1.08BM Completing the 1040

Last updated 7 months ago

39 Nsɛmmisa

Hyɛ no nsow a efi ɔkyerɛwfo no hɔ:

Learning Objectives

Students will be able to:

Complete a 1040 form to file their taxes

National Standards for Personal Financial Education

Earning Income

6a: Calculate the amount of taxes a person is likely to pay when given information or data about the person’s sources of income and amount of spending

Akwankyerɛ

Learning Objectives

Students will be able to:

Complete a 1040 form to file their taxes

National Standards for Personal Financial Education

Earning Income

6a: Calculate the amount of taxes a person is likely to pay when given information or data about the person’s sources of income and amount of spending

Intro/Warm-Up:

Do It!

1.08BM Completing the 1040

Last updated 7 months ago

39 Nsɛmmisa

Hyɛ no nsow a efi ɔkyerɛwfo no hɔ:

Learning Objectives

Students will be able to:

Complete a 1040 form to file their taxes

National Standards for Personal Financial Education

Earning Income

6a: Calculate the amount of taxes a person is likely to pay when given information or data about the person’s sources of income and amount of spending

Akwankyerɛ

Learning Objectives

Students will be able to:

Complete a 1040 form to file their taxes

National Standards for Personal Financial Education

Earning Income

6a: Calculate the amount of taxes a person is likely to pay when given information or data about the person’s sources of income and amount of spending

Intro/Warm-Up:

QUESTION OF THE DAY: If a single person taking the standard deduction makes $40,000, how much will they pay in federal income taxes? 📷5 min

Answer the question on the first slide in the space below. Then, compare your answer to the answer on the second slide. Finally, follow your teacher’s directions on how to answer the follow-up questions on the last slide.

If a single person taking the standard deduction makes $40,000, how much will they pay in federal income taxes?

Do It!

Melinda Flower's W2 Annotate with us as we go along

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf Page 65

25a

25b

25c

25d

25a

25b

25c

25d