Lesson 2 Essay

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1040EZ NOTE: THIS BOOKLET DOES NOT CONTAIN TAX FORMS INSTRUCTIONS 2009 makes doing your taxes faster and easier. is the easy, fast, and free way to electronically file for those who qualify. Get a faster refund, reduce errors, and save paper. For more information on IRS e-file and Free File, see page 38 or click on IRS e-file at www.irs.gov. MAKING WORK PAY CREDIT It pays to work. You may be able to take this credit if you have earned income from work. UNEMPLOYMENT COMPENSATION You do not have to pay tax on unemployment compensation of up to $2,400 per recipient. Amounts over $2,400 per recipient are still taxable. For details on these and other changes, see pages 4 and 5. IRS Department of the Treasury Internal Revenue Service www.irs.gov Cat. No. 12063Z A Message From the Commissioner Dear Taxpayer, As another tax season begins, the IRS wants to make filing and paying your taxes as quick and easy as possible. We are trying to see things from your perspective so we can improve the quality and kinds of service we provide you. We want to help you successfully navigate a highly complex tax code and pay what you owe under the law– not a penny more, or a penny less. The American people who play by the rules every day further expect the IRS to vigorously enforce the tax law. Rest assured, we are pursuing those trying to evade paying their taxes. I also want to take this opportunity to make a pitch for e-file. If you received this 1040 package in the mail, the odds are that you are not enjoying the benefits of e-file. However, filing your taxes on-line was never easier. E-file is fast, secure, accurate, and taxpayers electing direct deposit can get their refunds in as little as 10 days. Therefore, you might want to give e-file a second look. For lower-income taxpayers and the elderly who don’t have access to a home computer and the

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