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The Road to Filing your 1040ez

By nfrancis

  • Start work. Must fill out a W-4 to help your employer know how much to withhold for your Income Tax estimate.

    Start work. Must fill out a W-4 to help your employer know how much to withhold for your Income Tax estimate.

  • Federal Income Tax withholding is taken from every paycheck. This is an estimate of how much Income Tax you will have to pay on your 2013 earnings.

    Federal Income Tax withholding is taken from every paycheck. This is an estimate of how much Income Tax you will have to pay on your 2013 earnings.

  • You complete your employment for the year. Your employer starts summarizing your paycheck history for the year.

    You complete your employment for the year. Your employer starts summarizing your paycheck history for the year.

  • Your employers must mail your W-2 by this date.

    Your employers must mail your W-2 by this date.

  • Any banks that paid you interest in 2015 and companies that paid you dividends in 2015 must mail you a 1099 form by this date.

    Any banks that paid you interest in 2015 and companies that paid you dividends in 2015 must mail you a 1099 form by this date.

  • 1040 Tax Return is due. Your 1040 form calculates how much Income tax you owe for 2013 and compares this amount to how much income tax was deducted from your paychecks. If more was deducted that you owe, you get a refund!

    1040 Tax Return is due. Your 1040 form calculates how much Income tax you owe for 2013 and compares this amount to how much income tax was deducted from your paychecks. If more was deducted that you owe, you get a refund!