TEACHING AND LEARNING PAYING TAXES MONEY WORKSHEET INCOME TAX RETURN LESSON PLAN PREPARING

 

FEDERAL INCOME TAX 1040 WORKSHEET LESSON

 

 

 

LESSON LEARNED

 

Practice filling out the Federal Income Tax 1040 tax form.
 

OTHER SKILLS REINFORCED

 

Math

Addition, Subtraction

Percentages
 

SUGGESTED

GRADE LEVELS

7+

Anyone who wants to learn and practice filling out a simple tax form.
 

 

Suggested Money Lesson Plan for this Worksheet

Give an introductory lesson about paying taxes to your students. 

 

Hand out the 1040 form to the students and explain to them each of the lines on the form.  Also explain some terms such as IRS, W-2, Wages, Gross Income, Total Income, Adjusted Gross Income, Taxable Income, etc.

 

As you walk through the form, explain that you start with money earned (wages, salaries, tips, etc.) and then calculate taxes based on this money earned and other sources of income.  If you get a paycheck, then taxes are normally already removed.  When you calculate your taxes, you will find out that you either paid too much in taxes, and will get a refund, or that you did not pay enough and will have to pay additional taxes to the government.
 

WORKSHEET Instructions

 

 

This worksheet contains a random information required for filling the the IRS  tax form, the 1040.

 

Students should use the information to fill out the form.  Print out both the worksheet as well as the tax form below.

 

Includes 1040 tax form for 2021 year taxes for the 2022 tax season. Tax season for 2022 is from Monday, January 24th to Monday, April 18th, 2022.

 

 

 

 

 

 

 

 

 

WORKSHEET

 

This worksheet may be customized by the following settings,

including personalizing the worksheet with your own chosen name.

 

 

 

 

You may personalize this worksheet with a name you

select by entering the name in the box below.

 

 Name  

 

 

 

Note - Requires FULL Membership

 

Also print out the 1040 form for this worksheet:

Form 1040

Also available 2021 1040 for 2022 taxes:

2021 Form 1040

note -- adobe acrobat required.

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 



Go back to worksheet info  

   

 

 

 

You may come back to these worksheet links more than once if your students are having trouble mastering this concept, since these are RANDOM worksheets. Every time you choose the link (or press "refresh" on your browser) a NEW worksheet will be generated.

 

 

 

Federal Income Tax 1040 Lesson