- Federal Income Tax Rates:
- **TAXTABLE_2019_DEFINITION**
- Filing status
- For the 1040-EZ there are two filing status options: Single or Married filing jointly. To file under a different status, you will need to use a different tax form such as the 1040 or 1040-A. The table below summarizes the five possible filing status choices, including the two that are available for the 1040-EZ. It is important to understand that your marital status as of the last day of the year determines your filing status.
Married Filing Jointly | If you are married, you are able to file a joint return with your spouse. If your spouse died during the tax year, you are still able to file a joint return for that year. You may also choose to file separately under the status "Married Filing Separately". |
Qualified Widow(er) | Generally, you qualify for this status for two years after the year of your spouse's death, as long as you and your spouse filed a joint tax return in the year immediately prior to their death. You are also required to have at least one dependent child or stepchild for whom you are the primary provider. |
Single | If you are divorced, legally separated or unmarried as of the last day of the year you should use this status. |
Head of Household | This is the status for unmarried individuals that pay for more than half of the cost to keep up a home. This home needs to be the main home for the income tax filer and at least one qualifying relative. You can also choose this status if you are married, but didn't live with your spouse at any time during the last six months of the year. You also need to provide more than half of the cost to keep up your home and have at least one dependent child living with you. |
Married Filing Separately | If you are married, you have the choice to file separate returns. The filing status for this option is "Married Filing Separately". |
- Dependent status
- A dependent is someone you support and for whom you can claim a dependency exemption. In this case, you need to select the dependent status for you and your spouse.
- Wages, salaries, tips, etc.
- Total income you received from wages, salaries and tips. The 1040-EZ calculator does not support other types of income. If you have income from other sources you may need to use the 1040 Tax Form.
- Unemployment compensation
- If you collected any unemployment compensation, it is considered taxable income. Enter the total amount received here.
- Taxable interest
- If you received any interest that is subject to income taxes, enter the total amount received here.
- Standard deduction
- Your standard deduction is used to reduce your taxable income if you do not use Schedule A to itemize your deductions, or if your Schedule A itemized deduction is less than your standard deduction. Your standard deduction is based on your filing status. For 2019, the standard deductions are: **STANDARDDEDUCTION_2019_DEFINITION**
- Taxable income
- This is your total taxable income. It is calculated as your total income minus your standard deduction and your deduction for exemptions.
- Earned income credit
- If you qualify for earned income credit, we will automatically calculate the amount. Please note that this calculator doesn't take into consideration the impact of scholarships, penal income and retirement income on your Earned Income Credit (EIC).
- Federal income tax withheld
- Enter the total of all federal income tax that you expect to have withheld from your pay throughout the year. We will use this amount to calculate your total refund or amount you may owe.