Publication 517 |
2008 Tax Year |
Form 1040 (2007) Page 2. Summary: This is an example of Form 1040 (2007), page 2, with items included as described in the text. Additionally, these
line items are
completed:
Under
“Tax and Credits”:
|
“38. Amount from line 37 (adjusted gross income)” field contains 35,296
|
“40. Itemized deductions (from Schedule A) or your standard deduction (see left margin)” field contains 12,586
|
“41. Subtract line 40 from line 38” field contains 22,710
|
“42. If line 38 is $117,300 or less multiply $3,400 by the total number of exemptions claimed on line 6d.” field contains
10,200
|
“43. Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41, enter 0” field contains 12,510
|
“44. Tax (see page 33).” field contains 1,253
|
“46. Add lines 44 and 45” field contains 1,253
|
“52. Child tax credit (see page 39).” field contains 1,000
|
“56. Add lines 47 through 55. These are your total credits” field contains 1,000
|
“57. Subtract line 56 from line 46. If line 56 is more than line 46, enter 0” field contains 253
|
|
Under
“Other Taxes”:
|
“58. Self-employment tax. Attach Schedule SE” field contains 6,223
|
“63. Add lines 57 through 62. This is your total tax” field contains 6,476
|
|
Under
“Payments”:
|
“64. Federal income tax withheld from Forms W-2 and 1099” field contains 272
|
“65. 2007 estimated tax payments and amount applied from 2006 return” field contains 8,400
|
“72. Add lines 64, 65, 66a, and 67 through 71. These are your total payments” field contains 8,672
|
|
Under
“Refund”:
|
“73. If line 72 is more than line 63, subtract line 63 from line 72. This is the amount you overpaid” field contains 2,196
|
“75. Amount of line 73 you want applied to your 2008 estimated tax” field contains 2,196
|
|
Under
“Third Party Designee”:
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“Do you want to allow another person to discuss this return with the IRS?” No checkbox is checked.
|
Under
“Sign Here”:
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“Your signature” field contains John E. Michaels
|
“Date” field contains 3/1/2008
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“Your occupation” field contains Minister
|
“Spouse's signature. If a joint return, both must sign.” field contains Susan R. Michaels
|
“Date” field contains 3/1/2008
|
“Spouse's occupation” field contains Homemaker
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