Tax Return Paper
Business Finance
Complete the federal income tax forms for a married couple (information provided in It is up to the student which forms are used from the following list (blank copies of all forms are available in your classroom in Week 5 under Final Paper).
- Form 1040
- Form 1040A
- Schedule 1 (Links to an external site.) (Form 8849 Nontaxable Use of Fuels)
- Schedule 2 (Links to an external site.) (Form 8849 Sales by Registered Ultimate Vendors)
- Schedule A (Form 1040) : Itemized Deductions
- Schedule B ( Form 1040A or 1040): Interest and Ordinary Dividends
- Schedule D (Form 1040): Capital Gains and Losses
The assignment can be completed without the TaxAct CD.
Upon completing the return, the student will submit a three to six page paper describing why they chose the forms and how the federal income tax return forms work. The student will submit both the tax return (all forms used) and the paper to their instructor.
Writing the Final Paper
The Final Paper:
1. Must be three to six double-spaced pages in length, and formatted according to APA style
2. Must include a title page with the following:
- Title of paper
- Student’s name
- Course name and number
- Instructor’s name
- Date submitted
3. Must begin with an introductory paragraph that has a succinct thesis statement.
4. Must address the topic of the paper with critical thought.
5. Must end with a conclusion that reaffirms your thesis.
6. Must use at least five scholarly sources
7. Must document all sources in APA style,
8. Must include a separate reference page, formatted according to APA style
Appendix and Forms
Link to Forms (Links to an external site.) (http://www.irs.gov/formspubs/index.html?portlet=103M)
