Search Header Logo
Chapter 7 - Taxes & Government Spending

Chapter 7 - Taxes & Government Spending

Assessment

Flashcard

Social Studies

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

54 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Which is TRUE if you do not pay your taxes? Options: You owe twice as much the following year, You're more likely to be approved for low interest loans, You cannot go to jail (but you will be heavily fined), Your credit score may be impacted

Media Image

Back

Your credit score may be impacted

2.

FLASHCARD QUESTION

Front

Our tax money is spent on all of the following EXCEPT: Social Security, The Military, National Parks

Media Image

Back

Private School Education

3.

FLASHCARD QUESTION

Front

The W-4 form lets...

Media Image

Back

your employer know how much to withhold from your paycheck

4.

FLASHCARD QUESTION

Front

True or False: All wages, tips, and bonuses are taxable unless specifically excluded.

Media Image

Back

True

5.

FLASHCARD QUESTION

Front

Should Jason, who is 15 and earned $1450 at his job last summer, file a tax return?

Media Image

Back

Yes, because he may get a refund.

6.

FLASHCARD QUESTION

Front

Which of the following is NOT a way you can file your taxes?
Options:
Through a tax professional
Mailing in a paper tax return to the Federal government
Using tax software like TurboTax
Through your employer's HR department

Media Image

Back

Through your employer's HR department

7.

FLASHCARD QUESTION

Front

True or False: A teen's earned income can be reported on a parent's tax return.

Media Image

Back

False

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?