Sign up for a FREE EconEdLink membership for access to a dashboard to save your favorite lesson plans and other resources, as well as a  20% discount at the Council for Economic Education store, offering best-in-class publications including Financial Fitness for Life, and High School Economics. BECOME A MEMBER!

Grade 9-12
,
Lesson

Preparing Your Form 1040

Time: 45 mins,
Updated: May 6 2019,
Print

Objective

Students will be able to:

  • Explain the purpose of IRS Forms W2 and 1040.
  • Use the information in a W2 to complete a 1040 and calculate personal income taxes.