EFTA01222451.pdf

2016 Federal Form 1040 Information Smart Worksheet Use this worksheet to compute taxable refund amount? ► Yes No If no. skip this Smart Worksheet. Total refunds from Line 1 column (b) will be reported as income. A Did you itemize deductions in 2016? ► Yes No If no. none of your refund from 2016 is reportable as income. Do not complete the remainder of this worksheet. B Enter the amount from your 2016 Schedule A, line 5, State and local tax If none, enter zero. and do not complete the remainder of this worksheet. C Which type of taxes were deducted on your 2016 Schedule A. line 5? 1 Income taxes (2016 Schedule A, box 5a. was checked) 2 General sales taxes (2016 Schedule A, box 5b, was checked) 3 Not applicable If general sales taxes were deducted. none of the refund from 2016 is reportable as income. Do not complete the remainder of this worksheet. D Enter the deduction for general sales taxes that could have been taken in 2016 if you know that amount E What was your filing status for 2016? Single Married filing jointly Married filing separately Married filing separately and your spouse itemized deductions Head of household j Qualifying widow(er) F Could be claimed as a dependent by someone else in 2016? . . . . ► Yes No G If yes. enter your earned income for 2016 Enter the following amounts from your 2016 Form 1040: H Line 38. Adjusted gross income I Line 39a, Total number of boxes checked J Line 40. Itemized deductions or standard deduction K Line 41. Adjusted gross income less itemized or standard deduction L Line 42. Deduction for exemptions M Line 43. Taxable income. Line K less line L (if less than zero, enter as negative) N Line 44. Tax O Line 45. Alternative minimum tax P Line 46. Excess advance premium tax credit repayment O Line 47. Total tax before credits R Line 56. Total tax after credits If your adjusted gross income was greater than $313.800 if filing status was married filing joint or qualifying widow(er). $287.650 if filing status was head of household. $261.500 if filing status was single. or $156.900 if filing status was married filing separately. then also complete the below. Enter the following amounts from your 2016 Schedule A, Itemized Deductions: S Line 4. Medical and dental expenses • Line 9. Taxes U Line 14. Investment interest expense ✓ Line 15. Interest W Line 19. Charity X Line 20. Casualty and theft losses Y Line 27. Job expenses and other deductions 2 Line 28. Other miscellaneous deductions 1 Any gambling losses included in line 28 2 Any casualty or theft losses included in line 28 EFTA01222451