1040EZ as a single person?

Tristen earns $2,000 from tips, $15,000 from job at the mall, and $17,000 from his freelance work as a writer. He files the 1040EZ as a single person. What is his taxable income?
Answers

Eva

This question is doesn't reflect the new tax laws as the Form 1040EZ doesn't exist for 2018. If this is your homework, you can look up previous year's forms at www.irs.gov

Trivial One: Your teacher needs to update the homework

Your teacher needs to update the homework: 1040-EZ no longer exists.

Judy

The EZ form no longer exists. When it did, it could not be used for freelance work.

NA

Freelance work never used 1040-EZ.

curtisports2

Nobody files a 1040EZ for 2018. Or a 1040A. Both of those are GONE. Everybody files a 1040. Tristan's question cannot be answered with the info provided. Tristan is self-employed for that $17,000 free-lancing work and needs to complete a business return (Sch C) to see how much of that $17k is taxable, and needs to complete a Sch SE to calculate how much self-employment tax he owes. IF the $17k was his NET business income, then his adjusted gross income is $34,000 and his taxable income is $22,000. He's going to owe a couple thousand in federal tax unless he made periodic payments of estimated tax during the year, because the tax withheld from that $15k job is NOT going to cover what he owes on the rest of it.

Coffee Drinker

Tristen should hire a tax professional who did their own homework instead of asking strangers on the internet. Tristen's would then learn that he can't file with a 1040-EZ because its not allowed for freelance work. He would also learn that the 1040-EZ was discontinued after 2017 and for 2018 he files on a regular 1040 because there are no longer variations of the 1040, just one that everyone will use.

CarVolunteer

As of what year? This does not apply to the current tax year. Check your textbook on how to do your homework. Also, I don't believe a freelance writer could ever have used 1040-EZ.

kelby7670

There is no 1040EZ.

real estate guy

2000+15000+17000 = 34,000 BEFORE deductions. 6,300 is the single deduction = 27,700.