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1 Adjusted gross income from line 4 of federal Form 1040EZ . instructions on back) . 8b Property taxes paid on home in 2016. 2016. Forms 1A and WI-Z Instructions. NEW IN 2016 2016 Tax Table . Taxable interest from your federal Form 1040A, 1040, or 1040EZ . 2016. 1040EZ-CM. 6 Subtract line 5 from line 4. If line 5 is larger than line 4, enter -0-. This is your taxable income. Make sure the SSN(s). IRS Instruction 1040-EZ Form Versions · 1040ez instructions 2016 form: 1040EZ INSTRUCTIONS is the fast safe and free way to prepare and e- le your taxes.Unemployment compensation and Alaska Permanent Fund dividends (see instructions). 3. 4. Add lines 1, 2, and 3. This is your adjusted gross income. 4. 5.