If you choose, the IRS will figure your tax on Form 1040EZ, Form
1040A, or Form 1040. If you paid too much tax, you will receive a
refund. If you did not pay enough, you will be billed. You will not
be charged interest or the penalty for late payment if the bill for
the tax due is paid within 30 days of the notice date or by April 15,
1997, whichever is later. However, if you did not pay enough tax
during the year, you may be charged a penalty for underpayment of
estimated tax. Select Topic 306 for more detailed information.
Fill in the parts of the return that apply to you. Attach your Forms
W-2. Sign and date the return and mail it by April 15, 1997. Both
spouses must sign a joint return.
If you qualify for the earned income credit or the tax credit for the
elderly or the disabled, we will figure it for you. However, there
are several requirements you must meet. These are listed in your tax
package and in Publication 596, Earned Income Credit; and Publication
524, Credit for the Elderly or the Disabled. Refer to them to see if
you qualify. Publication 967, IRS Will Figure Your Tax, is available
for details on what information you must provide us, such as which
lines you must fill in and which forms you must complete and attach
to your return.
If you don't have to file a return, but are filing only to take the
earned income credit, follow the instructions in your tax package.
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