Tax+Project

=Mock Federal/State Income Tax Project=

Tax Time – it’s hectic, but important!

For this project, you will be required to complete a Federal 1040EZ Form, as well as a California CA540A Return.

• This instruction sheet • Mock W2 Form
 * What you will receive in class:**

• Use income numbers to your W2 form to complete project. Note that your interest income is at the bottom right corner. (In real life, you would receive this info. in separate documents.) • Download appropriate Federal and State income tax forms. • Access appropriate instruction books for Federal and State income tax forms. • Complete forms using income information provided in class, using blue or black ink. • DO NOT USE YOUR REAL SOCIAL SECURITY NUMBER! Use 123-45-6789 • DO NOT USE YOUR REAL BANK ACCOUNT INFORMATION IF YOU GET A REFUND! USE ZEROS • Ensure that you have signed and have appropriately assembled your return (include your W2). • Mail me your tax return. Properly address your envelope with return address. Postmark deadline is April 15. No exceptions. • Keep a copy of your return and W2 for your records, in case of audit or “lost in mail.”
 * Procedure:**

=• Tax returns must be mailed and postmarked no later than November 28. No exceptions.= =__• Keep a copy of your return and W2 for your records, in case of audit or “lost in mail.”__=

• The government makes it your responsibility to download, print and figure out how to complete forms and instructions. Read and follow the instructions! (HINT: Your parents can claim you as a dependent on their tax return). Happy hunting! • IRS Web Site: http://www.irs.gov • California Franchise Board Web Site: http://ftb.ca.gov
 * Resources:**

Federal Return: 25 points State Return: 25 points Properly Addressing Envelope: 5 points
 * Point Value for Project:**