Useful tips

What to write on Form 1040A for 2014?

What to write on Form 1040A for 2014?

2014 Form 1040A Form 1040A U.S. Individual Income Tax Return 2014 Department of the Treasury—Internal Revenue Service (99) IRS Use Only—Do not write or staple in this space. Your first name and initial Last name OMB No. 1545-0074 Your social security number If a joint return, spouse’s first name and initial Last name

What was the maximum earned income tax credit for 2014?

Earned Income Tax Credit (EITC). For 2014, the maximum EITC amount available is $3,304 for taxpayers filing jointly with one child; $5,460 for two children; $6,143 for three or more children and $496 for no children.

What was the personal exemption amount for 2014?

The limitations were brought back in 2013 at the original thresholds, indexed for inflation. The result of those changes is basically an increase in the top marginal tax rates. Personal Exemptions. The personal exemption amount is $3,950 in 2014, up from $3,900 in 2013.

What are the income limits for itemized deductions for 2014?

The limitation for itemized deductions – the Pease limitations, named after former Rep. Don Pease (D-OH) – claimed on individual returns for tax year 2014 will begin with incomes of $254,200 or more ($305,050 for married couples filing jointly).

What are the instructions for the 1040-EZ?

Instructions for Form 1040-EZ, Income Tax Return for Single and Joint Filers With No Dependents

Do you have to file a tax form for 2014?

You must file federal Form 1040 for 2014 under these circumstances: Failed the Form 1040EZ and Form 1040A requirements. Taxable income of $100,000 or more. Itemized deductions, interest, property tax, medical, dental, etc. Capital gain or loss, other gains or losses.

Where to find Social Security number on 2014 Form 1040EZ?

2014 Form 1040EZ Form 1040EZ Department of the Treasury—Internal Revenue Service Income Tax Return for Single and Joint Filers With No Dependents (99) 2014 OMB No. 1545-0074 Your first name and initial Last name Your social security number If a joint return, spouse’s first name and initial Last name Spouse’s social security number

What are the instructions for Form 1040 SR?

Instructions for Schedule C (Form 1040 or Form 1040-SR), Profit or Loss From Business (Sole Proprietorship) Instructions for Schedule D (Form 1040 or Form 1040-SR), Capital Gains and Losses