{"id":1446,"date":"2016-02-03T12:06:09","date_gmt":"2016-02-03T20:06:09","guid":{"rendered":"http:\/\/blog.huddlestontaxcpas.com\/?p=1446"},"modified":"2016-02-03T12:06:09","modified_gmt":"2016-02-03T20:06:09","slug":"an-overview-of-form-1040ez","status":"publish","type":"post","link":"https:\/\/huddlestontaxcpas.com\/blog\/an-overview-of-form-1040ez\/","title":{"rendered":"An Overview of Form 1040EZ"},"content":{"rendered":"<p>Form 1040EZ is just one of many IRS forms you may come across. It\u2019s a type of statement designed to report how much you\u2019ve earned to the IRS. If this form is brand new to you, we are going to introduce you to the main facts.<a href=\"http:\/\/blog.huddlestontaxcpas.com\/wp-content\/uploads\/2016\/02\/1040EZ.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1447 alignright\" src=\"http:\/\/blog.huddlestontaxcpas.com\/wp-content\/uploads\/2016\/02\/1040EZ-300x199.jpg\" alt=\"1040EZ\" width=\"300\" height=\"199\" \/><\/a><\/p>\n<p><strong>The Simplest Form<\/strong><\/p>\n<p>This is the easiest and fastest form to file with. It\u2019s one of three income statements you can use to submit your income. You can only include salary, taxable interest, tips, and wages on this form. If you have anything else and you will have to use a different form.<\/p>\n<p><strong>Payments and Credits<\/strong><\/p>\n<p>The next section involves you looking into whether you are claiming working tax credits, or any other benefits. You will write down anything that\u2019s withheld and combine it with the W-2 form you should have received. This information is used to calculate whether you are entitled to a tax refund or not. However, keep in mind that this form has limits regarding the type of credits that you can claim.<\/p>\n<p><strong>The Signature<\/strong><\/p>\n<p>It\u2019s alarming how many tax returns are sent to the IRS without being signed. It\u2019s vital that you sign it because if you don\u2019t the form is considered invalid. If you\u2019re filing jointly, your spouse must sign the form as well.<\/p>\n<p><strong>Do You Need a Tax Preparer?<\/strong><\/p>\n<p>Despite this being the simplest form, it\u2019s still a complex document and can be difficult to fill out correctly, especially if you have minimal experience. It\u2019s always worth consulting with a tax professional to receive a level of help proportionate to your current tax situation.<\/p>\n<p>Spend your time researching various tax professionals in your area to see which one is best for you.<\/p>\n<p>Image credit: <a href=\"https:\/\/www.flickr.com\/photos\/besnette\/\">David Besnette<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Form 1040EZ is just one of many IRS forms you may come across. It\u2019s a type of statement designed to report how much you\u2019ve earned to the IRS. If this form is brand new to you, we are going to introduce you to the main facts. The Simplest Form This is the easiest and fastest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[21],"tags":[],"class_list":{"0":"post-1446","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-filing-taxes-tax-returns","7":"entry"},"_links":{"self":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts\/1446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/comments?post=1446"}],"version-history":[{"count":0,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts\/1446\/revisions"}],"wp:attachment":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/media?parent=1446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/categories?post=1446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/tags?post=1446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}