Question: fStandard Deduction for- s Single or Married filing separately, $13,850 s Married filing Jointly or Qualifying sUFviving spouse, $27,700 s Head of househald, $20,800 s
\fStandard Deduction for- s Single or Married filing separately, $13,850 s Married filing Jointly or Qualifying sUFviving spouse, $27,700 s Head of househald, $20,800 s If you checlked any box under Standard Deduction, see instructions, . . Taxable amount .. ... ... 5a Pensions and annuities | 5a ' : ; Taxable amount .. . .00 6a Social security benefits | 6a If you elect to use the lump-sum election method, checlk here {see instructions) . . . . C .o Capital gain or {loss), Attach Schedule D if required. If not reguired, checl here . . .. .o additional income from Schedule 1, line 10, .. 00 000 0 e add lines 1z, b, 3h, 4b, 5h, &b, 7, and &. This is your total income . . ... ... .. .. adjustrnents to income from Schedule 1, e 26 . .. 0000 e oo e e Subtract line 10 from line 9, This is your adjusted gross income . ... .. ..... .. Standard deduction or itemized deductions (from Schedule &% . ... .. ... .. i Zalified business income deduction from Form 8995 or Form 8995-A . ... 0000w A e A L R R R N R R R 14 Subtract line 14 frarm line 11, If zero or less, enter -0-. This is your takable income \fRefund Direct deposit? See instructions, 33 35a 36 ,,,,,,,,,,, 32 Add lines 25d, 26, and 32, These are your total payments . . .. ........... ... g If line 33 is more than line 24, subtract line 24 from line 33, This is the amount you OVErpaid . . . s 34 aArmount of line 34 you want refunded to you. If Form 8888 is attached, check here | 35a Fouting numberm c Type: O Checking 0O Savings Account number | | | | | | | | | Armount of line 34 you want applied to your 2024 e I e A ........ 36 U1 \fPart I Total Additional Medicare Tax 18 add lines 7, 13, and 17, Also include this amount on Schedule 2 (Form 1040), line 11 (Form 1040- e e e i I T O R ) G e Part Withholding Reconciliation 19 20 21 22 23 24 Medicare tax withheld from Formn W-2, box 6. If vou have more than one Form W-2, enter the total of the amounts from box 6 ... ... Enter the anodnt i o e R R R HE Multiply line 20 by 1.45%: {0.0145), This is your regular Medicare tax withholding on Medicare wages . . 0 0 i e Subtract line 21 from line 19, If zero or less, enter -0-, This is your Additional Medicare Tax R O o S A S o B i B B B bow 1d (see ImstrUCh OmS ) L o o additional Medicare Tax withholding on railroad retirernent (RRTA) compensation from Form Wi-2, ! | Bl T o T P T e T D A e e Total Additional Medicare Tax withholding. Add lines 22 and 23, 4lso include this amount with federal income tax withholding on Form 1040, 1040-SR, or 1040-NR, line 25c (Form 1040-5% filers, 24 | \f\f\f\f\f\f\f\f\f\f\f\fPart II Federal Unemployment {FUTA}) Tax 10 Did you pay unemployrment contributions to only one state? If you paid contributions to a credit reduction state, see instructions and check \"NO . . . . . e 11 Did you pay all state unemployment contributions for 2023 by April 15, 20247 Fiscal yvear filers, see instructions 12 were all wages that are taxable for FUTA tax also taxable for your state's unemployvment tax? ... ... Next: If you checked the "Yes" box on all the lines above, complete Section A, If yvou checked the \"No box on any of the lines above, skip Section & and complete Section B. Section A 13 Marme of the state where yvou paid unemployment contributions - W Contributions paid to your state unemploymentfund . L 000 15 Taitalicas b an e ses D Te o e B T B s o o 0O o 0D o o O A R T 16 FUTA tax. Multiply line 15 by 0.6% (0.008), Enter the result here, skip Section B, and go to line 25 . . . . \fMote: If your only income subject to self-employment tax is church employee income, see instructions for how to report your income and the definition of church employee income, & If you are a minister, member of a religious order, or Christian Science practitioner and you filed Form 4361, but you had $400 or more of other net earnings from self-employment, check here and continue with Part I . o000 oo oo v v e Skip lines 1a and 1b if vou use the farm optional method in Part 11, See instructions. 1a If a Met farm profit or {loss) from Schedule F, line 34, and farm partnerships, Schedule K-1 (Form 1065), Lo s B [ T T b If you received social security retirernent or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F, line 4b, or listed on Schedule k-1 (Form 1065, box 20, code AH Zkip line 2 if you use the nonfarm optional method in Part I1. See instructions, 2 Met profit or (loss) from Schedule C, line 31; and Schedule K-1 (Form 1065), box 14, code & (other than farming). See instructions for other income to report or if yvou are a minister or member of a religious order OB e e s A D A 25 s oo vna wiviond b a0 5378 8 WA R R R R SR T 4a If line 3 is more than zero, multiply line 3 by 92.35% (0.9235). Ctherwise, enter amount from line 3 . Mote: If line 4a is less than $400 due to Conservation Reserve Prograr payments on line 1b, see instructions., If you elect one or both of the optional methods, enter the total of lines 15 and 17 here ... ... oL Combine lines 4a and 4b, If less than $400, stop; vou don't owe self-employment tax, Exception: If less than $400 and you had church employee income, enter -0- and continue . . .. ... . ... ... .. la 1b 4a 4hb 4c Ga 10 11 12 13 e e e S 3 S B S S i Maximurm amount of combined wages and self-employrment earnings subject to social security tax or the 6.2% portion of the 7.65% railroad retirement (tier 1 tax for 2023 . . . . 0 0 0 o 160,200 Total social security wages and tips {total of boxes 3 and 7 on Formi(s) w-2) and railroad retirement (tier 1) compensation, If $160,200 or more, skip lines gbithrotigh-L0;:atdagoidta lime EEGssdaiusmianuuaisumnnesnsngs Unreported tips subject to social security tax from Form 4137, line 10 .. . . Wages subject to social security tax from Formn 8919, line 10 . ... ... o0 B d e s 8a B A M BO e R R R R R R R R Subtract line &8d from line 7. If zero or less, enter -0- here and on line 10 and go to line 11 .. ... ... .. Multiply the smaller of line 6 orline 2 by 12.4% (0,124 o o e s e s M s i b B e D D B s e T R O P R R R R e e Self-employment tax. Add lines 10 and 11, Enter here and on Schedule 2 (Form 1040), line 4, or Form 1040-5S, Part I, line 3 ... ... Deduction for one-half of self-employment tax. Multiply line 12 by 50% (0.50). Enter here and on Schedule 1 (Form O i T S A s s \f
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