
FA Final Review
Flashcard
•
Life Skills
•
9th - 12th Grade
•
Practice Problem
•
Hard
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9 questions
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1.
FLASHCARD QUESTION
Front
Our tax money is spent on all of the following EXCEPT: Social Security, The Military, National Parks
Back
Private School Education
2.
FLASHCARD QUESTION
Front
The W-4 form lets...
Back
your employer know how much to withhold from your paycheck
3.
FLASHCARD QUESTION
Front
What item would you DEFINITELY see on a paystub? Options: Retirement, Healthcare, Gross Pay, Your occupation/role
Back
Gross Pay
4.
FLASHCARD QUESTION
Front
Jason filed his 2022 tax return and owes money. This means that: HIs employer did not withhold enough money from his paychecks.
Back
HIs employer did not withhold enough money from his paychecks.
5.
FLASHCARD QUESTION
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.
6.
FLASHCARD QUESTION
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
7.
FLASHCARD QUESTION
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
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