Taxes- Pre Test

Front

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

Back

Private School Education

Front

The W-4 form lets...

Back

your employer know how much to withhold from your paycheck

Front

What item would you DEFINITELY see on a paystub? Options: Retirement, Healthcare, Gross Pay, Your occupation/role

Back

Gross Pay

Front

If Jason filed his 2022 tax return and owes money, when should he pay this amount by to avoid a fee?

Back

April 18th

Front

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

Back

True

Front

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

Back

Yes, because he may get a refund.

Front

Which of the following is NOT a way you can file your taxes? 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

Back

Through your employer's HR department

Front

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

Back

False

Front

If a teen files a tax return, can the parent still claim him/her as a dependent?

Back

Yes, as long as the teen meets the dependency requirements

Front

Luisa earned $1,200 at her part-time job, and $500 from babysitting in cash. Which is TRUE?

Back

She will report her total income as $1,700.