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PRINT Download Form Department of Revenue and Taxation 1040A Guam Individual Income Tax Return Clear Form Your first name and initial 2008 DRT Use Only Do not write or staple in this space. Last name
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How to fill out 2008 form 1040
How to fill out 2008 form 1040:
01
Gather all necessary documents, such as W-2s, 1099s, and any other income statements.
02
Begin by entering personal information, including your name, Social Security number, and filing status.
03
Fill out the income section, reporting all sources of income and entering the corresponding amounts.
04
Calculate adjustments to income, such as self-employed health insurance or IRA contributions, and subtract them from your total income.
05
Determine your taxable income by subtracting any applicable deductions and exemptions.
06
Calculate your tax liability using the tax tables provided or by using tax software.
07
Report any credits you qualify for, such as the child tax credit or education credits.
08
Subtract your credits from your tax liability to determine your total tax.
09
Report any payments made throughout the year, such as income tax withheld or estimated tax payments.
10
Calculate the difference between your total tax and payments, which will give you either a refund or an amount due.
11
If you owe taxes, consider sending a payment along with your completed form.
12
Sign and date the form before mailing it to the appropriate IRS address.
Who needs 2008 form 1040:
01
Individuals who had taxable income that year.
02
Taxpayers who were required to file a federal income tax return according to the IRS guidelines.
03
People who earned income from self-employment, rental properties, partnerships, or other sources beyond basic employment wages.
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