Dave Ramsey Personal Finance- Chapter 10 Taxes

Front

Withholdings and Deductions are...

Back

Expenses that are taken out of your paycheck

Front

The tax on the purchase of goods or services is called...

Back

Consumption Tax

Front

The money you earn hourly for your time and effort at work:

Back

Wages

Front

What does the Form W-4 estimate?

Back

how much tax you'll owe based on your current situation

Front

Every American who earns an income must file a ____ each year

Back

Federal tax return

Front

If you work and earn money, you will have to pay taxes.

Back

True

Front

When you make ____ money, you will pay ____ in taxes.

Back

More; more

Front

When you buy clothes or check out at the grocery store, you will pay ____

Back

sales tax

Front

A fixed, annual rate of pay that doesn't change by working more or fewer hours is called...

Back

Salary

Front

When someone says they need to file their taxes, they're talking about filling out a...

Back

Federal Tax Return