Taxes

Taxes

Assessment

Flashcard

History

12th Grade

Hard

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35 questions

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1.

FLASHCARD QUESTION

Front

The W-4 form lets...

Back

your employer know how much to withhold from your paycheck

2.

FLASHCARD QUESTION

Front

The more allowances you claim on your W-4...

Back

The less money is withheld from your paycheck

3.

FLASHCARD QUESTION

Front

Which of these is the money you earn BEFORE taxes? Gross Pay, Net Pay

Back

Gross Pay

4.

FLASHCARD QUESTION

Front

the amount of money you are paid after all the deductions are subtracted

Back

Net pay

5.

FLASHCARD QUESTION

Front

When should you fill out a W-4? Options: When you quit a job, When you have 401K benefits, When you start a new job, Whenever you feel like it

Back

When you start a new job

6.

FLASHCARD QUESTION

Front

When is tax day?

Back

April 15th

7.

FLASHCARD QUESTION

Front

Are taxes deducted from all employees' paychecks?

Back

true

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