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Tax Accounting 1 Essay

1622 words - 7 pages

1040

Form

Department of the Treasury—Internal Revenue Service

U.S. Individual Income Tax Return
Last name

(99)

2012
, 2012, ending

OMB No. 1545-0074 , 20

IRS Use Only—Do not write or staple in this space.

For the year Jan. 1–Dec. 31, 2012, or other tax year beginning Your first name and initial

See separate instructions.
Your social security number

George T.

If a joint return, spouse’s first name and initial

Jones

Last name Apt. no.

4 0 0 0 0 1 0 3 1

Spouse’s social security number

Tammy B.

Home address (number and street). If you have a P.O. box, see instructions. City, town or post office, state, and ZIP code. If you have a foreign ...view middle of the document...

of children on 6c who: • lived with you
• did not live with you due to divorce or separation (see instructions) Dependents on 6c not entered above

2 3

If more than four dependents, see instructions and check here ▶

Tommy Jones 2 2 4 3 Sharon Jones 2 4 4 4 Alice Jones 2 4 3 8 Marsha Reed 2 2 2 4 d Total number of exemptions claimed
7 8a b 9a b 10 11 12 13 14 15a 16a 17 18 19 20a 21 22 23 24 25 26 27 28 29 30 31a 32 33 34 35 36 37

3 4 8 4 .

4 4 5 5 7 7 6 6 .

5 6 8 6 .

5 6 8 6 .

Son Daughter Daughter Parent . . . .
. . . . . . . . . . . . 8b . .

1
6

. . . .

. . . . . .

. . . . . .

. . . .

. . . .

. . . .

. . . .

.

. 7 8a 9a 10 11 12 13 14 15b 16b 17 18 19 20b 21 22

Add numbers on lines above ▶

Income
Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld.

Wages, salaries, tips, etc. Attach Form(s) W-2 . Taxable interest. Attach Schedule B if required . Tax-exempt interest. Do not include on line 8a . Ordinary dividends. Attach Schedule B if required

65,000 2,500 9,000

Qualified dividends . . . . . . . . . . . 9b Taxable refunds, credits, or offsets of state and local income taxes Alimony received . . . . . . . . . . . . . . .

9,000 . . . . . . . .
. .

If you did not get a W-2, see instructions. Enclose, but do not attach, any payment. Also, please use Form 1040-V.

Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . Capital gain or (loss). Attach Schedule D if required. If not required, check here ▶ Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . .

220,250 -3,000

IRA distributions . 15a b Taxable amount . . . Pensions and annuities 16a b Taxable amount . . . Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E Farm income or (loss). Attach Schedule F . Unemployment compensation . . . . Social security benefits 20a . . . . . . . . . . . . . . . . . . . . b Taxable amount . . . . . . . . .

20,000

Other income. List type and amount Combine the amounts in the far right column for lines 7 through 21. This is your total income Educator expenses . . . . . . . . . . 23 24 25 26 27 28 29 30 31a 32 33 34 . . . . . . . . . .
8,675

313,750

Adjusted Gross Income

Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 or 2106-EZ Health savings account deduction. Attach Form 8889 . Moving expenses. Attach Form 3903 . . . . . . Deductible part of self-employment tax. Attach Schedule SE . Self-employed SEP, SIMPLE, and qualified plans . . Self-employed health insurance deduction Penalty on early withdrawal of savings . . Alimony paid b Recipient’s SSN ▶ IRA deduction . . . . . . . Student loan interest deduction . . Tuition and fees. Attach Form 8917 . . . . . . . . . . . . . . . . . . . . . . . . . . .

Domestic production activities deduction. Attach Form 8903 35 Add lines 23 through 35 . . . . . . ....

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