Filing Income Tax Task Cards - Federal Income Taxes 1040 Activity

This personal finance activity teaches students how to file a federal income tax return that includes a Form 1040 and a Schedule 1. Students are given a W-2 for fictional person "William A. Pay" who paid some student loan interest last year. He had also been unemployed for part of the year, taking his unemployment compensation untaxed. Will this lead to him owing taxes to the IRS?

**updated for April 2025 tax season** This activity will be updated every year. You will be able to redownload the updated version free of charge every year to get the update.

Included in this activity: 20 task cards, W-2, student answer sheet, answer key, completed 1040, completed Schedule 1, and links to a blank 1040, Schedule 1 and to the Tax Table.

The student answer sheet and task cards guide students through the 1040 and Schedule 1 so that students will come away from this activity confident about filing a federal income tax return. The final product of this activity is a completed federal tax form 1040 and an answer sheet.

Included in: Consumer Math Activities Bundle