1) This document is an IRS Form 1040EZ for the 2010 tax year. It is for filing a basic income tax return for single or married taxpayers with no dependents.
2) The taxpayer, Elizabeth Yang, is filing as single and reports $40,000 in wages on Line 1.
3) Based on the taxpayer's filing status and income, their standard deduction of $9,350 is entered on Line 5. After subtracting the standard deduction from wages, the taxpayer's taxable income is $30,650.
4) Using the tax table, the taxpayer's tax due is $4,183, as shown on Line 11. Since no payments or credits are reported, the