Tax Estimate
Standard Deduction $ - 2010 Tax Rate Schedules
Exemption Dollars $ 9,900 Federal Single Married Filing Jointly Married Filing Separately Head of Household
Taxable Income $ 36,875 Tax Rate Between 1 Between 2 Between 3 Between 4
Other Credits (child, retirement, etc.) $ 1,000 Results 10% $0 $8,375 $837 $0 $16,750 $1,675 $0 $8,375 $837 $0 $11,950 $1,195
15% $8,375 $34,000 $3,844 $16,750 $68,000 $3,019 $8,375 $34,000 $3,844 $11,950 $45,550 $3,739
Tax Estimate $ 3,694 Tax Estimate $ 3,694 25% $34,000 $82,400 $719 $68,000 $137,300 $0 $34,000 $68,650 $719 $45,550 $117,650 $0
Taxes Paid $ 4,500 Refund $ 806 28% $82,400 $171,850 $0 $137,300 $209,250 $0 $68,650 $104,625 $0 $117,650 $190,550 $0
Refund $ 806 33% $171,850 $373,650 $0 $209,250 $373,650 $0 $104,625 $186,825 $0 $190,550 $373,650 $0
35% $373,650 + $0 $373,650 + $0 $186,825 + $0 $373,650 + $0
$5,400 $4,694 $5,400 $4,934
Adjustments
Educator expenses
IRA deduction
Student loan interest deduction
Tuition and fees deduction
Health savings account deduction. (Form 8889)
Moving expenses.(Form 3903)
One-half of self-employment tax
Self-employed health insurance deduction
Self-employed SEP, SIMPLE, and qualified plans
Penalty on early withdrawal of savings
Alimony paid
Total Adjustment (enter above on "Adjustments" line) $ -
click here to return to top of page
Quick Tax Detailed Tax
Itemized or Interest & Child Tax W-4 Tax
1040
Results
Standard Dividends Credit Withholding Overview
Estimator Calculator Worksheet
Deduction? Worksheet Worksheet Calculator Refund $ 964
Detailed Tax Calculator
Tax Assumptions Adjusted Gross Income (AGI) $ 57,000
Itemized deductions - (enter $0 for standard) $ 10,225
Married Filing Jointly Itemized or Standard Deduction Calculator
Tax filing status
Number of filers over age 65 0 Standard Deduction $ -
Number of personal exemptions (spouse, yourself) 2 Exemption Dollars $ 10,950
Number of dependent children 1 Taxable income $ 35,825
Tax Estimate $ 4,536
Gross Annual Income $ 60,000 Filing Status Over 65 Deduction Chart Standar Deduction
Wages, salaries, tips, etc $ 56,000 Tax Credits $ 1,000 2 Married Filing Jointly 0 Single- 1 Tax Estimate
$ - $5,700 Single
Taxable interest Interest & Dividends Worksheet $ 200 Foreign tax credit 1 Single 0 Married Filing Jointly- 2 Taxes Paid $ - $11,400 Married Filing Jointly
Ordinary dividends $ 800 Credit for child and dependent care expenses 2 Married Filing Jointly 0 Married Filing Separately- 3 (Payment)/Refund
$ - $5,700 Married Filing Separately
Alimony received Credit for the elderly or the disabled 3 Married Filing Separately 0 Head of Household- 4 $8,400 Head of Household
Business income or (loss) Education credits $ 500 4 Head of Household
Capital gain or (loss) $ 3,000 Retirement savings contributions credit $ 500
IRA distributions Child tax credit Child Tax Credit Worksheet
Pensions and annuities Adoption credit
Rental real estate, royalities, partnerships, trusts, etc. Other Credits
Farm income or (loss) 2010 Tax Rate Schedules
Unemployment compensation Other Taxes $ - Federal Single Married Filing Jointly Married Filing Separately Head of Household
Social security benefits Self-employment tax Tax Rate Between 1 Between 2 Between 3 Between 4
Other income Taxes on tip income not reported to employer 10% $0 $8,375 $837 $0 $16,750 $1,675 $0 $8,375 $837 $0 $11,950 $1,195
Additional tax on IRAs, other qualified retirement plans 15% $8,375 $34,000 $3,844 $16,750 $68,000 $2,861 $8,375 $34,000 $3,844 $11,950 $45,550 $3,581
Adjustments $ 3,000 Advance earned income credit payments from Form(s) W-2 25% $34,000 $82,400 $456 $68,000 $137,300 $0 $34,000 $68,650 $456 $45,550 $117,650 $0
Educator expenses Household employment taxes 28% $82,400 $171,850 $0 $137,300 $209,250 $0 $68,650 $104,625 $0 $117,650 $190,550 $0
IRA deduction $ 2,200 33% $171,850 $373,650 $0 $209,250 $373,650 $0 $104,625 $186,825 $0 $190,550 $373,650 $0
Student loan interest deduction $ 800 Total Tax $ 3,536 35% $373,650 + $0 $373,650 + $0 $186,825 + $0 $373,650 + $0
Tuition and fees deduction $5,137 $4,536 $5,137 $4,776
Health savings account deduction. (Form 8889) Payments $ 4,500
Moving expenses.(Form 3903) Federal income tax withheld from Forms W-2 and 1099 $ 4,500 Estimated Tax Worksheet Line 4 - Reduction of Exemption amount
One-half of self-employment tax 2010 estimated tax payments & amount applied from 2009 10950 3650 1 Single ####### ?? Not in 2010 p505
Self-employed health insurance deduction Earned income credit (EIC) $ 57,000 #######
2 Married Filing Jointly ?? Not in 2010 p505
Self-employed SEP, SIMPLE, and qualified plans Excess social security and tier 1 RRTA tax withheld 250200 ####### ??
3 Married Filing Separately Not in 2010 p505
Penalty on early withdrawal of savings Additional child tax credit ####### #######
4 Head of Household ?? Not in 2010 p505
Alimony paid Other Payments (1.6) 122500
(5.00)
Adjusted Gross Income (AGI) $ 57,000 Refund $ 964 (1.7)
4.7
17,033
Itemized or Interest & Child Tax W-4 Tax
Quick Tax Detailed Tax 1040
Standard Dividends Credit Withholding Overview
Estimator Calculator Worksheet
Deduction? Worksheet Worksheet Calculator
Itemized or Standard Deduction?
Estimated Tax Worksheet Line 2 - Standard Deduction Worksheet
Tax Assumptions Itemized vs Standard Deduction $ 1,400 $ 1,100
Married Filing Jointly
Tax filing status $11,600 Additional amount for the elderly
Number of blind filers 0 $11,400 Filing Status or the blind Standar Deduction
$11,400
Number of filers over age 65 0 2 Married Filing Jointly $ 10,225
Itemize Deduction - Single- 1 $5,700 Single
Estimated AGI: (adjusted gross income) $ 57,000 $11,200 1 Single $ 11,400
Standard Deduction - Married Filing Jointly- 2 $11,400 Married Filing Jointly
2 Married Filing Jointly - Married Filing Separately- 3 $5,700 Married Filing Separately
$11,000 - Head of Household- 4
Dental and Medical Expenses 3 Married Filing Separately $8,400 Head of Household
Medical expenses $ 5,000 $10,800 4 Head of Household
Dental expenses $ 160 $10,600
Total $ 5,160 Worksheet 1-2. Deductions and Adjustments Worksheet
$10,400
Deductible Portion $ 885 $10,225 $ 10,225
$10,200
$ 925
Taxes You Paid $ 9,300
$10,000
State and local income taxes $ 1,400 7,440.0
Real estate taxes $ 1,500 $9,800 $ 57,000 166800 ####### $83,400
Personal property taxes $ 1,000 $9,600 #######
Other taxes $ - (3,294.00)
Itemize Deduction Standard Deduction
Total $ 3,900 (3,294.00)
(2,196.00)
Interest (Paid/Received) #######
Home mortgage interest and points $ 2,900
Results
Investment interest and dividends received $ 40 11323
Investment interest you paid $ - Itemized or Standard Deduction? Standard
Total $ 2,940 Itemize $ 10,225
Charitable Contributions Standard $ 11,400 If your AGI is over $159,950 (over $79,975 if married filing separately), then your deduction may be limited. See the Itemized Deductions Worksheet on page B-1 of the 2006 Instructions for Schedules A & B for information on how the IRS (and this calculator) limits your deduction.
Cash contributions $ 1,000
"In-kind" contributions $ - Back to Detailed Tax Calculator
"Carryover" contributions $ 1,000
Total $ 2,000
Casualty and Theft Losses
Job Expenses and Most Other Miscellaneous
Unreimbursed employee expenses $ 500
Tax preparation fees
Investment expenses
Safe deposit box expenses
Deductible Portion $ -
Other Miscellaneous
Gambling losses
Other $ 500
Total Itemized Deductions $ 10,225
Itemized or Interest & Child Tax W-4 Tax
Quick Tax Detailed Tax 1040
Standard Dividends Credit Withholding Overview
Estimator Calculator Worksheet
Deduction? Worksheet Worksheet Calculator
Schedule B—Interest and Ordinary Dividends
Part I - Interest Interest and Ordinary Dividends
$1,800
Name of payer Amount
Citibank Savings Interest $ 77.00 $1,600
Bank of America Savings Interest $ 58.00 $1,550
$1,400
Citibank CD Interest $ 555.00
New York City Muni Bond $ 150.00 $1,200
$1,000
$800
$600
Total Interest $ 840.00 $400 $840
Excludable interest (on series EE and I U.S. savings bonds issued after 1989.
$200
Taxable Interest $ 840.00
$0
Part II - Ordinary Dividends
Taxable Interest Total Ordinary Dividends
Name of payer Amount
MSFT $ 700.00
GM $ 300.00
ATT $ 250.00
MO $ 200.00
IBM $ 100.00
Total Ordinary Dividends See Part III $ 1,550.00
Part III - Foreign Accounts and Trusts
Foreign Accounts
If at any time during 2008, you had an interest in or a signature or other authority over a financial account in
a foreign country, such as a bank account, securities account, or other financial account, see page B-2 for
exceptions and filing requirements for Form TD F 90-22.1
Foreign Trusts
During 2008, if you received a distribution from, or were the grantor of, or transferor to, a foreign trust, then
you may have to file Form 3520. See page B-2
Itemized or Interest & Child Tax W-4 Tax
Quick Tax Detailed Tax 1040
Standard Dividends Credit Withholding Overview
Estimator Calculator Worksheet
Deduction? Worksheet Worksheet Calculator
Child Tax Credit Worksheet
Working Families Tax Relief Act of 2004 (HR1308)
Tax Credit Assumptions
Child Tax Credit. The child tax credit remains $1,000 per child through 2010.
To be a qualifying child for the child tax credit, the child must be under age 17 at the end of 2010
Number of qualifying children 1
Number of qualifying children x $1,000 $ 1,000
Form 1040, line 45 (Tax plus Alternative minimum tax) $ 4,500
Form 1040, line 46 (Foreign tax credit) $ -
Form 1040, line 47 (Credit for child and dependent care expenses - Form 2441) $ 500
Form 1040, line 48 (Credit for the elderly or the disabled - Schedule R) $ 1,500
Form 1040, line 49 (Education credits - Form 8863)
Form 1040, line 50 (Retirement savings contributions credit - Form 8880) $ 2,000
Sum of Line 46-50 $ 4,000
This is your Child Tax Credit $ 500
You may be able to take the additional child tax credit. See Form 8812.
Part III - Foreign Accounts and Trusts
Itemized or Interest & Child Tax W-4 Tax
Quick Tax Detailed Tax 1040 Single Married
Standard Dividends Credit Withholding Overview
Estimator Calculator Worksheet
Deduction? Worksheet Worksheet Calculator 1400 1100
Filing Status Over 65 Deduction Exemption Count Standar Deduction
2 Married Filing Jointly 0 Single- 1 Single 1 1 $5,700 Single
Tax Withholding (Form W-4) Calculator
1 Single 2200 Married Filing Jointly- 2 Married Filing Jointly 2 $11,400 Married Filing Jointly
2 Married Filing Jointly 0 Married Filing Separately- 3 Married Filing Separately 3 $5,700 Married Filing Separately
Personal Allowances
3 Married Filing Separately 0 Head of Household- 4 Head of Household 4 $8,400 Head of Household
Married Filing Jointly
Tax filing status 2 4 Head of Household
Enter number of dependents (other than your spouse or yourself) 1
Total number of jobs in which you and your spouse are currently employed 2
Wages from Job #1 $ 40,000
Wages from Job #2 $ 20,000
Results
Total Annual Income $ 60,000
Personal Allowances 3 Enter on Form 4-W, line 5 (Total Allowances) 3 Personal Allowances: 2 From W-4 Personal Allowance Worksheet
# of Jobs > 1 2 3 Child or dependent care expenses:
Deductions, Adjustments & Credits
1 Single 2 1 1 2
Estimated Itemized Deductions. Itemized Deduction Worksheet $ 10,225 2 Married Filing Jointly 3 2 2 Single 61000 84000 90000
Standard Deduction $ 11,400 3 Married Filing Separately 3 2 2 Married 90000 119000 90000 119000
Itemized Deductions less Standard Deduction $ - 4 Head of Household 2 2 2
Adjustments to Income click to view complete list $ 3,000
Tax Credits click to view complete list $ 1,500 x 6.7 = $ 10,050
Estimate of your nonwage income (such as dividends or interest) $ 1,555
Deductions, Adjustments & Credits $ 11,495
Deduction, Adjustment & Credit Allowances (previous line divided by $3,500) 3
Results
Two-Earner/ Two-Job Allowance adjustment -3
Total Allowances - Enter on Form 4-W, line 5 3
26
Post-Adjustment Allowances (from above): 6
Table 1 Reference: Two-Earner/Two-Job (Form W-4) 3
Table 1: Two-Earner/Two-Job Worksheet Table 2: Two-Earner/Two-Job Worksheet
MFJ Others MFJ Others
Highest 40000 3 3 500 830
Lowest 20000
Married Filing Jointly All Others Married Filing Jointly All Others
Lowest paying job Lowest paying job 1 0 60000 500 0 0 30000 500
0 - 4,500 0 0 - 6,000 0 0 60001 115000 830 1 30001 75000 830
Adjustments to Income 0 4,501 9,000 1 0 6,001 12,000 1 0 115001 165000 920 0 75001 145000 920
Educator expenses 0 9,001 18,000 2 0 12,001 19,000 2 0 165001 290000 1090 0 145001 330000 1090
IRA deduction 1 18,001 3 1 19,001 26,000 3 0 290001 1160 0 330001 1160
Student loan interest deduction 0 26,001 35,000 4
Tuition and fees deduction 0 - 4,500 0 0 35,001 50,000 5
Health savings account deduction. (Form 8889) 0 4,001 9,000 1 0 50,001 65,000 6
Moving expenses.(Form 3903) 0 9,001 18,000 2 0 65,001 80,000 7
One-half of self-employment tax 0 18,001 22,000 3 0 80,001 90,000 8
Self-employed health insurance deduction 0 22,001 26,000 4 0 90,001 120,000 9
Self-employed SEP, SIMPLE, and qualified plans 0 26,001 32,000 5 0 120,001 - 10
Penalty on early withdrawal of savings 0 32,001 38,000 6
Alimony paid 0 38,001 46,000 7
0 46,001 55,000 8
Total Adjustment (enter above on "Adjustments" line) $ - 0 55,001 60,000 9
click here to return to Deductions, Adjustments & Credits 0 60,001 65,000 10
0 65,001 75,000 11
0 75,001 95,000 12
0 95,001 105,000 13
0 105,001 120,000 14
0 120,001 15
Tax Credits
Foreign tax credit
Credit for child and dependent care expenses
Credit for the elderly or the disabled Table 1: Credit conversion Table - Worksheet 7 pub. 919
Education credits
Retirement savings contributions credit Multiplier 6.7
Child tax credit
Adoption credit MFJ Head of Household Single MFS
Mortgage interest credit, Est Wages 6.7 Est Wages 4.0 Est Wages 4.0 Est Wages 4.0
Earned income credit 0 - 33,000 10.0 0 - 24,000 10.0 0 - 15,000 10.0 0 - 15,000 10.0
Prior year alternative minimum tax 1 33,001 77,000 6.7 0 24,001 52,000 6.7 0 15,001 37,000 6.7 0 15,001 37,000 6.7
Other Credits 0 77,001 136,000 4.0 1 52,001 114,000 4.0 1 37,001 78,000 4.0 1 37,001 67,000 4.0
0 136,001 198,000 3.6 0 114,001 176,000 3.6 0 78,001 155,000 3.6 0 67,001 97,000 3.6
Total Tax Credits (enter above on "Tax Credits" line) $ - 0 198,001 338,000 3.0 0 176,001 332,000 3.0 0 155,001 327,000 3.0 0 97,001 168,000 3.0
click here to return to Deductions, Adjustments & Credits 0 338,001 2.9 0 332,001 2.9 0 327,001 2.9 0 168,001 2.9
Itemized or Interest & Child Tax W-4 Tax
Quick Tax Detailed Tax
Standard Dividends Credit Withholding
1040
Overview Click here to download official form 1040 from www.irs.g
Estimator Calculator Worksheet
Deduction? Worksheet Worksheet Calculator
At the time of this worksheet's release, the IRS had not released the official 1040 form. Please
1040 Tax Form Worksheet use this worksheet as a guide, not as an official document.
Department of the Treasury---Internal Revenue Service
Form
1040 U.S. Individual Income Tax Return 2010 (99) IRS Use Only –- Do Not Write Or Staple in This Space
For the year Jan. 1--Dec. 31, 2010, or other tax year beginning 2010 ,ending .20 OMB No. 1545-0074
Label LA
Your first name and initial Last name Your social security number
(See instructions BE
L
on page 12.) If joint return, spouses's name and initial Last name Spouse's social security number
Use the IRS label. HE Home address (number & street). If you have a PO box, see pg.16. Apt. no. Important!
RE
You must enter
Otherwise, please City, town or post office, state and ZIP code. If you have a foreign address, see page 16.
your SSN(s) above.
print or type.
Presidential
You Spouse
Election Campaign (See Note: Checking "Yes" will not change your tax or reduce your refund.
page 16.) Do you, or your spouse if filing a joint return, want $3 to go to this fund? . . . . . . u Yes No Yes No
Filing Status 1 Single 4 Head of household (with qualifying person). (See page 17.) If the 0
qualifying person is a child but not your dependent, enter this child’s
2 Married filing joint return (even if only one had income) 0
name here. u
Check only one 3 Married filing separately. Enter spouse's SSN above and 0
box. full name here. u 5 Qualifying widow(er) with dependent child (See page 17.)
Boxes checked on
6a Yourself. If someone can claim you as a dependent, do not check box 6a . . . . . . . . 6a and 6b. 0
Exemptions b Spouse . . . . . . . . . . . . . . . . . . . . . . . . . . No. of your children
c Dependents: (2) Dependent's (3) Dependent's (4) if qualifying on 6c who:
social security relationship to child for child tax lived with you
(1) First name Last name number you credit (See page 15) did not live with
you due to divorce or
If more than four separation (see page
dependents, see page 18)
15. Depenedents on 6c
not entered above
Add numbers on
d Total number of exemptions claimed . . . . . . . . . . . . . . . . . . lines above u 0
7 Wages, salaries, tips, etc. Attach Form(s) W-2. . . . . . . . . . . . . . .7. .$ . . . -
Income 8 a Taxable interest. Attach Schedule B if required . . . . . . . . . . . . . . 8a . .$ . . . -
b Tax-exempt interest. Do not include on line 8a . . . . . . 8b . $.
. . . . -. . . . . . .
9 a Ordinary dividends. Attach Schedule B if required. . . . . . . . .
. .. . . . .
. . . . . .. . . .. .. . .. .. . ..9a.. . .. $ . . . -
Attach Form(s) W- b Qualified dividends (see page 20) . . . . . . . . 9b $ -
2 here. Also
10 Taxable refunds, credits, or offsets of state and local income taxes (see page 20) . . . . . . . 10 $ -
attach Forms W-
2G and 1099-R if 11 Alimony received . . . . . . . . . . . . . . . . . . . . . . . 11 $ -
tax was withheld. 12 Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . . . . . . .12 . .$ . . . -
13 Capital gain or (loss). Attach Schedule D if required. If not required, check here u 13 $ -
14 Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . .
. . . . 14 . $. . . . . -.
15 a IRA distributions . . 15a $ - b Taxable amount (see pg. 22) 15b $ -
16 a Pensions and annuities 16a $ - b Taxable amount (see pg. 22) 16b $ -
Enclose, but do 17 Rental real estate, royalities, partnerships, S corporations, trusts, etc. Attach Schedule E. 17 $ -
not attach, any
18 Farm income or (loss). Attach Schedule F . . . . . . . . . . . . . . . 18 $ -
payment. Also
please use Form 19 Unemployment compensation . . . . . . . . . . . . . . . . . . 19 $ -
1040-V. 20 a Social security benefits 20a $ - b Taxable amount (see page 24) 20b $ -
21 Other income. List type and amount (see page 24). 21 $ -
22 Add the amounts in the far right column for lines 7 through 21. This is your total income u 22 $ -
23 Educator expenses (see page 26). . . . . . . . . 23 $ -
Adjusted 24 Certain business expenses of reservists, performing artists, and
Gross fee-basis government officials. Attach Form 2106 or 2106-EZ 24 $ -
Income 25 IRA deduction (see page 26) . . . . . . . . . . 25 $ -
26 Student loan interest deduction (see page 28) . . . . . 26 $ -
27 Tuition and fees deduction (see page 29) . . . . . . . 27 $ -
28 Health savings account deduction. Attach Form 8889 28 $ -
29 Moving expenses. Attach Form 3903 . . . . . . . . 29 $ -
30 One-half of self-employment tax. Attach Schedule SE . . . . 30 $ -
31 Self-employed health insurance deduction (see page 30) . . 31 $ -
32 Self-employed SEP, SIMPLE, and qualified plans . . . . . 32 $ -
33 Penalty on early withdrawal of savings . . . . . . . . 33 $ -
34 a Alimony paid b Recipient's SSN u 34a $ -
35 Add lines 23 through 34a . . . . . . . . . . . . . . . . . . . . 35 $ -
36 Subtract line 35 from line 22. This is your adjusted gross income . . . . . . . . u . .36 . .$ . -
For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see page 75. Cat. No. 11320B Form 1040 (2010)
Form 1040 (2010) Page 2
Tax and 37 Amount from line 36 (adjusted gross income) 37 $ -
Credits 38 a Check You were born before January 2, 1946 Blind Total boxes
0
Standard if: Spouse was born before January 2, 1946 Blind checked u 38a
Deduction
for --- b If your spouse itemizes on a separate return or you were a dual-status alien, see page 31 and check here 38b
People who 39 Itemized deductions (from Schedule A) or your standard deduction (see left margin) . . . . 39 $ -
checked any box
on line 38a or 38b
40 Subtract line 39 from line 37 . . . . . . . . . . . . . . . . . . . . 40. . $ . -
or who can be 41 If line 37 is $125,100 or less, multiply $3,650 by the total number of exemptions claimed on
claimed as a line 6d. If line 37 is over $125,100, see the worksheet on page 33. . . . . . . . . . .41 . . $ . . . . .- . . . . .
dependent, see 42 Taxable income. Subtract line 41 from line 40. If line 41 is more than line 40, enter -0- . . . . 42 $ -
page 31.
43 Tax (see page 33). Check if any tax from: a Form(s) 8814 b Form 4972 . . . . . 43 $ -
All others: 44 Alternative minimum tax (see page 35). Attach Form 6251. . . . . . . . . . . . . 44 . $ . . . . . . -. . .
45 Add lines 43 and 44 . . . . . . . . . . . . . . . . . . . . . u . 45 . $ . . -
Single or Married
46 .
Foreign tax credit. Attach Form 1116 if required . . . . . . . 46 . $ . . . . - . . . .
filing separately,
$5,700 47 Credit for child and dependent care expenses. Attach Form 2441 47 $ -
48 Credit for the elderly or the disabled. Attach Schedule R .
. . . . 48 . .$ . . . . -. . . . . . . . . . . . . . .
Married filing jointly 49 Education credits. Attach Form 8863 . . . . . . . . . . 49 . $ . . . . . . -. . . . . . . . . . . . . . .
or Qualifying
50 Retirement savings contributions credit. Attach Form 8880 . . . . .50 $ -
widow(er):
$11,400 51 Child tax credit (see page 37) . . . . . . . . . . . . 51 . $ . -
52 Adoption credit. Attach Form 8839 . . . . . . . . . . 52 . $ . -
53 Credits: a Form 8396 b Form 8859 . . . . . .53 . . $ . . . . .- . . . . . . . . . . . . . .
Head of 54 Other credits. Check applicable box(es): a Form 3800
Household:
$8,400
b Form 8801 c Specify . . . . 54 $ -
55 Add lines 46 through 54. These are your total credits . . . . . . . . . . . u . . 55. . $ . . . . . - .
56 Subtract line 55 from line 45. If line 55 is more than line 45, enter -0 - . . . . . . . . . . . . . . . . -. .
56 $ . . . .
57 Self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . . . . 57 . $. . . . . - . .
Other 58 Social security and Medicare tax on tip income not reported to employer. Attach Form 4137 . . . 58 $ -
Taxes 59 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required . . . . . . 59 . . $ . -
60 Advance earned income credit payments from Form(s) W-2 . . . . . . . . . . . . .60 . .$ . . . . -
61 Household employment taxes. Attach Schedule H . . . . . . . . . . . . . . . .61 . .$ . . -
62 Add lines 56 through 61. This is your total tax . . . . . . . . . . . . . u. . 62. . $ . . . -
Payments 63 Federal income tax withheld from Forms W-2 and 1099 63 $ -
64 2010 estimated tax payments and amount applied from 2009 return 64 $ -
If you have a
qualifying child, 65 a Earned income credit (EIC) . . . . . . . . . . . .65a. . $. -
attach Schedule b Nontaxable combat pay election 65b $ -
EIC.
66 Excess social security and tier 1 RRTA tax withheld (see pg 54) 66 $ -
67 Additional child tax credit. Attach form 8812. 67 $ -
68 Amount paid with request for extension to file (see page 54) 68 $ -
69 Other payments from : a Form 2439 b Form 4136 c Form 8885 69 $ -
70 Add lines 63, 64, 65a, and 66 through 69. These are your total payments . . . .u 70 $ -
Refund 71 If line 70 is more than line 62, subtract line 62 from line 70. This is the amount you overpaid 71 $ -
Direct deposit? 72 a Amount of line 71 you want refunded to you . . . . . . . . . . . . . .
. . u . 72a $ -
See page 54 and u b Routing number u c Type: Checking Savings
fill in 72b, 72c and u d Account number
72d
73 Amount of line 71 you want applied to your 2010 estimated tax 73 $ -
Amount 74 Amount you owe. Subtract line 70 from line 62. For details on how to pay, see page 55. u 74 $ -
You Owe 75 Estimated tax penalty (see page 55) . . . . . . . . . . 75 . .$ . . . .- . . . . . . . . . . . . . . . .
Do you want to allow another person to discuss this return with the IRS (see page 56)? Yes. Complete the following. No.
Third Party
Designee's Phone Personal Identification
Designee name u no. u number. (PIN) u
Sign Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and
Here belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Joint return? See Your signature Date Your occupation Daytime phone number
page 17.
Keep a copy for
your records. Spouse’s signature. If a joint return, both must sign. Date Spouse's occupation
Paid Preparer's Date Preparer’s SSN or PTIN
Check if Self-
Preparer's signature employed
Firm's name (or yours if self
Use Only employed) address, and ZIP
EIN
code Phone no.
Form 1040 (2010)
rm 1040 from www.irs.gov
TRUE
FALSE FALSE FALSE FALSE
FALSE FALSE
FALSE FALSE
FALSE
FALSE
FALSE
FALSE
FALSE
FALSE
FALSE
TRUE
0 (2010)
FALSE FALSE Standar Deduction
FALSE FALSE 1 $5,700 Single
2 $11,400 Married Filing Jointly
3 $5,700 Married Filing Separately
4 $8,400 Head of Household
$3,650
Single $166,800
$250,200
Married Filing Jointly
$125,100
Married Filing Separately
$208,500
Head of Household
FALSE
FALSE
FALSE
FALSE
FALSE