what form should i use?

Question

if I want to file as independent and single and have a 401k at work. plus a I also want to put some dental expenses and education interest.

Answer 1

No matter what your situation, you can always file with the 1040. The 1040A or 1040EZ may be easier to use, but your tax liability doesn't change. The 401k and filing single do not force you to use a particular form. Adjustments made for interest paid on a college loan prevents you from using the 1040-EZ. If you benefit from dental expenses, you need to file a Schedule A which means you can't use the 1040A. However, you need a lot of medical expenses before they actually make a dent in your tax liability.

If you do your taxes by hand, the little booklet tells you which forms you can use to file. If you are using tax software, it will choose the form for you.

Again, the 1040 encompasses all tax issues and, although possibly a bit more complicated, will give the same tax liability as the EZ or A assuming you can use the EZ or A.

Answer 2

Dental expenses are considered itemized deductions, so you would have to use the long form to itemize. However, those expenses plus whatever other itemized expenses you have need to total over your standard deduction, or it's not worth it to claim those dental expenses. You would need to look into that first.

Also, what is your gross income? Many tax websites offer FREE federal tax filing if your gross income is under a certain amount. (I'm not sure but I think it's 35k or maybe even more) If that's the case, it doesn't matter about the form, the site will do it for you. Check the IRS.gov website freefile information for a list of places that will file yours for free.

Answer 3

Your dental expenses will go under Schedule A. Even though you will propably won't have enough to itemize you might want to fill it out anyways because in most states, like New Mexico, will give you credits for medical expenses, and increase your state refund.
Your student loan interest will go on line33 of your 1040. If you paid tuition out of your own pocket fill out form 8863 to take the credit as well.

Answer 4

1040

Answer 5

You will always file form 1040

You probably will not have enough to itemize for 2006. If you own a home and pay RE taxes and Mort Int, you probably will have enough to itemize.

Answer 6

Depends on how much you make. If you are below a certain amount the standard deduction may be best for you. If you go to Turbotax.com, it can help you determine the best form based on you income and other information.