2008

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Tax Calculator - Overview

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located at the top of each worksheet or the blue tabs at the bottom of this workbook. Married Filing Separately
Head of Household

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Enter data in only the white cells with gray borders: $400

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Use the drop down boxes to choose tax filing status.
Single
Quick Tax Estimator
Calculate your Federal Income Tax estimate with just a few keystrokes. The Tax Estimator takes into consideration all the necessary information
and rules as stated on the 2008 tax year 1040 form. Use the drop down box to choose your tax filing status and fill out all the white cells with
your information. If you are planning to take the Standard Deduction (see Itemized or Standard Deduction Calculator), make sure $0 is entered
into the Itemized Deduction cell. Standard Deduction, Exemption and Taxable income figures are calculated for you. Enter in your taxes paid
during 2008 to calculate your payment or refund.

Detailed Tax Calculator

The Detailed Tax Calculator works just like the Quick Tax Estimator but offers all the detailed categories listed on the form 1040.
Use the "Itemized or Standard Deduction Calculator" for further precision and to minimize your tax liability.

1040 Worksheet
The 1040 worksheet will help you double check your math for you so you don't make any costly errors when filling out your official tax form.
Make sure to use the Tax Estimator and the Itemized or Standard Deduction Calculator for the more complex calculations.
-Save a soft copy of all your 1040 tax information for future reference.
-Avoid careless calculation errors
-(Not to be submitted in place of the official IRS 1040 form) Click here to download official form 1040 from www.irs.gov

Itemized or Standard Deduction Calculator

Make sure you are taking the appropriate deduction on your tax form. With this calculator, you'll find out which deduction work's best for you.
As in the Tax Estimator, use the drop down box to choose your tax filing status and fill out only the white cells with your information.

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Purchase Tax Planner

DEMO: First 3 cells open to demo users

Quick Tax Estimator - Use drop down box to choose Tax filing
2008 status.

Quick Tax Estimate

Tax Assumptions
$771
Tax filing status
Number of filers over age 65
Married Filing Jointly
0
Filing Status
2 Married Filing Jointly
Over 65 Deduction
0 Single- 1
Chart
Tax Estimate $3,729
Standar Deduction
$5,450 Single
Number of personal exemptions (spouse, yourself) 2 $4,500 1 Single 0 Married Filing Jointly- 2 Taxes Paid $4,500 $10,900 Married Filing Jointly
Number of dependent children 1 Column AB 2 Married Filing Jointly 0 Married Filing Separately- 3 (Payment)/Refund
$771 $5,450 Married Filing Separately
$3,729 3 Married Filing Separately 0 Head of Household- 4 $8,000 Head of Household
Gross Annual Income $60,000 $0 $500 $1,500 $2,500
4 Head of Household
$3,500$4,000 $4,500
Adjustments (click here to view list) $3,000
Adjusted Gross Income (AGI) $57,000
Itemized deductions - (enter $0 for standard) $10,225 Tax Estimate Taxes Paid (Payment)/Refun GET ALL UPDATED FROM Pub. 505
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Standard Deduction $- 2008 Tax Rate Schedules
Exemption Dollars $9,900 Federal Single Married Filing Jointly Married Filing Separately Head of Household
Taxable Income $36,875 Tax Rate Between 1 Between 2 Between 3 Between 4
Other Credits (child, retirement, etc.) $1,000 Results 10% $0 $8,025 $802 $0 $16,050 $1,605 $0 $8,025 $802 $0 $11,450 $1,145
15% $8,025 $32,550 $3,679 $16,050 $65,100 $3,124 $8,025 $32,550 $3,679 $11,450 $43,650 $3,814
Tax Estimate $3,729 Tax Estimate $3,729 25% $32,550 $78,850 $1,081 $65,100 $131,450 $0 $32,550 $65,725 $1,081 $43,650 $112,650 $0

Taxes Paid $4,500 Refund $771 28% $78,850 $16,550 $0 $131,450 $200,300 $0 $65,725 $100,150 $0 $112,650 $182,400 $0

Refund $771 33% $16,550 $357,700 $6,707 $200,300 $357,700 $0 $100,150 $178,850 $0 $182,400 $357,700 $0
35% $357,700 + $0 $357,700 + $0 $178,850 + $0 $357,700 + $0
$12,270 $4,729 $5,562 $4,959

Adjustments
Educator expenses
IRA deduction
Student loan interest deduction
Tuition and fees deduction
Health savings account deduction. (Form 8889)
Moving expenses.(Form 3903)
One-half of self-employment tax
Self-employed health insurance deduction
Self-employed SEP, SIMPLE, and qualified plans
Penalty on early withdrawal of savings
Alimony paid
Total Adjustment (enter above on "Adjustments" line) $-
click here to return to top of page
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Refund $861

Detailed Tax
Calculator
Tax Assumptions Adjusted Gross Income (AGI) $57,000
Itemized deductions - (enter $0 for standard) $10,225
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Number of filers over age 65 0 Standard Deduction $-
Number of personal exemptions (spouse, yourself) 2 Exemption Dollars $10,500
Number of dependent children 1 Taxable income $36,275
DEMO: First 2 sections open Tax Estimate $4,639
Gross Annual Income $60,000 Filing Status Over 65 Deduction Chart Standar Deduction
to demo users
Wages, salaries, tips, etc $56,000 Tax Credits $1,000 2 Married Filing Jointly 0 Single- 1 Tax Estimate $- $5,450 Single
Taxable interest $200 Foreign tax credit 1 Single 0 Married Filing Jointly- 2 Taxes Paid $- $10,900 Married Filing Jointly
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Ordinary dividends $800 Credit for child and dependent care expenses 2 Married Filing Jointly 0 Married Filing Separately- 3 (Payment)/Refund$- $5,450 Married Filing Separately
Alimony received Credit for the elderly or the disabled 3 Married Filing Separately 0 Head of Household- 4 $8,000 Head of Household
Business income or (loss) Education credits $500 4 Head of Household
Capital gain or (loss) $3,000 Retirement savings contributions credit $500
IRA distributions Child tax credit

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Pensions and annuities Adoption credit
Rental real estate, royalities, partnerships, trusts, etc. Other Credits
Farm income or (loss) 2008 Tax Rate Schedules
Unemployment compensation Other Taxes $- Federal Single Married Filing Jointly Married Filing Separately Head of Household
Social security benefits Self-employment tax Tax Rate Between 1 Between 2 Between 3 Between 4
Other income Taxes on tip income not reported to employer 10% $0 $8,025 $802 $0 $16,050 $1,605 $0 $8,025 $802 $0 $11,450 $1,145
Additional tax on IRAs, other qualified retirement plans 15% $8,025 $32,550 $3,679 $16,050 $65,100 $3,034 $8,025 $32,550 $3,679 $11,450 $43,650 $3,724
Adjustments $3,000 Advance earned income credit payments from Form(s) W-2 25% $32,550 $78,850 $931 $65,100 $131,450 $0 $32,550 $65,725 $931 $43,650 $112,650 $0
Educator expenses Household employment taxes 28% $78,850 $16,550 $0 $131,450 $200,300 $0 $65,725 $100,150 $0 $112,650 $182,400 $0
IRA deduction $2,200 33% $16,550 $357,700 $6,509 $200,300 $357,700 $0 $100,150 $178,850 $0 $182,400 $357,700 $0
Student loan interest deduction $800 Total Tax $3,639 35% $357,700 + $0 $357,700 + $0 $178,850 + $0 $357,700 + $0
Tuition and fees deduction $11,922 $4,639 $5,412 $4,869
Health savings account deduction. (Form 8889) Payments $4,500
Moving expenses.(Form 3903) Federal income tax withheld from Forms W-2 and 1099 $4,500 Deduction for Exemptions Worksheet Exemption AGI Limit 2006
One-half of self-employment tax 2008 estimated tax payments & amount applied from 2007 $- 10500 3500 1 Single $159,950
Self-employed health insurance deduction Earned income credit (EIC) $- $57,000 2 Married Filing
$239,950
Jointly
Self-employed SEP, SIMPLE, and qualified plans Excess social security and tier 1 RRTA tax withheld $- 239950 3 Married Filing
$119,975
Separately
Penalty on early withdrawal of savings Additional child tax credit $- $(182,950) 4 Head of Household
$199,950
Alimony paid Other Payments $- (1.5) 125000
(5.00)
Adjusted Gross Income (AGI) $57,000 Refund $861 (1.7)
4.7

16,333
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Itemized or Standard DEMO: First 3 sections

Deduction? open to demo users

Tax Assumptions Itemized vs Standard Deduction $1,350 $1,050

Tax filing status

Number of blind filers
Number of filers over age 65
Married Filing Jointly
0
0
$11,000
$10,000
$9,000
$10,225
$10,900

Filing Status
2 Married Filing Jointly Itemize Deduction
$10,225
Additional amount for the elderly
or the blind
- Single- 1
Standar Deduction
$5,450 Single
Estimated AGI: (adjusted gross income) $57,000 $8,000 1 Single Standard Deduction
$10,900 - Married Filing Jointly- 2 $10,900 Married Filing Jointly
2 Married Filing Jointly - Married Filing Separately- 3 $5,450 Married Filing Separately
$7,000
Dental and Medical Expenses 3 Married Filing Separately - Head of Household- 4 $8,000 Head of Household
$6,000
Medical expenses $5,000 4 Head of Household
$5,000
Dental expenses $160
Total $5,160 $4,000 Worksheet 1-2. Deductions and Adjustments Worksheet
Deductible Portion $885 $3,000 $10,225
$925
$2,000
Taxes You Paid $9,300
$1,000
State and local income taxes $1,400 7,440.0
Real estate taxes $1,500 $0 $57,000 159950 $159,950 $79,975
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Personal property taxes $1,000 $(102,950)
Other taxes $- Itemize Standard (3,088.50)
Deduction Deduction
Total $3,900 (3,088.50)
(2,059.00)
Interest (Paid/Received) 11,254.50
Home mortgage interest and points $2,900
Investment interest and dividends received $40 Results 11254.5
Investment interest you paid $- Itemized or Standard Deduction? Standard
Total $2,940 Itemize $10,225
Charitable Contributions Standard $10,900 If your AGI is over $159,950 (over $79,975 if married filing separately), then your deduction may be limited. See the Itemized Deductions Worksheet on page B-1 of the 2006 Instructions for Schedules A & B for information on how the IRS (and this calculato r) limits your deduction.
Cash contributions $1,000
"In-kind" contributions $-
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"Carryover" contributions $1,000

Total $2,000
Casualty and Theft Losses
Job Expenses and Most Other Miscellaneous
Unreimbursed employee expenses $500
Tax preparation fees
Investment expenses
Safe deposit box expenses
Deductible Portion $-
Other Miscellaneous
Gambling losses
Other $500
Total Itemized Deductions $10,225
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Schedule B—Interest and Ordinary
Dividends
Part I - Interest Interest and Ordinary Dividends
$900
Name of payer Amount
Citibank Savings Interest $77.00 $800
Bank of America Savings Interest $58.00
$700
Citibank CD Interest $555.00
New York City Muni Bond $150.00 $600

$500

$400 $840

$300

$200
Total Interest $840.00
$100
Excludable interest (on series EE and I U.S. savings bonds issued after 1989.
Taxable Interest $840.00 $0
Column F

Part II - Ordinary Dividends Taxable In-

terest
Name of payer Amount
MSFT $700.00
GM $300.00
ATT $250.00
MO $200.00
IBM $100.00

Total Ordinary Dividends See Part III $1,550.00

Part III - Foreign Accounts and Trusts

Foreign Accounts
If at any time during 2008, you had an interest in or a signature or other authority over a financial account in
a foreign country, such as a bank account, securities account, or other financial account, see page B-2 for
exceptions and filing requirements for Form TD F 90-22.1

Foreign Trusts
During 2008, if you received a distribution from, or were the grantor of, or transferor to, a foreign trust, then
you may have to file Form 3520. See page B-2
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Child Tax Credit
Worksheet Working Families Tax Relief Act of 2004 (HR1308)

Tax Credit Assumptions

Child Tax Credit. The child tax credit remains $1,000 per child through 2010.
To be a qualifying child for the child tax credit, the child must be under age 17 at the end of 2008.
DEMO: First 2 cells
Number of qualifying children 1 open to demo users
Number of qualifying children x $1,000 $1,000
Form 1040, line 45 (Tax plus Alternative minimum tax) $4,500

Form 1040, line 46 (Foreign tax credit) $-

Form 1040, line 47 (Credit for child and dependent care expenses - Form 2441) $500
Form 1040, line 48 (Credit for the elderly or the disabled - Schedule R) $1,500
Form 1040, line 49 (Education credits - Form 8863)
Form 1040, line 50 (Retirement savings contributions credit - Form 8880) $2,000
Sum of Line 46-50 $4,000

This is your Child Tax Credit $500

You may be able to take the additional child tax credit. See Form 8812.
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Filing Status Over 65 Deduction Exemption Count Standar Deduction
2 Married Filing Jointly 0 Single- 1 Single 1 1 $5,450 Single
Tax Withholding (Form W-4)
Calculator 1 Single 2100 Married Filing Jointly- 2 Married Filing Jointly 2 $10,900 Married Filing Jointly
2 Married Filing Jointly 0 Married Filing Separately- 3 Married Filing Separately 3 $5,450 Married Filing Separately
DEMO: First 4 cells
Personal Allowances open to demo users
3 Married Filing Separately 0 Head of Household- 4 Head of Household 4 $8,000 Head of Household

Tax filing status

Enter number of dependents (other than your spouse or yourself)
Married Filing Jointly
1
2 4 Head of Household

Total number of jobs in which you and your spouse are currently employed 2
Wages from Job #1 $40,000
Wages from Job #2 $20,000
Results
Total Annual Income $60,000
Personal Allowances 3 Enter on Form 4-W, line 5 (Total Allowances) 3 Personal Allowances: 2
# of Jobs > 1 2 3 Child or dependent care expenses:
Deductions, Adjustments & Credits 1 Single 2 1 1 2
Estimated Itemized Deductions. $10,225
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2 Married Filing Jointly 3 2 2 Single 58000 84000 86000

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Standard Deduction $10,900 3 Married Filing Separately 3 2 2 Married 86000 119000 86000 119000
Itemized Deductions less Standard Deduction $- 4 Head of Household 2 2 2
Adjustments to Income click to view complete list $3,000
Tax Credits click to view complete list $1,500 x 6.7 = $10,050
Estimate of your nonwage income (such as dividends or interest) $1,555
Deductions, Adjustments & Credits $11,495
Deduction, Adjustment & Credit Allowances (previous line divided by $3,500) 3

Results
Two-Earner/ Two-Job Allowance adjustment -3
Total Allowances - Enter on Form 4-W, line 5 3
26

Post-Adjustment Allowances (from above): 6

Table 1 Reference: Two-Earner/Two-Job (Form W-4) 3

Table 1: Two-Earner/Two-Job Worksheet Table 2: Two-Earner/Two-Job Worksheet

MFJ Others MFJ Others

Highest 40000 3 3 500 830
Lowest 20000

Married Filing Jointly All Others Married Filing Jointly All Others
Lowest paying job Lowest paying job 1 0 60000 500 0 0 30000 500
0 - 4,500 0 0 - 6,000 0 0 60001 115000 830 1 30001 75000 830
Adjustments to Income 0 4,501 9,000 1 0 6,001 12,000 1 0 115001 165000 920 0 75001 145000 920
Educator expenses 0 9,001 18,000 2 0 12,001 19,000 2 0 165001 290000 1090 0 145001 330000 1090
IRA deduction 1 18,001 3 1 19,001 26,000 3 0 290001 1160 0 330001 1160
Student loan interest deduction 0 26,001 35,000 4
Tuition and fees deduction 0 - 4,500 0 0 35,001 50,000 5
Health savings account deduction. (Form 8889) 0 4,001 9,000 1 0 50,001 65,000 6
Moving expenses.(Form 3903) 0 9,001 18,000 2 0 65,001 80,000 7
One-half of self-employment tax 0 18,001 22,000 3 0 80,001 90,000 8
Self-employed health insurance deduction 0 22,001 26,000 4 0 90,001 120,000 9
Self-employed SEP, SIMPLE, and qualified plans 0 26,001 32,000 5 0 120,001 - 10
Penalty on early withdrawal of savings 0 32,001 38,000 6
Alimony paid 0 38,001 46,000 7
0 46,001 55,000 8
Total Adjustment (enter above on "Adjustments" line) $- 0 55,001 60,000 9
click here to return to Deductions, Adjustments & Credits 0 60,001 65,000 10
0 65,001 75,000 11
0 75,001 95,000 12
0 95,001 105,000 13
0 105,001 120,000 14
0 120,001 15
Tax Credits
Foreign tax credit
Credit for child and dependent care expenses
Credit for the elderly or the disabled Table 1: Credit conversion Table - Worksheet 7 pub. 919
Education credits
Retirement savings contributions credit Multiplier 6.7
Child tax credit
Adoption credit MFJ Head of Household Single MFS
Mortgage interest credit, Est Wages 6.7 Est Wages 4.0 Est Wages 4.0 Est Wages 4.0
Earned income credit 0 - 33,000 10.0 0 - 24,000 10.0 0 - 15,000 10.0 0 - 15,000 10.0
Prior year alternative minimum tax 1 33,001 77,000 6.7 0 24,001 52,000 6.7 0 15,001 37,000 6.7 0 15,001 37,000 6.7
Other Credits 0 77,001 136,000 4.0 1 52,001 114,000 4.0 1 37,001 78,000 4.0 1 37,001 67,000 4.0
0 136,001 198,000 3.6 0 114,001 176,000 3.6 0 78,001 155,000 3.6 0 67,001 97,000 3.6
Total Tax Credits (enter above on "Tax Credits" line) $- 0 198,001 338,000 3.0 0 176,001 332,000 3.0 0 155,001 327,000 3.0 0 97,001 168,000 3.0
click here to return to Deductions, Adjustments & Credits 0 338,001 2.9 0 332,001 2.9 0 327,001 2.9 0 168,001 2.9
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Click here to download official form 1040 from www.irs.go

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1040 Tax Form At the time of this worksheet's release, the IRS had not released the official 1040
form. Please use this worksheet as a guide, not as an official document.
Worksheet

1040 2008
Department of the Treasury---Internal Revenue Service
Form
U.S. Individual Income Tax Return (99) IRS Use Only –- Do Not Write Or Staple in This Space
For the year Jan. 1--Dec. 31, 2008, or other tax year beginning 2008 ,ending .20 OMB No. 1545-0074
Label LA
Your first name and initial Last name Your social security number
B
(See instructions EL
on page 12.) If joint return, spouses's name and initial Last name Spouse's social security number

Use the IRS label. H Home address (number & street). If you have a PO box, see pg.16. Apt. no. Important!
E
R You must enter
Otherwise, please E City, town or post office, state and ZIP code. If you have a foreign address, see page 16.
your SSN(s) above.
print or type.
Presidential
You Spouse
Election Campaign (See Note: Checking "Yes" will not change your tax or reduce your refund.
page 16.) Do you, or your spouse if filing a joint return, want $3 to go to this fund? . . . . . . u Yes No Yes No

Filing Status 1 Single 4 Head of household (with qualifying person). (See page 17.) If the 0
qualifying person is a child but not your dependent, enter this child’s
2 Married filing joint return (even if only one had income) name here. u 0
Check only one 3 Married filing separately. Enter spouse's SSN above and 0
box. full name here. u 5 Qualifying widow(er) with dependent child (See page 17.)
Boxes checked on 6a
6a . . . . . . . .
Yourself. If someone can claim you as a dependent, do not check box 6a and 6b. 0
Exemptions b Spouse . . . . . . . . . . . . . . . . . . . . . . . . . . No. of your children
c Dependents: (2) Dependent's (3) Dependent's (4) if qualifying on 6c who:
social security relationship to child for child tax lived with you
(1) First name Last name number you credit (See page 15) did not live with
you due to divorce or
separation (see page
If more than four
18)
dependents, see page
Depenedents on 6c
15.
not entered above

Add numbers on
d Total number of exemptions claimed . . . . . . . . . . . . . . . . . . lines above u 0
7 Wages, salaries, tips, etc. Attach Form(s) W-2. . . . . . . . . . . . . . . 7. . $- . . .
Income 8a Taxable interest. Attach Schedule B if required . . . . . . . . . . . . . . 8a. . $- . . .
b Tax-exempt interest. Do not include on line 8a . . . . . . 8b. . $-. . . . . . . . . . .
9a Ordinary dividends. Attach Schedule B if required. . . . . . .. . .. .. . .. . . . .. . . . .. . .. .. . .. .. . .. 9a.. . .. $- . . .
b Qualified dividends (see page 20) . . . . . . . . 9b $-
Attach Form(s)
W-2 here. Also 10 Taxable refunds, credits, or offsets of state and local income taxes (see page 20) . . . . . . . 10 $-
attach Forms W-
11 Alimony received . . . . . . . . . . . . . . . . . . . . . . . 11 $-
2G and 1099-R if
tax was withheld. 12 Business income or (loss). Attach Schedule C or C-EZ . . . . . . . . . . . . . . .12 . $-
. . . .
13 Capital gain or (loss). Attach Schedule D if required. If not required, check here u ✘ 13 $-
If you did not get a 14 Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . . . . . 14. . $-. . . . . .
W-2, see page 19. 15 a IRA distributions . . 15a $- b Taxable amount (see pg. 22) 15b $-
16 a Pensions and annuities 16a $- b Taxable amount (see pg. 22) 16b $-
17 Rental real estate, royalities, partnerships, S corporations, trusts, etc. Attach Schedule E. 17 $-
Enclose, but do not
attach, any 18 Farm income or (loss). Attach Schedule F . . . . . . . . . . . . . . . 18 $-
payment. Also
please use Form
19 Unemployment compensation . . . . . . . . . . . . . . . . . . 19 $-
1040-V. 20 a Social security benefits 20a $- b Taxable amount (see page 24) 20b $-
21 Other income. List type and amount (see page 24). 21 $-
22 Add the amounts in the far right column for lines 7 through 21. This is your total income u 22 $-
23 Educator expenses (see page 26). . . . . . . . . 23 $-
Adjusted 24 Certain business expenses of reservists, performing artists, and
Gross fee-basis government officials. Attach Form 2106 or 2106-EZ 24 $-
Income 25 IRA deduction (see page 26) . . . . . . . . . . 25 $-
26 Student loan interest deduction (see page 28) . . . . . 26 $-
27 Tuition and fees deduction (see page 29) . . . . . . . 27 $-
28 Health savings account deduction. Attach Form 8889 28 $-
29 Moving expenses. Attach Form 3903 . . . . . . . . 29 $-
30 One-half of self-employment tax. Attach Schedule SE . . . . 30 $-
31 Self-employed health insurance deduction (see page 30) . . 31 $-
32 Self-employed SEP, SIMPLE, and qualified plans . . . . . 32 $-
33 Penalty on early withdrawal of savings . . . . . . . . 33 $-
34 a Alimony paid b Recipient's SSN u 34a $-
35 Add lines 23 through 34a . . . . . . . . . . . . . . . . . . . . 35 $-
36 Subtract line 35 from line 22. This is your adjusted gross income . . . . . . . . u . .36 . . . $-
For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see page 75. Cat. No. 11320B Form 1040 (2008)
Form 1040 (2008) Page 2

Tax and 37 Amount from line 36 (adjusted gross income) 37 $-

Credits 38 a Check You were born before January 2, 1944, Blind Total boxes
Standard
0
if: Spouse was born before January 2, 1944, Blind checked u 38a
Deduction
for --- b If your spouse itemizes on a separate return or you were a dual-status alien, see page 31 and check here 38b
People who 39 . . .
Itemized deductions (from Schedule A) or your standard deduction (see left margin) 39 $- .
checked any box
on line 38a or 38b 40 Subtract line 39 from line 37 . . . . . . . . . . . . . . . . . . . . 40. . $-.
or who can be 41 If line 37 is $119,975 or less, multiply $3,500 by the total number of exemptions claimed on
claimed as a
dependent, see line 6d. If line 37 is over $119,975, see the worksheet on page 33. . . . . . . . . . . 41. . $- . . . . . . . . . . .
page 31. 42 Taxable income. Subtract line 41 from line 40. If line 41 is more than line 40, enter -0- . . . . 42 $-
43 Tax (see page 33). Check if any tax from: a Form(s) 8814 b Form 4972 . . . . . 43 $-
All others: 44 Alternative minimum tax (see page 35). Attach Form 6251. . . . . . . . . . . . . 44 . . .
$- . . . . . . .
45 Add lines 43 and 44 . . . . . . . . . . . . . . . . . . . . . u . . 45. . $-
Single or Married 46 Foreign tax credit. Attach Form 1116 if required . . . . . . . 46. . $-. . . . . . . .
filing separately,
$5,450 47 Credit for child and dependent care expenses. Attach Form 2441 47 $-
48 Credit for the elderly or the disabled. Attach Schedule R . . . . 48
. . $-
. . . . . . . . . . . . . . . . . . . . .
Married filing jointly 49 Education credits. Attach Form 8863 . . . . . . . . . . 49 . . $-. . . . . . . . . . . . . . . . . . . .
or Qualifying
widow(er): 50 Retirement savings contributions credit. Attach Form 8880 . . . . .50 $-
$10,900 51 Child tax credit (see page 37) . . . . . . . . . . . . 51 . . $-
52 Adoption credit. Attach Form 8839 . . . . . . . . . . 52. . $-
53 Credits: a ✘ Form 8396 b Form 8859 . . . . . .53 . . $- . . . . . . . . . . . . . . . . . . . .
Head of 54 Other credits. Check applicable box(es): a Form 3800
Household:
$8,000 b Form 8801 c ✘ Specify . . . . 54 $-
55 Add lines 46 through 54. These are your total credits . . . . . . . . . . . u. . 55. . $- . . . . . .
56 Subtract line 55 from line 45. If line 55 is more than line 45, enter -0 - . . . . . . . . . .56 . .$- . . . . . . . . . .
57 Self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . . . . 57. . $-. . . . . .
Other 58 Social security and Medicare tax on tip income not reported to employer. Attach Form 4137 . . . 58 $-
Taxes 59 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required . . . . . .59 . .$- .
60 Advance earned income credit payments from Form(s) W-2 . . . . . . . . . . . . .60 . $- . . . . .
61 Household employment taxes. Attach Schedule H . . . . . . . . . . . . . . . .61 . $- . . .
62 Add lines 56 through 61. This is your total tax . . . . . . . . . . . . . u. . 62. . $-. . .
Payments 63 Federal income tax withheld from Forms W-2 and 1099 63 $-
64 2008 estimated tax payments and amount applied from 2007 return 64 $-
If you have a
qualifying child, 65 a Earned income credit (EIC) . . . . . . . . . . . .65a. . $-.
attach Schedule b $-
Nontaxable combat pay election 65b
EIC.
66 Excess social security and tier 1 RRTA tax withheld (see pg 54) 66 $-
67 Additional child tax credit. Attach form 8812. 67 $-
68 Amount paid with request for extension to file (see page 54) 68 $-
69 Other payments from : a ✘Form 2439 b Form 4136 c ✘ 8885
Form 69 $-
70 Add lines 63, 64, 65a, and 66 through 69. .
These are your total payments . . .u 70 $-
Refund 71 If line 70 is more than line 62, subtract line 62 from line 70. This is the amount you overpaid 71 $-
72 a Amount of line 71 you want refunded to you . . . . . . . . . . . . . . . u. . 72a $-
Direct deposit?
See page 54 and u b Routing number u c Type: Checking ✘ Savings
fill in 72b, 72c and u d Account number
72d
73 Amount of line 71 you want applied to your 2008 estimated tax 73 $-
Amount 74 Amount you owe. Subtract line 70 from line 62. For details on how to pay, see page 55. u 74 $-
You Owe 75 Estimated tax penalty (see page 55) . . . . . . . . . . 75 . . $- . . . . . . . . . . . . . . . . . . . . .
Do you want to allow another person to discuss this return with the IRS (see page 56)? Yes. Complete the following. ✘ No.
Third Party Designee's Phone Personal Identification
Designee name u no. u number. (PIN) u
Sign Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and
Here belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Joint return? See Your signature Date Your occupation Daytime phone number
page 17.
Keep a copy for
your records.
Spouse’s signature. If a joint return, both must sign. Date Spouse's occupation

Paid Preparer's Date

Check if Self-
Preparer’s SSN or PTIN
Preparer's signature employed
Use Only Firm's name (or yours if self
employed) address, and ZIP
EIN
code Phone no.
Form 1040 (2008)
orm 1040 from www.irs.gov

TRUE

FALSE FALSE FALSE FALSE

FALSE FALSE
FALSE FALSE
FALSE

FALSE
FALSE
FALSE
FALSE
FALSE
FALSE

TRUE
FALSE FALSE Standar Deduction
FALSE FALSE 1 $5,450 Single
2 $10,900 Married Filing Jointly
3 $5,450 Married Filing Separately
4 $8,000 Head of Household

$3,500

Single $159,950
Married Filing
$239,950
Jointly
Married Filing
$119,975
Separately
Head of Household
$199,950

FALSE

FALSE

FALSE

FALSE

FALSE