Question

Acie is filing his federal income tax return with the 1040ez form, and he received two w-2 forms, with the federal income tax withheld on one being $3880, and the federal income tax withheld on the other being $260. if acie received a making work pay credit of $400, and if lines 9a and 9b in the payments, credits, and tax section below are $0, what should he enter on line 10? a. $4540 b. $4140 c. $3740 d. $4280

Answer 1

Acie should enter $3740 on line 10 of his 1040ez form.

Step-by-step explanation:

To find what Acie should enter on line 10 of his 1040ez form, we need to calculate his total federal income tax withheld and subtract any credits. Acie received two W-2 forms, with federal income tax withheld amounts of $3880 and $260. We can add these two amounts together to get a total federal income tax withheld of $4140. Since Acie received a making work pay credit of $400, we subtract this credit from the total federal income tax withheld: $4140 - $400 = $3740. Therefore, Acie should enter $3740 on line 10.

Answer 2

Acie should add the federal income tax withheld from both W-2 forms and the Making Work Pay credit to get a total of $4540 for line 10 on the 1040EZ form.

Step-by-step explanation:

Acie should calculate his total credits and withholdings to determine what to enter on line 10 of his 1040EZ form. He needs to add federal income tax withheld from both W-2 forms and the Making Work Pay credit.

1. Federal income tax withheld from first W-2: $3880
2. Federal income tax withheld from second W-2: $260
3. Making Work Pay credit: $400
4. Total payments and credits: $3880 + $260 + $400 = $4540

Therefore, the correct entry for line 10 would be $4540, which is option (a).