7.1. Nicole s W-2 Wage and Tax Statement W-2 VISUAL. THEME 2 Lesson 7: Uncle Sam Takes a Bite , ,050.

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1 VISUA. THM 2 ssn : Uncl Sam Taks a Bit Nicl s W-2 Wag an Tax Statmnt b mplyr intificatin numbr (IN) c mplyr s nam, arss, an ZIP c a mply s scial scurity numbr ,00.00 Yurtwn Supprt Srvics Braway Yurtwn, MO This infrmatin is bing furnish t th Intrnal Rvnu Srvic. If yu ar rquir t fil a tax rturn, a nglignc pnalty r thr sanctin OMB N may b imps n yu if this incm is taxabl an yu fail t rprt it. Wags, tips, thr cmpnsatin 2 Fral incm tax withhl 3 Scial scurity wags 2,00.00 Micar wags an tips 2,00.00 Scial scurity tips Scial scurity tax withhl,.00 Micar tax withhl 38.3 Allcat tips ntrl numbr Avanc I paymnt Dpnnt car bnfits mply s first nam an initial f Nicl M. Shmachr 23 Briargat an Yurtwn, MO 236 mply s arss an ZIP c 3 Statutry mply Nnqualifi plans Rtirmnt plan Thir-party sick pay S instructins fr bx 2 Stat mplyr s stat ID numbr 6 Stat wags, tips, tc. Stat incm tax 8 cal wags, tips, tc. cal incm tax 20 cality nam Suff , Othr 2b 2c 2 Frm W-2 Wag an Tax Statmnt 2008 py Fr MPOY S RORDS (S Ntic t mply n th back f py B.) Dpartmnt f th Trasury Intrnal Rvnu Srvic Saf, accurat, FAST! Us 36 FINANIA FITNSS FOR IF: Tachr Gui Gras -2 uncil fr cnmic ucatin

2 THM 2 ssn : Uncl Sam Taks a Bit VISUA.2 Nic l s Frm 0Z Dpartmnt f th Trasury Intrnal Rvnu Srvic Frm Incm Tax Rturn fr Singl an 0Z Jint Filrs With N Dpnnts () 2008 OMB N. -00 abl (S pag.) Us th IRS labl. Othrwis, plas print r typ. Prsintial lctin ampaign (pag ) Incm Attach Frm(s) W-2 hr. ncls, but nt attach, any paymnt. Paymnts an tax A B H R hck hr if yu, r yur spus if a jint rturn, want $3 t g t this fun Wags, salaris, an tips. This shul b shwn in bx f yur Frm(s) W-2. Attach yur Frm(s) W-2. 2 Taxabl intrst. If th ttal is vr $,00, yu cannt us Frm 0Z. 2 3 Unmplymnt cmpnsatin an Alaska Prmannt Fun ivins (s pag ). 3 Yur first nam an initial Nicl M. If a jint rturn, spus s first nam an initial Hm arss (numbr an strt). If yu hav a P.O. bx, s pag. 23 Briargat an ity, twn r pst ffic, stat, an ZIP c. If yu hav a frign arss, s pag. Yurtwn, MO 236 Shmakr A lins, 2, an 3. This is yur ajust grss incm. If smn can claim yu (r yur spus if a jint rturn) as a pnnt, chck th applicabl bx(s) blw an ntr th amunt frm th wrksht n back. Yu Spus If n n can claim yu (r yur spus if a jint rturn), ntr $8,0 if singl; $,00 if marri filing jintly. S back fr xplanatin. Apt. n. 6 Subtract lin frm lin. If lin is largr than lin, ntr -0-. This is yur taxabl incm. 6 Fral incm tax withhl frm bx 2 f yur Frm(s) W-2. 8a arn incm crit (I) (s pag 2). 8a b Nntaxabl cmbat pay lctin. 8b Rcvry rbat crit (s wrksht n pags an 8). Yur scial scurity numbr Spus s scial scurity numbr Yu must ntr yur SSN(s) abv. hcking a bx blw will nt chang yur tax r rfun. Yu 2,00 Spus 0 2,0 8,0, A lins, 8a, an. Ths ar yur ttal paymnts. Rfun Hav it irctly psit! S pag 8 an fill in 2b, 2c, an 2 r Frm Amunt yu w Thir party sign Sign hr Jint rturn? S pag 6. Kp a cpy fr yur rcrs. Pai prparrʼs us nly Tax. Us th amunt n lin 6 abv t fin yur tax in th tax tabl n pags f th bklt. Thn, ntr th tax frm th tabl n this lin. b Ruting numbr If lin is largr than lin, subtract lin frm lin. This is yur rfun. If Frm 8888 is attach, chck hr Accunt numbr 3 If lin is largr than lin, subtract lin frm lin. This is th amunt yu w. Fr tails n hw t pay, s pag. D yu want t allw anthr prsn t iscuss this rturn with th IRS (s pag 20)? Dsign s nam Fr Disclsur, Privacy Act, an Paprwrk Ructin Act Ntic, s pag 3. c Typ: hcking at. N. 32W Savings 3 3 Ys. mplt th fllwing. Unr pnaltis f prjury, I clar that I hav xamin this rturn, an t th bst f my knwlg an blif, it is tru, crrct, an accuratly lists all amunts an surcs f incm I rciv uring th tax yar. Dclaratin f prparr (thr than th taxpayr) is bas n all infrmatin f which th prparr has any knwlg. Yur signatur Yur ccupatin Daytim phn numbr Spus s signatur. If a jint rturn, bth must sign. Prparr s signatur Firm s nam (r yurs if slf-mply), arss, an ZIP c Phn n. Scial wrkr Spus s ccupatin Prsnal intificatin numbr (PIN) hck if slf-mply IN Phn n Prparr s SSN r PTIN,8 N Frm 0Z (2008) FINANIA FITNSS FOR IF: Tachr Gui Gras -2 uncil fr cnmic ucatin 3

3 VISUA.3 THM 2 ssn : Uncl Sam Taks a Bit Fral Tax Tabl fr Frm 0Z 2008 Tax Tabl ntinu If Frm 0Z, If Frm 0Z, If Frm 0Z, If Frm 0Z, An yu ar An yu ar An yu ar An yu ar lin 6, is lin 6, is lin 6, is lin 6, is At But Singl Marri At But Singl Marri At But Singl Marri At But Singl Marri last lss filing last lss filing last lss filing last lss filing than jintly than jintly than jintly than jintly Yur tax is Yur tax is Yur tax is Yur tax is,000 2,000,000 8,000,000, ,000 2,00,03,203,000,00,83,03 8,000 8,00 2,303,0,00, ,00 2,0,,208,00,0,860,08 8,00 8,0 2,3,0,0, ,0 2,,8,23,0,,868,3 8,0 8, 2,38,6,, , 2,200,2,28,,200,8,8 8, 8,200 2,32,2,200, ,200 2,20,33,223,200,20,883,23 8,200 8,20 2,333,3,20, ,20 2,300,0,228,20,300,80,28 8,20 8,300 2,30,3,300, ,300 2,30,8,233,300,30,88,33 8,300 8,30 2,38,6,30,00, ,30 2,00,,238,30,00,0,38 8,30 8,00 2,3,,00,0,03 3 2,00 2,0,63,23,00,0,3,3 8,00 8,0 2,363,6,0,00, ,0 2,00,0,28,0,00,20,8 8,0 8,00 2,30,6,00,0, ,00 2,0,8,23,00,0,28,3 8,00 8,0 2,38,6,0,600,03 8 2,0 2,600,8,28,0,600,3,8 8,0 8,600 2,38,8,600,60, ,600 2,60,3,263,600,60,3,63 8,600 8,60 2,33,,60,00, ,60 2,00,00,268,60,00,0,68 8,60 8,00 2,00,,00,0,08 3 2,00 2,0,08,23,00,0,8,3 8,00 8,0 2,08 2,006,0,800,06 8 2,0 2,800,,28,0,800,6,8 8,0 8,800 2, 2,0,800,80, ,800 2,80,23,283,800,80,3,83 8,800 8,80 2,23 2,02,80,00, ,80 2,00,30,288,80,00,80,88 8,80 8,00 2,30 2,02,00,0, ,00 2,0,38,23,00,0,88,3 8,00 8,0 2,38 2,036,0,000,0 8 2,0 3,000,,28,0 6,000,,8 8,0,000 2, 2,0,000 3,000 6,000,000,000,00,3,003 3,000 3,00,3,303 6,000 6,00 2,003,603,000,00 2,3 2,0,00,0,,008 3,00 3,0,60,308 6,00 6,0 2,0,60,00,0 2,60 2,0,0,,8,03 3,0 3,,68,33 6,0 6, 2,08,66,0, 2,68 2,066,,200,2,08 3, 3,200,,38 6, 6,200 2,02,62,,200 2, 2,0,200,20,33,023 3,200 3,20,83,323 6,200 6,20 2,033,63,200,20 2,83 2,08,20,300,,028 3,20 3,300,0,328 6,20 6,300 2,00,63,20,300 2,0 2,08,300,30,8,033 3,300 3,30,8,333 6,300 6,30 2,08,66,300,30 2,8 2,06,30,00,,038 3,30 3,00,60,338 6,30 6,00 2,0,6,30,00 2,0 2,,00,0,63,03 3,00 3,0,63,33 6,00 6,0 2,063,66,00,0 2,3 2,,0,00,0,08 3,0 3,00,620,38 6,0 6,00 2,00,66,0,00 2,20 2,,00,0,8,03 3,00 3,0,628,33 6,00 6,0 2,08,66,00,0 2,28 2,26,0,600,8,08 3,0 3,600,63,38 6,0 6,600 2,08,68,0,600 2,3 2,3,600,60,3,063 3,600 3,60,63,363 6,600 6,60 2,03,6,600,60 2,3 2,,60,00,200,068 3,60 3,00,60,368 6,60 6,00 2,0,6,60,00 2,0 2,,00,0,208,03 3,00 3,0,68,33 6,00 6,0 2,8,06,00,0 2,8 2,6,0,800,2,08 3,0 3,800,66,38 6,0 6,800 2,,,0,800 2,6 2,6,800,80,223,083 3,800 3,80,63,383 6,800 6,80 2,23,2,800,80 2,3 2,,80,00,230,088 3,80 3,00,680,388 6,80 6,00 2,30,2,80,00 2,80 2,,00,0,238,03 3,00 3,0,688,33 6,00 6,0 2,38,36,00,0 2,88 2,86,0,000,2,08 3,0,000,6,38 6,0,000 2,,,0 20,000 2, 2,,000,000,000 20,000,000,00,23,3,000,00,03,03,000,00 2,3, 20,000 20,00 2,603 2,20,00,0,260,8,00,0,,08,00,0 2,60, 20,00 20,0 2,6 2,20,0,,268,3,0,,8,3,0, 2,68,66 20,0 20, 2,68 2,26,,200,2,8,,200,2,8,,200 2,, 20, 20,200 2,62 2,22,200,20,283,23,200,20,33,23,200,20 2,83,8 20,200 20,20 2,633 2,23,20,300,20,28,20,300,0,28,20,300 2,0,8 20,20 20,300 2,60 2,23,300,30,28,33,300,30,8,33,300,30 2,8,6 20,300 20,30 2,68 2,26,30,00,30,38,30,00,,38,30,00 2,20,80 20,30 20,00 2,6 2,2,00,0,33,3,00,0,63,3,00,0 2,23,8 20,00 20,0 2,663 2,26,0,00,320,8,0,00,0,8,0,00 2,220,8 20,0 20,00 2,60 2,26,00,0,328,3,00,0,8,3,00,0 2,228,826 20,00 20,0 2,68 2,26,0,600,33,8,0,600,8,8,0,600 2,23,83 20,0 20,600 2,68 2,28,600,60,33,63,600,60,3,63,600,60 2,23,8 20,600 20,60 2,63 2,2,60,00,30,68,60,00,800,68,60,00 2,20,8 20,60 20,00 2,00 2,2,00,0,38,3,00,0,808,3,00,0 2,28,86 20,00 20,0 2,08 2,306,0,800,36,8,0,800,8,8,0,800 2,26,86 20,0 2, 2,3,800,80,33,83,800,80,823,83,800,80 2,23,8 20,80 2,23 2,32,80,00,380,88,80,00,830,88,80,00 2,280,8 20,80 20,00 2,30 2,32,00,0,388,3,00,0,838,3,00,0 2,288,886 20,00 20,0 2,38 2,336,0 2,000,3,8,0,000,8,8,0 8,000 2,2,8 20,0 2,000 2, 2,3 ( 38 FINANIA FITNSS FOR IF: Tachr Gui Gras -2 uncil fr cnmic ucatin

4 THM 2 ssn : Uncl Sam Taks a Bit VISUA. Jack s mplt Frm 0Z Answrs t xrcis.3 Jack. Alln Mapl Strt Anytwn, MO ,0,80,380 2 FINANIA FITNSS FOR IF: Tachr Gui Gras -2 uncil fr cnmic ucatin 3

5 VISUA. THM 2 ssn : Uncl Sam Taks a Bit Jill s mplt Frm 0Z Answrs t xrcis. Dpartmnt f th Trasury Intrnal Rvnu Srvic Frm Incm Tax Rturn fr Singl an 0Z Jint Filrs With N Dpnnts () 2008 OMB N. -00 abl (S pag.) Us th IRS labl. Othrwis, plas print r typ. Prsintial lctin ampaign (pag ) Incm Attach Frm(s) W-2 hr. ncls, but nt attach, any paymnt. Paymnts an tax A B H R hck hr if yu, r yur spus if a jint rturn, want $3 t g t this fun Wags, salaris, an tips. This shul b shwn in bx f yur Frm(s) W-2. Attach yur Frm(s) W-2. 2 Taxabl intrst. If th ttal is vr $,00, yu cannt us Frm 0Z. 2 3 Unmplymnt cmpnsatin an Alaska Prmannt Fun ivins (s pag ). 3 Yur first nam an initial Jill O. If a jint rturn, spus s first nam an initial Hm arss (numbr an strt). If yu hav a P.O. bx, s pag. 6 Swtbriar an ity, twn r pst ffic, stat, an ZIP c. If yu hav a frign arss, s pag. Anytwn, MO 23 Jns A lins, 2, an 3. This is yur ajust grss incm. If smn can claim yu (r yur spus if a jint rturn) as a pnnt, chck th applicabl bx(s) blw an ntr th amunt frm th wrksht n back. Yu Spus If n n can claim yu (r yur spus if a jint rturn), ntr $8,0 if singl; $,00 if marri filing jintly. S back fr xplanatin. Apt. n. 6 Subtract lin frm lin. If lin is largr than lin, ntr -0-. This is yur taxabl incm. 6 Fral incm tax withhl frm bx 2 f yur Frm(s) W-2. 8a arn incm crit (I) (s pag 2). 8a b Nntaxabl cmbat pay lctin. 8b Rcvry rbat crit (s wrksht n pags an 8). Yur scial scurity numbr Spus s scial scurity numbr Yu must ntr yur SSN(s) abv. hcking a bx blw will nt chang yur tax r rfun. Yu 8,0,80,33 Spus A lins, 8a, an. Ths ar yur ttal paymnts.,33 Rfun Hav it irctly psit! S pag 8 an fill in 2b, 2c, an 2 r Frm Amunt yu w Thir party sign Sign hr Jint rturn? S pag 6. Kp a cpy fr yur rcrs. Pai prparrʼs us nly Tax. Us th amunt n lin 6 abv t fin yur tax in th tax tabl n pags f th bklt. Thn, ntr th tax frm th tabl n this lin. b Ruting numbr If lin is largr than lin, subtract lin frm lin. This is yur rfun. If Frm 8888 is attach, chck hr Accunt numbr 3 If lin is largr than lin, subtract lin frm lin. This is th amunt yu w. Fr tails n hw t pay, s pag. D yu want t allw anthr prsn t iscuss this rturn with th IRS (s pag 20)? Dsign s nam Fr Disclsur, Privacy Act, an Paprwrk Ructin Act Ntic, s pag 3. c Typ: hcking at. N. 32W Savings 3 Ys. mplt th fllwing. Unr pnaltis f prjury, I clar that I hav xamin this rturn, an t th bst f my knwlg an blif, it is tru, crrct, an accuratly lists all amunts an surcs f incm I rciv uring th tax yar. Dclaratin f prparr (thr than th taxpayr) is bas n all infrmatin f which th prparr has any knwlg. Yur signatur Yur ccupatin Daytim phn numbr Spus s signatur. If a jint rturn, bth must sign. Prparr s signatur Firm s nam (r yurs if slf-mply), arss, an ZIP c Phn n. Spus s ccupatin Prsnal intificatin numbr (PIN) hck if slf-mply IN Phn n., Prparr s SSN r PTIN N Frm 0Z (2008) 0 FINANIA FITNSS FOR IF: Tachr Gui Gras -2 uncil fr cnmic ucatin

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