What was the standard deduction for 2008?
Standard Deduction Amounts
| Year | Married filing jointly and surviving spouses | Single filers |
|---|---|---|
| 2008 | $10,900 | $5,450 |
| 2009 | $11,400 | $5,700 |
| 2010 | $11,400 | $5,700 |
| 2011 | $11,600 | $5,800 |
How do I file a 1040 step by step?
How to Fill Out Form 1040
- Step 1: Fill In Your Basic Information. The first half of Form 1040 asks some basic questions about your filing status, identification, contact information, and dependents.
- Step 2: Report Your Income.
- Step 3: Claim Your Deductions.
- Step 4: Calculate Your Tax.
- Step 5: Claim Tax Credits.
Can I use Form 1040A?
For tax years beginning 2018 (the tax return you submit in 2019), the 1040A and EZ forms are no longer available. They have been replaced with new 1040 and 1040-SR forms. For those who are filing prior year returns, you can continue to use form 1040A or EZ for tax years through 2017.
What is the standard deduction for senior citizens in 2021?
Increased Standard Deduction When you’re over 65, the standard deduction increases. The specific amount depends on your filing status and changes each year. For the 2021 tax year, seniors get a tax deduction of $14,250 (this increases in 2022 to $14,700).
How much is personal exemption?
Personal Exemption The amount of the exemption was the same for every individual and indexed for inflation. In 2017, the amount was $4,050 per person. Under current law, the personal exemption is $0 from 2018 through 2025, but it will be reinstated starting in 2026, assuming no legislative changes.
What date do you have to complete a 1040?
When to file If you’re a calendar year filer and your tax year ends on December 31, the due date for filing your federal individual income tax return is generally April 15 of each year.
Who fills out a 1040?
Key Takeaways. Form 1040 is what individual taxpayers use to file their taxes with the IRS. The form determines if additional taxes are due or if the filer will receive a tax refund. Personal information, such as name, address, Social Security number, and the number of dependents, are asked for on Form 1040.
Where can I find IRS Form 1040 and instructions?
IRS Form 1040 can usually be found on the IRS website. Alternatively, you can find and file a 1040 form online, and it will be so much quicker and easier. The IRS encourages people to file online, so that they can get their refunds faster.
How do you fill out a 1040 Form?
Use the IRS’s Free File Fillable Forms (available from mid-January until mid-October)
Where can I get 1040 instruction booklet?
You can order 1040 forms and instructions by mail direct from the US Internal Revenue Service. The IRS will no longer print and mail 1040 forms and instructions booklets automatically on an annual basis. You must order 1040 forms and instructions from their website if you want them mailed to you.
What 1040 Form to use?
Your income,or combined incomes for joint filers,is more than$100,000.