Taxation Project 2

Fo rm1040 2023U.S. Individual Income Tax Return

Department of the Treasury—Internal Revenue Service

OMB No. 1545-0074 IRS Use Only—Do not write or staple in this space.

For the year Jan. 1–Dec. 31, 2023, or other tax year beginning , 2023, ending , 20 See separate instructions.

Your first name and middle initial Last name Your social security number

If joint return, spouse’s first name and middle initial Last name Spouse’s social security number

Home address (number and street). If you have a P.O. box, see instructions. Apt. no.

City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code

Foreign country name Foreign province/state/county Foreign postal code

Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund.

You Spouse

Filing Status Check only one box.

Single Head of household (HOH)

Married filing jointly (even if only one had income)

Married filing separately (MFS) Qualifying surviving spouse (QSS)

If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QSS box, enter the child’s name if the qualifying person is a child but not your dependent:

Digital Assets

At any time during 2023, did you: (a) receive (as a reward, award, or payment for property or services); or (b) sell, exchange, or otherwise dispose of a digital asset (or a financial interest in a digital asset)? (See instructions.) Yes No

Standard Deduction

Someone can claim: You as a dependent Your spouse as a dependent

Spouse itemizes on a separate return or you were a dual-status alien

Age/Blindness You: Were born before January 2, 1959 Are blind Spouse: Was born before January 2, 1959 Is blind

Dependents (see instructions):

If more than four dependents, see instructions and check here . .

(2) Social security number

(3) Relationship to you

(4) Check the box if qualifies for (see instructions):

(1) First name Last name Child tax credit Credit for other dependents

Income Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld.

If you did not get a Form W-2, see instructions.

1 a Total amount from Form(s) W-2, box 1 (see instructions) . . . . . . . . . . . . . 1a

b Household employee wages not reported on Form(s) W-2 . . . . . . . . . . . . . 1b

c Tip income not reported on line 1a (see instructions) . . . . . . . . . . . . . . 1c

d Medicaid waiver payments not reported on Form(s) W-2 (see instructions) . . . . . . . . 1d

e Taxable dependent care benefits from Form 2441, line 26 . . . . . . . . . . . . 1e

f Employer-provided adoption benefits from Form 8839, line 29 . . . . . . . . . . . 1f

g Wages from Form 8919, line 6 . . . . . . . . . . . . . . . . . . . . . 1g

h Other earned income (see instructions) . . . . . . . . . . . . . . . . . . 1h

i Nontaxable combat pay election (see instructions) . . . . . . . 1i

z Add lines 1a through 1h . . . . . . . . . . . . . . . . . . . . . . 1z

Attach Sch. B if required.

2a Tax-exempt interest . . . 2a b Taxable interest . . . . . 2b

3a Qualified dividends . . . 3a b Ordinary dividends . . . . . 3b

4a IRA distributions . . . . 4a b Taxable amount . . . . . . 4b

5a Pensions and annuities . . 5a b Taxable amount . . . . . . 5b

6a Social security benefits . . 6a b Taxable amount . . . . . . 6b

c If you elect to use the lump-sum election method, check here (see instructions) . . . . .

7 Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . . 7

8 Additional income from Schedule 1, line 10 . . . . . . . . . . . . . . . . . 8

9 Add lines 1z, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income . . . . . . . . . . 9

10 Adjustments to income from Schedule 1, line 26 . . . . . . . . . . . . . . . 10

11 Subtract line 10 from line 9. This is your adjusted gross income . . . . . . . . . . 11

Standard Deduction for— • Single or

Married filing separately, $13,850

• Married filing jointly or Qualifying surviving spouse, $27,700

• Head of household, $20,800

• If you checked any box under Standard Deduction, see instructions.

12 Standard deduction or itemized deductions (from Schedule A) . . . . . . . . . . 12

13 Qualified business income deduction from Form 8995 or Form 8995-A . . . . . . . . . 13

14 Add lines 12 and 13 . . . . . . . . . . . . . . . . . . . . . . . . 14 15 Subtract line 14 from line 11. If zero or less, enter -0-. This is your taxable income . . . . . 15

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2023)

Form 1040 (2023) Page 2

Tax and Credits

16 Tax (see instructions). Check if any from Form(s): 1 8814 2 4972 3 . . 16

17 Amount from Schedule 2, line 3 . . . . . . . . . . . . . . . . . . . . 17

18 Add lines 16 and 17 . . . . . . . . . . . . . . . . . . . . . . . . 18

19 Child tax credit or credit for other dependents from Schedule 8812 . . . . . . . . . . 19

20 Amount from Schedule 3, line 8 . . . . . . . . . . . . . . . . . . . . 20

21 Add lines 19 and 20 . . . . . . . . . . . . . . . . . . . . . . . . 21

22 Subtract line 21 from line 18. If zero or less, enter -0- . . . . . . . . . . . . . . 22

23 Other taxes, including self-employment tax, from Schedule 2, line 21 . . . . . . . . . 23 24 Add lines 22 and 23. This is your total tax . . . . . . . . . . . . . . . . . 24

Payments 25 Federal income tax withheld from:

a Form(s) W-2 . . . . . . . . . . . . . . . . . . 25a

b Form(s) 1099 . . . . . . . . . . . . . . . . . . 25b

c Other forms (see instructions) . . . . . . . . . . . . . 25c

d Add lines 25a through 25c . . . . . . . . . . . . . . . . . . . . . . 25d

26 2023 estimated tax payments and amount applied from 2022 return . . . . . . . . . . 26If you have a qualifying child, attach Sch. EIC.

27 Earned income credit (EIC) . . . . . . . . . . . . . . 27

28 Additional child tax credit from Schedule 8812 . . . . . . . . 28

29 American opportunity credit from Form 8863, line 8 . . . . . . . 29

30 Reserved for future use . . . . . . . . . . . . . . . 30

31 Amount from Schedule 3, line 15 . . . . . . . . . . . . 31

32 Add lines 27, 28, 29, and 31. These are your total other payments and refundable credits . . 32 33 Add lines 25d, 26, and 32. These are your total payments . . . . . . . . . . . . 33

Refund 34 If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid . . 34

35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here . . . . 35a Direct deposit? See instructions.

b Routing number c Type: Checking Savings

d Account number 36 Amount of line 34 you want applied to your 2024 estimated tax . . . 36

Amount You Owe

37 Subtract line 33 from line 24. This is the amount you owe. For details on how to pay, go to www.irs.gov/Payments or see instructions . . . . . . . . 37

38 Estimated tax penalty (see instructions) . . . . . . . . . . 38

Third Party Designee

Do you want to allow another person to discuss this return with the IRS? See instructions . . . . . . . . . . . . . . . . . . . . . Yes. Complete below. No Designee’s name

Phone no.

Personal identification number (PIN)

Sign Here

Joint return? See instructions. Keep a copy for your records.

Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Your signature Date Your occupation If the IRS sent you an Identity Protection PIN, enter it here (see inst.)

Spouse’s signature. If a joint return, both must sign. Date Spouse’s occupation If the IRS sent your spouse an Identity Protection PIN, enter it here (see inst.)

Phone no. Email address

Paid Preparer Use Only

Preparer’s name Preparer’s signature Date PTIN Check if:

Self-employed

Firm’s name Phone no.

Firm’s address Firm’s EIN

Go to www.irs.gov/Form1040 for instructions and the latest information. Form 1040 (2023)

Version A, Cycle 7

INTERNAL USE ONLY

DRAFT AS OF

October 23, 2023

Version A, Cycle 7

INTERNAL USE ONLY

DRAFT AS OF

October 23, 2023

2023 Form 1040

SE:W:CAR:MP

U.S. Individual Income Tax Return

Form

1040

2023

2023. Cat. No. 11320B.

U.S. Individual Income Tax Return

Department of the Treasury—Internal Revenue Service

OMB No. 1545-0074

O M B No. 1545-0074. For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.

IRS Use Only—Do not write or staple in this space.

See separate instructions.

Presidential Election Campaign

Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund.

Filing Status

Check only one box.

Single

Head of household (HOH)

Married filing jointly (even if only one had income)

Married filing separately (MFS)

Qualifying surviving spouse (QSS)

If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QSS box, enter the child’s name if the qualifying person is a child but not your dependent:

Digital Assets

At any time during 2023, did you: (a) receive (as a reward, award, or payment for property or services); or (b) sell, exchange, or otherwise dispose of a digital asset (or a financial interest in a digital asset)? (See instructions.) 

Standard Deduction

Someone can claim:

You as a dependent

Your spouse as a dependent

Spouse itemizes on a separate return or you were a dual-status alien

Age/Blindness

You:

Were born before January 2, 1959

Are blind

Spouse:

Was born before January 2, 1959

Is blind

Dependents

(see instructions):

If morethan four dependents, see instructions and checkhere          

(2) Social securitynumber

(3) Relationshipto you

(4) Check the box if qualifies for (see instructions):

(1) First name           Last name

(2) Social security number.

(3) Relationship to you.

Child tax credit

(4) Check the box if qualifies for (see instructions): Child tax credit.

Credit for other dependents

(4) Check the box if qualifies for (see instructions): Credit for other dependents.

Income

Attach Form(s) W-2 here. Also attach Forms W-2G and 1099-R if tax was withheld. 

If you did not get a Form W-2, see instructions.

1

a

Total amount from Form(s) W-2, box 1 (see instructions)          

1a

b

Household employee wages not reported on Form(s) W-2          

1b

c

Tip income not reported on line 1a (see instructions)         

1c

d

Medicaid waiver payments not reported on Form(s) W-2 (see instructions)           

1d

e

Taxable dependent care benefits from Form 2441, line 26           

1e

f

Employer-provided adoption benefits from Form 8839, line 29           

1f

g

Wages from Form 8919, line 6           

1g

h

Other earned income (see instructions)           

1h

i

Nontaxable combat pay election (see instructions)           

1i

z

Add lines 1a through 1h           

1z

Attach Sch. B if required.

2a

Tax-exempt interest          

2a

b  Taxable interest           

2b

3a

Qualified dividends          

3a

b  Ordinary dividends          

3b

4

a

IRA distributions          

4a

b  Taxable amount          

4b

5

a

Pensions and annuities          

5a

b  Taxable amount          

5b

6

a

Social security benefits          

6a

b  Taxable amount          

6b

c

If you elect to use the lump-sum election method, check here (see instructions)           

7

Capital gain or (loss). Attach Schedule D if required. If not required, check here          

7

8

Additional income from Schedule 1, line 10          

8

9

Add lines 1z, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income          

9

10

Adjustments to income from Schedule 1, line 26          

10

11

Subtract line 10 from line 9. This is your adjusted gross income          

11

Standard Deduction for—

• Single or Married filing separately,  $13,850

• Married filing  jointly or Qualifyingsurviving spouse,$27,700

• Head of household,$20,800

• If you checked any box under Standard Deduction,see instructions.

12

Standard deduction or itemized deductions (from Schedule A)          

8. Enter the standard deduction; otherwise, attach Schedule A. Dollars.

12

13

Qualified business income deduction from Form 8995 or Form 8995-A          

13

14

Add lines 12 and 13          

14

15

Subtract line 14 from line 11. If zero or less, enter -0-. This is your taxable income           

15

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.

Cat. No. 11320B

Form 1040 (2023)

Form 1040 (2023)

Page 2

Tax and Credits

16

Tax (see instructions). Check if any from Form(s): 

1

2

3

         

16

17

Amount from Schedule 2, line 3          

17

18

Add lines 16 and 17           

18

19

Child tax credit or credit for other dependents from Schedule 8812          

19

20

Amount from Schedule 3, line 8          

20

21

Add lines 19 and 20          

21

22

Subtract line 21 from line 18. If zero or less, enter -0-          

22

23

Other taxes, including self-employment tax, from Schedule 2, line 21          

23

24

Add lines 22 and 23. This is your total tax          

24

Payments

25

Federal income tax withheld from:

a

Form(s) W-2          

25a

b

Form(s) 1099          

25b

c

Other forms (see instructions)          

25c

d

Add lines 25a through 25c          

25d

26

2023 estimated tax payments and amount applied from 2022 return          

26

If you have a qualifying child, attach Sch. EIC.

27

Earned income credit (EIC)          

27

28

Additional child tax credit from Schedule 8812          

28

29

American opportunity credit from Form 8863, line 8          

29

30

Reserved for future use          

30

31

Amount from Schedule 3, line 15          

31

32

Add lines 27, 28, 29, and 31. These are your total other payments and refundable credits                             

32

33

Add lines 25d, 26, and 32. These are your total payments          

33

Refund

34

If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid          

34

35

a

Amount of line 34 you want refunded to you. If Form 8888 is attached, check here          

35a

Direct deposit?  See instructions. 

b

Routing number

c Type: 

d

Account number

36

Amount of line 34 you want applied to your 2024 estimated tax          

36

Amount You Owe

37

Subtract line 33 from line 24. This is the amount you owe.For details on how to pay, go to www.irs.gov/Payments or see instructions           

37

38

Estimated tax penalty (see instructions)          

38

Third Party  Designee 

Do you want to allow another person to discuss this return with the IRS? See instructions           

Designee’s name

Phone no.

Personal identificationnumber (PIN) 

Sign Here

Joint return? See instructions.  Keep a copy for your records. 

Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Your signature

Date

If the IRS sent you an Identity Protection PIN, enter it here (see inst.)

Spouse’s signature. If a joint return, both must sign. 

Date

If the IRS sent your spouse an Identity Protection PIN, enter it here (see inst.)

Paid Preparer Use Only

Preparer’s signature

Date

Check if:

Go to www.irs.gov/Form1040 for instructions and the latest information.

Form 1040 (2023)