Form S 1040 PDF Details

Filing taxes can often seem like a daunting task, but understanding the essentials of specific forms can make the process smoother and less intimidating. An excellent example of such a form is the S-1040 individual return form, required by residents, non-residents, and part-year residents of Saginaw for the tax year 2007, due by April 30, 2008. This form is thorough, requesting detailed personal information, including one's social security number, residency status, and if applicable, similar details for a spouse. It meticulously guides taxpayers through reporting various income types, from wages and dividends to rental real estate incomes and capital gains, while also considering unique income sources or deductions such as military pay and alimony received or paid. Additionally, the S-1040 outlines the need to attach a copy of one's federal return, ensuring that income and deductions are accurately reported and synced with federal tax obligations. The form facilitates a clear understanding of exemptions and deductions, thus leading to the accurate calculation of taxable income. It also includes sections for calculating the tax owed or the refund due, incorporating specific rates for residents and non-residents, and allows for the direct deposit of refunds. Essential schedules like F and G assist in breaking down exemptions and employers, respectively, further detailing the taxpayer's financial year. Understanding the requirements and how to properly complete the S-1040 form is vital for complying with Saginaw's tax regulations and potentially maximizing one's return or minimizing tax liabilities.

QuestionAnswer
Form NameForm S 1040
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names1040r form, preparer, 2007, distributions

Form Preview Example

SAGINAW

 

 

 

 

 

DUE April 30, 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2007 S-1040

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INDIVIDUAL RETURN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Your First Name and Initial

 

 

Last Name

 

 

Your Social Security Number

 

If married filing separately,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Print Spouse's Name

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If Joint, Spouse's First Name and Initial

 

Last Name

 

 

Spouse Social Security Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mailing Address

 

 

 

 

 

 

 

 

 

 

 

RESIDENCY STATUS MUST COMPLETE SCHEDULE F & G on PAGE 2

 

Total EXEMPTIONS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

from Page 2

 

 

City/Town

 

 

 

 

 

 

 

 

 

 

State

 

Zip Code

 

 

RESIDENT

 

NONRESIDENT

 

PART-YEAR RESIDENT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

From federal return

 

 

Exclusions

 

 

Income subject to tax

 

ATTACH

1.

Wages, salaries, tips, etc.

 

 

 

 

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COPY OF

2.

Taxable interest and Ordinary dividends.

(RESIDENTS & PART-YEAR RESIDENTS ONLY)

2

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FEDERAL

3.

Alimony received.

 

 

 

 

 

 

 

 

 

 

 

 

 

3

 

 

 

 

 

 

 

 

 

 

 

 

00

RETURN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

Business income. (Attach copy of federal Schedule C.)

 

 

 

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

 

 

00

TO THE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

Capital gains or losses. (Attach copy of federal Schedule D.)

 

 

 

 

 

 

 

5

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BACK

6.

Other gains or losses. (Attach copy of federal Form 4797.)

 

 

 

 

 

 

 

6

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OF THIS

7.

Taxable IRA distributions. (Attach copy of Form 1099-R.)

 

 

 

 

 

 

 

7

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RETURN

8.

Taxable pension distributions. (Attach copy of Form 1099-R.)

 

 

 

 

 

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.

Rental real estate, royalties, partnerships, trusts, etc. (Attach copy of federal Schedule E.)

9

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10.

Subchapter S Corp distributions (Attach copy of federal Schedule K-1) RESIDENTS ONLY.

10

NOT APPLICABLE

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11.

Farm income or (loss). (Attach copy of federal Schedule F.)

 

 

 

 

 

 

 

11

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ATTACH

12.

Military pay

 

 

 

 

 

 

Unemployment Compensation

 

 

 

12

 

 

 

 

 

 

 

 

 

 

NOT TAXABLE

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FORMS

13.

Social security benefits.

 

 

 

 

 

 

 

 

 

13

 

 

 

 

 

 

 

 

 

 

NOT TAXABLE

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HERE

14.

Other income. List type and amount.

Type

 

 

Amount $

 

 

 

14

 

 

 

 

 

 

 

 

 

 

 

 

00

 

15.

 

 

Total income. Add lines 1 through 14.

 

 

 

 

 

 

 

15

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DEDUCTIONS

See instructions. Deductions must be allocated on the same basis as related income.

 

 

 

 

 

 

 

 

 

 

 

 

16.

Individual Retirement Account deduction. (ATTACH COPY OF PAGE 1 OF FEDERAL RETURN)

 

 

16

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17.

Self Employed SEP, SIMPLE and qualified plans. (ATTACH COPY OF PAGE 1 OF FEDERAL RETURN)

17

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18.

Employee business expenses. (SEE INSTRUCTIONS AND ATTACH COPY OF FEDERAL 2106)

 

 

18

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

19.

Moving expenses. (Into Taxing area only) (ATTACH COPY OF FEDERAL 3903)

 

 

 

 

 

 

19

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20.

Penalty on early withdrawal of savings. (ATTACH COPY OF PAGE 1 OF FEDERAL RETURN)

 

 

 

20

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

21.

Alimony paid. DO NOT INCLUDE CHILD SUPPORT (ATTACH COPY OF PAGE 1 OF FEDERAL RETURN)

21

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

22.

Renaissance Zone deduction. (ATTACH ORIGINAL CERTIFICATE)

 

 

 

 

 

 

22

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

23.

 

 

Total deductions. Add lines 16 through 22

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

23

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24.

 

 

Total income after deductions. Subtract line 23 from line 15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

25.

Amount for exemptions. (Number of exemptions, _____ x $750)

 

 

MUST COMPLETE EXEMPTION SCHEDULE ON PAGE 2

25

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ATTACH

26.

 

 

Total income subject to tax. Subtract line 25 from line 24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

26

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CHECK

27.

Tax at (MULTIPLY LINE 26 BY

 

.015 (Resident)

 

 

.0075 (Non-Resident)

 

% (Partial Resident-from table)

27

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OR

PAYMENTS AND CREDITS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MONEY

28.

Tax withheld by your employer (ATTACH 2007 W-2 FORMS showing Saginaw Tax Withheld)

 

 

 

28

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ORDER

29.

Payments on 2007 Declaration of Estimated IncomeTax, payments with an extension and credits forward from 2006.

29

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HERE

30.

Credit for tax paid to another city and for tax paid by a partnership. (ATTACH COPY OF OTHER CITY'S RETURN)

30

 

 

 

 

00

 

 

 

 

 

31.

FIREWORKS DONATION: PLEASE DONATE $1.00 OR MORE FOR THE ANNUAL FIREWORKS

 

 

31

(

)

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

32.

 

 

Total payments and credits. Add lines 28 through 30 and Subtract line 31.

 

 

 

 

 

 

 

 

 

 

 

 

32

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TAX DUE

33.

If tax (line 27) is larger than payments (line 32), Subtract line 32 from line 27. Enter tax due & pay with return.

TAX DUE 33

 

 

 

00

 

REFUND

34.

If line 32 is larger than line 27, Subtract line 27 from line 32.

 

Amount credited to 2008>

 

 

 

REFUND 34

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A.

Check box to authorize payment by Electronic Funds Withdrawal

B.

 

from the bank account listed below

 

 

C.

Routing number

D. Account number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Check box to Direct Deposit Refund to the bank account listed below

E. Account Type:

Checking

Savings

I declare that I have examined this return (including accompanying schedules and statements) and to the best of my knowledge and belief it is true, correct and complet If prepared by a person other than taxpayer, the preparer's declaration is based on all information of which he has any knowledg

====>

 

/

/

/

/

 

TAXPAYER'S SIGNATURE-If joint return, both husband and wife must sign.

DATE

PRINT NAME OF PREPARER

DATE

====>

 

/

/

PREPARER'S PHONE NUMBER

 

 

SPOUSE'S SIGNATURE

DATE

 

 

Please check appropriate box.

Yes you may discuss my return with my preparer

PAGE 1

Do not discuss my return with my preparer

SCHEDULE F- ADDRESSES.

ALL TOTALS FROM PAGE 2, GO ON PAGE 1

EXEMPTIONS SCHEDULE

 

 

 

 

Date of birth

Regular 65 & over

Blind

Box A. Number of boxes checked

You

 

 

 

 

 

Spouse

 

 

 

 

 

DEPENDENTS

 

 

Box B. Number of dependents

 

ATTACH COPY OF FEDERAL RETURN PAGE 1

 

(attach copy of Federal return Page 1)

Box C. Total Exemptions (Add Box A and Box B) (enter on Page 1, Line 25)

Box A

Box B

Box C

SCHEDULE A - NONRESIDENT WAGE ALLOCATION

IF YOU WERE A RESIDENT AT ANY TIME DURING THE YEAR DO NOT USE THIS SCHEDULE (SEE INSTRUCTIONS)

Wages earned partially outside the City of Saginaw

 

Employer#

Employer#

Employer#

Employer#

a. Actual number of days worked during 2007 include vacation, holiday and sick days

 

 

 

 

 

b. Actual number of days worked outside the City of Saginaw

 

 

 

 

 

c. Percentage of days worked outside the City of Saginaw (Line b divided by Line a)

 

%

%

%

%

d. Wages earned from this job (From W-2)

 

 

 

 

 

e. Non-taxable wages earned outside the City of Saginaw. (Multiply Line d by Line c)

 

 

 

 

 

SCHEDULE B - EXCLUDIBLE INTEREST AND DIVIDEND INCOME (FOR USE BY RESIDENTS ONLY)

 

 

 

Excludible Interest Income

Excludible Dividend Income

 

 

Interest income from federal return

 

 

Dividend income from federal return

 

 

Excludible interest income

 

 

Excludible dividend income

 

 

Interest from federal obligations

 

 

 

Dividend from federal obligations

 

 

Interest from Subchapter S corp

 

 

 

Dividends from Subchapter S corp

 

 

Other excludible interest income

 

 

 

Other excludible dividend income

 

 

Total excludible interest income

 

 

 

Total excludible dividend income

 

 

Taxable interest income

 

 

Taxable dividend income

 

 

SCHEDULE C - BUSINESS INCOME, BUSINESS ALLOCATION FORMULA AND PROFIT OR LOSS (Attach Federal Schedule C)

SCHEDULE D - SALE OR EXCHANGE OF PROPERTY (ATTACH FEDERAL FORM SCHEDULE D)

1.Portion of gain which occurred before July 1, 1965 (Resident and Non-resident)

2.Non-resident Sale of Stock

3.Non-resident Sale of Property located outside City of Saginaw

TOTAL EXCLUDABLE SALE OR EXCHANGE OF PROPERTY

Enter TOTAL on Page 1, Line 6 or 7 Exclusions

SCHEDULE E - SUPPLEMENTAL INCOME (ATTACH FEDERAL FORM SCHEDULE E)

1.Rents (Excludable by NON-RESIDENTS only on property located outside the City of Saginaw)

2.Partnerships (Excludable by NON-RESIDENTS only on partnerships located outside the City of Saginaw)

3.Other (Identify)

4.Total Excludable Supplemental Income (Add Lines 1, 2 and 3)

Enter name and address used on 2006 return. (If same as 2007 write "SAME". If none filed, please give reason. )

LIST ALL ADDRESSES WHERE YOU RESIDED IN 2007 (if more than 2 list on separate sheet and attach)

INDICATE T for taxpayer

S for spouse B for both

FROM

 

 

TO

T,S, B

 

ADDRESS

MONTH

 

DAY

MONTH

 

DAY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE G - EMPLOYERS. LIST ALL EMPLOYERS DURING 2007 & ACTUAL JOB LOCATION ( if more than 2 list on separate sheet & attach)

EMPLOYER

GIVE ACTUAL ADDRESS WHERE YOU WORKED

FROM

 

 

TO

MONTH

 

DAY

MONTH

 

DAY

 

 

 

 

 

 

MAKE CHECK/MONEY ORDER PAYABLE TO: SAGINAW CITY TREASURER.

MAIL REFUND & ZERO RETURNS TO:

MAIL PAYMENTS TO: INCOME TAX OFFICE

INCOME TAX OFFICE

P.O. BOX 5081

1315 S WASHINGTON

SAGINAW MI 48605-5081

SAGINAW MI 48601

PAGE 2

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Ways to complete WASHINGTON step 1

2. Once your current task is complete, take the next step – fill out all of these fields - DEDUCTIONS See instructions, Individual Retirement Account, Self Employed SEP SIMPLE and, Employee business expenses SEE, Moving expenses Into Taxing area, Penalty on early withdrawal of, Alimony paid DO NOT INCLUDE CHILD, Renaissance Zone deduction ATTACH, Total deductions Add lines, Total income after deductions, Amount for exemptions Number of, MUST COMPLETE EXEMPTION SCHEDULE, ATTACH, Total income subject to tax, and CHECK with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

WASHINGTON completion process outlined (stage 2)

3. In this particular stage, check out TAXPAYERS SIGNATUREIf joint return, SPOUSES SIGNATURE, DATE DATE, PRINT NAME OF PREPARER, PREPARERS PHONE NUMBER, DATE, Please check appropriate box, Yes you may discuss my return with, and PAGE. All of these have to be completed with utmost accuracy.

Stage # 3 for submitting WASHINGTON

In terms of TAXPAYERS SIGNATUREIf joint return and PRINT NAME OF PREPARER, make sure that you double-check them in this section. Those two are considered the most important fields in this file.

4. The next section will require your information in the following parts: ALL TOTALS FROM PAGE GO ON PAGE, You, Spouse, Date of birth, Regular, over, cid, cid, cid, cid, Blind cid, cid, Box A Number of boxes checked, DEPENDENTS, and Box B Number of dependents. Make sure you give all needed info to go onward.

WASHINGTON writing process clarified (portion 4)

5. To finish your document, the final section features a couple of additional blank fields. Filling out SCHEDULE A NONRESIDENT WAGE, Enter TOTAL on Page Line or, SCHEDULE F ADDRESSES, Enter name and address used on, LIST ALL ADDRESSES WHERE YOU, TS B, ADDRESS, FROM MONTH DAY, TO MONTH DAY, SCHEDULE G EMPLOYERS LIST ALL, EMPLOYER, GIVE ACTUAL ADDRESS WHERE YOU, FROM MONTH DAY, TO MONTH DAY, and MAKE CHECKMONEY ORDER PAYABLE TO is going to conclude the process and you will be done in a short time!

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